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Macdonald Hotels Ltd, formed in 1990 by Donald Macdonald, is a hotel company based in
Bathgate Bathgate ( or , ) is a town in West Lothian, Scotland, west of Livingston, Scotland, Livingston and adjacent to the M8 motorway (Scotland), M8 motorway. Nearby towns are Linlithgow, Livingston, and West Calder. A number of villages fall under ...
,
West Lothian West Lothian (; ) is one of the 32 council areas of Scotland, bordering (in a clockwise direction) the City of Edinburgh council area, Scottish Borders, South Lanarkshire, North Lanarkshire and Falkirk (council area), Falkirk. The modern counci ...
,
Scotland Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjac ...
. Its main subsidiary, Macdonald Hotels and Resorts, owns or operates hotels and holiday resorts in the UK and Spain.


History

In 1990, Managing Director of Stakis hotels, Donald Macdonald, created Macdonald Hotels Ltd by purchasing two Scottish hotels. The company continued to grow through various acquisitions, including hotels formerly owned by De Vere hotels and The Rank Organisation, as well as managing resorts in Spain under time-share, through a contract with Barratt Developments. Macdonald Hotels was bought from shareholders by its management in 2003 in a
management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 19 ...
facilitated by
Bank of Scotland The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial bank, commercial and clearing (finance), clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group. The bank was established by the Par ...
. The value of the transaction was £590 million. It expanded rapidly with the purchase of some "Forte Heritage Hotels" from
Forte Hotels Forte Group plc was a British hotel and restaurant company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Granada in 1996. Its head office was in the London Borough of Camden. ...
after the latter's takeover by Granada plc. In March 2005 the company reported a 600% web revenue increase, owing the tangible increase to a new online marketing strategy. In 2007 the company sold 24 hotels to Moorfield Real Estate Fund. It subsequently bid for the Management Contract to continue running these hotels but lost out to
AccorHotels Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor ope ...
.


List of hotels


References


External links


Company website

Macdonald Resorts website

The Scotsman Topic devoted to Macdonald Hotels
Hotel chains in the United Kingdom {{UK-hotel-stub