QHotels Secures Place in Sunday Times Buyout Track 100 for Second Year Running
Wednesday 5th March 2008
QHotels has once again ranked in the annual Sunday Times Buyout Track 100 of private-equity backed companies with the fastest growing profits, being placed at number 41, the only hotel operator to feature in the complete list for 2008.
Director of Marketing for QHotels, Liz Howe commented: This is a fantastic achievement for the group. We are delighted to be recognised again in the results, particularly as the leaders in our field. She continued, The ranking is a tribute to the exceptional standard of product that QHotels offers, the hard work of our staff and the high levels of service and innovation that we constantly strive to deliver.
The Leeds Company was founded in March 2003 by a team of experienced hoteliers in collaboration with venture capitalists Alchemy Partners. Since then the group has rapidly expanded, largely boosted by its £180m acquisition of 12 Marston Hotels in 2006. In addition QHotels has spent over £120 million refurbishing its portfolio.
Today, the group comprises of a mix of 21 traditional and new build properties across the UK; with 3,000 bedrooms, over 200 meeting and conference rooms and a combination of specialist offerings from health, fitness and spa facilities, specialist wedding packages to golf facilities for all handicaps.
- ends
For further details or comment, please contact Cheryl Pitcher or Amy Scott at Davies Tanner. Tel: +44 (0) 1892 619100 or email: cheryl.pitcher@daviestanner.co.uk /
Notes to Editors:
o Since its inception four years ago, the QHotels group has grown from two hotels to 21; under the management of Managing Director Michael Purtill, Sales Director David Taylor and Financial Director Ian Goulding who founded the group in collaboration with the investment company Alchemy Partners.
o The group now boasts a prestigious selection of highly individual properties throughout the UK and pride themselves on a mix of elegant and beautiful hotels.
o For more information and a full list of the QHotels properties please visit www.qhotels.co.uk.
o QHotels recently supported the publication of the 200 page authoritative HBI Meetings Industry Report.
