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Thistle Hotels
Thistle Hotels, run by glh., is a UK-based hotel company with a portfolio of 7 Central London hotels, one at London Heathrow and one in Dorset, operating in the three and four star sector. History It was set up by Scottish & Newcastle in 1965, to combine its own traditional legacy hotels with purpose built hotels. Mount Charlotte Investments bought thirty four Thistle hotels from S&N, and acquired the Thistle brand name for £645m in November 1989. During the subsequent recession, the debt taken on to fund the transaction became unsustainable, resulting in Mount Charlotte being taken over by Brierley Investments of New Zealand for £664m in 1990. The chain was the main shirt sponsor for Leeds United AFC from 1993 to 1996. In 1997, the company floated on the Stock Exchange, to become Thistle Hotels plc, valued at £620m. In September 1998, it sold 30 provincial hotels to Grace Hotels (owned by the Lehman Brothers investment bank) for £62.7m, becoming managed by Peel Hotels. ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only i ...
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Hotels Established In 1965
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In J ...
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Companies Based In The London Borough Of Hillingdon
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Little Chef
Little Chef was a chain of restaurants in the United Kingdom, founded in 1958 by entrepreneur Sam Alper, who was inspired by American diners. The chain was famous for the "Olympic Breakfast" – its version of a full English – as well as its "Early Starter" and "Jubilee Pancakes". The restaurants were mostly located on the roadside near A roads, often paired with a Travelodge motel, a Burger King and a petrol station. The chain was also located along motorways in Moto Services, for a time. The chain expanded rapidly throughout the 1970s, and its parent company would acquire the Happy Eater chain in the 1980s, its only major roadside competitor. When its owners converted all Happy Eater restaurants to Little Chef in the late 1990s, this allowed it to peak in scale with 439 restaurants. Little Chef began to face decline in the early 2000s, this mainly due to the chain expanding too fast, meaning it could not properly invest in all of its locations. Compared to its peak in t ...
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Royal Horseguards Hotel
The Royal Horseguards Hotel is a London hotel situated in the area of Whitehall. It is operated by Guoman Hotels, a subsidiary of Thistle Hotels. History The building is the centre section of Whitehall Court which was designed by Thomas Archer and A. Green and constructed as a block of luxury residential apartments in 1884. The building's construction was the centrepiece of an elaborate pyramid scheme for fraud by the Liberal MP and property developer Jabez Balfour, through the Liberator Building Society which he controlled. In 1892 the Society collapsed, leaving thousands of investors penniless. Instead of advancing money to home buyers, the Society had advanced money to property companies to buy properties owned by Balfour, at a high price. It achieved its listed building status due to its architecture, which is modelled on a French chateau. The centre section of Whitehall Court was converted to a hotel in 1971 and acquired by Guoman Hotels in 2008. It underwent a £20 mil ...
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Tower Hotel, London
The Tower Hotel is a large hotel situated on the north bank of the River Thames The River Thames ( ), known alternatively in parts as the River Isis, is a river that flows through southern England including London. At , it is the longest river entirely in England and the second-longest in the United Kingdom, after the R ..., on the east side of Tower Bridge, in London. The hotel was designed by the RHWL, Renton Howard Wood Partnership, constructed by Taylor Woodrow for owners J. Lyons & Co., and opened in September 1973 by the Constable of the Tower of London, Sir Richard Hull. It was built in a Brutalist architecture, Brutalist style and was voted the second most hated building in London in a 2006 BBC poll. J. Lyons operated the hotel until July 1977 when it was sold for £6.5m to EMI, EMI Leisure. In 1980, EMI Leisure properties, including the Tower Hotel, were sold to Forte Group, Trusthouse Forte. The hotel was later acquired by the Thistle Hotels group. The hotel ha ...
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ...
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Travelodge UK
Travelodge Hotels Limited is a private company operating in the hotels and hospitality industry throughout the United Kingdom, Ireland and Spain. Known simply as ''Travelodge'', it is the UK's largest independent hotel brand with over 570 limited-service hotels across the UK. Company history Opening by Trusthouse Forte In the early 1970s, Charles Forte bought the US Travelodge brand with the hope of establishing it in Britain. The first Travelodges opened in 1973 in former Excelsior Motor Lodge branches, a brand of motels owned by Forte which were located near busy roads. Trusthouse Forte would later open another roadside hotel chain in 1976. These were ''Little Chef Lodges'' which were attached to Little Chef restaurants and was the first chain of budget hotels in the UK. In 1988, the two chains were combined and rebranded to become "Forte Travelodge". Granada ownership In 1995, Travelodge was bought by Granada, when the Forte Group (formerly Trusthouse Forte) underwent a ...
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Leeds
Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by population) in England, after London and Birmingham. The city was a small manorial borough in the 13th century and a market town in the 16th century. It expanded by becoming a major production centre, including of carbonated water where it was invented in the 1760s, and trading centre (mainly with wool) for the 17th and 18th centuries. It was a major mill town during the Industrial Revolution. It was also known for its flax industry, iron foundries, engineering and printing, as well as shopping, with several surviving Victorian era arcades, such as Kirkgate Market. City status was awarded in 1893, a populous urban centre formed in the following century which absorbed surrounding villages and overtook the nearby York population. It is ...
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Leaseback
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the sel ...
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Topland Group
Topland Group is one of the world's largest privately owned property and investment groups. Topland is headed by the billionaire brothers Eddie and Sol Zakay. Topland has "become a major player in the regional UK hotel market, having spent £200m on acquiring 28 hotels." The company head office is at 55 Baker Street, London. History The founders Eddie Zakay was born in July 1950 and Sol Zakay was born in June 1952. Origins Eddie and Sol Zakay started their property business in Britain during the 1980s property boom. They later expanded into the U.S. and Middle Eastern markets.''The Times'' described the brothers as having made their money principally through sale and leaseback deals with supermarkets, particularly an important deal with Marks & Spencer in 2001. Sol Zakay left Britain to live in Israel. In 2013, he returned to the UK and took over as chairman and CEO of Topland from Eddie, who became deputy chairman. Topland Group is one of the world's largest privately owned p ...
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