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1 History  





2 References  














Queens Moat Houses






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From Wikipedia, the free encyclopedia
 


Queens Moat Houses
IndustryHotels
FounderJohn Bairstow
DefunctAugust 2, 2004 (2004-08-02)
FateAcquired by Goldman Sachs
Headquarters

Key people

    • David Howell, Non-exec Director
  • John Gale, Non-exec Director
  • Martin Marcus, Deputy Chairman
  • Steve Marshall, Chairman
  • Queens Moat Houses PLC was a British public limited company engaged primarily in the hotel business.

    History[edit]

    Queens Moat House Hotels was founded in the early 1970s by John Bairstow.[1] By 1991, the company was the third largest hotelier in the United Kingdom, after Forte Group and Mount Charlotte.[1] On 31 March 1993, trading in its shares was suspended after an accounting scandal.[2][3] The company was subsequently investigated under Section 432(2) of the Companies Act 1985. In 1997, the company sold 25 hotels.[4] The company was bought by Goldman Sachs in August 2005 and renamed QMH Limited.[3][5] In October 2005, 9 hotels were sold for approximately £100m.[6] In February 2013, 20 German hotels were sold to Fattal Hotels, an Israeli company.[3] In 2014, 11 hotels were sold to Marathon Asset Management.[3]

    References[edit]

    1. ^ a b "The Failure of Queens Moat House I" (PDF). London Business School. 11 February 1997.
  • ^ Osborne, Alistair (19 June 2004). "Queens Moat directors 'corrupted by cleverness'". The Daily Telegraph.
  • ^ a b c d Harmer, Janet (8 August 2014). "Eleven QMH hotels acquired by Marathon Asset Management". The Caterer.
  • ^ "Queens Moat sells 25 hotels". The Independent. 11 February 1997.
  • ^ Osborne, Alistair (3 August 2004). "Takeover gives Queens Moat holders 1p a share". The Daily Telegraph.
  • ^ Chesters, Laura (7 October 2005). "Nine Queens Moat Houses hotels sell for £100m". Property Week.(subscription required)

  • t
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  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Queens_Moat_Houses&oldid=1193015551"

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    United Kingdom hotel stubs
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    This page was last edited on 1 January 2024, at 16:19 (UTC).

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