Including hotels and caterers

The investor would be well advised to select those companies which diversify their activities by owning both hotels and catering establishments and offering entertainment. It should be observed that this section of the market is one which will benefit greatly in time of general prosperity and inflation but will suffer heavily in periods of depression. The choice should be from the five detailed previously, namely, Rank Organisation, Lyons, Mecca, Forte (Holdings) and Butt's.


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International Publishing Corporation:: The world's largest publishing organisation con-trolling over 200 newspapers, magazines and periodicals including the Daily Mirror. Dominant place in women's magazine market and trade journal field. Website and directory publishers.