The Memphis-based client, a subsidiary of the Holiday Corporation, operates 165 hotels in 32 states.
(The Holiday Corporation, with more than 1,800 hotels and nearly 353,000 rooms, ranks first.)
New corporate bond issues scheduled this week include $1.4 billion of speculative grade securities from the Holiday Corporation.
Holiday Corporation rose 1 1/4, to 66 1/4.
Harrah's is owned by the Holiday Corporation.
Embassy Suites, the all-suite division started in 1984 by the Holiday Corporation, invites local restaurateurs to operate its restaurants and room service.
His initial stake was a joint venture with the Holiday Corporation.
The Holiday Corporation said it had received commitments from three banks for $1.23 billion in financing for its previously announced recapitaliztion plan.
Multimedia pioneered it in 1985, the Holiday Corporation did it last year.
The company was then called the Holiday Corporation.
