Stakis Hotels was a

hotel chain 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 suite (hotel), suites with bigger, higher-quality beds, a d ...

in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

led by Sir Reo Stakis, headquartered in

Glasgow Glasgow is the Cities of Scotland, most populous city in Scotland, located on the banks of the River Clyde in Strathclyde, west central Scotland. It is the List of cities in the United Kingdom, third-most-populous city in the United Kingdom ...

History

The company was founded by Reo Stakis in the 1930s. It was sold to

Hilton Group Ladbrokes Coral is a British gambling company. Its product offering includes sports betting, online casino, online poker, and online bingo. The Ladbrokes portion of the group was established in 1886, and Coral in 1926. In November 2016, the ...

in 2000 for £1.2 billion. Following the sale, many of the Stakis top personnel were retained by Hilton and took some of the senior positions within the company including Sir David Michels the then CEO of Stakis, who went on to become Chief Executive of Hilton Group.

References

Defunct hotel chains Scottish brands Hotel chains in the United Kingdom {{UK-hotel-stub