Principal Hayley Group
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| Private | |
| Industry | Hospitality |
| Founded | 2006[1] |
| Headquarters | Harrogate, North Yorkshire, England, UK |
Area served |
United Kingdom France |
Key people |
Tony Troy, Chief Executive Officer Paul Nisbett, Chief Operating Officer[2] |
| Revenue | £160.9 million (2013)[3] |
| Parent | Starwood Capital Group |
| Website | principal-hayley.com |
Principal Hayley Group is a hotel and conference venue operator whose headquarters are in Harrogate in North Yorkshire.
The company was formed from a management buyout of a group of six hotels in 2006, backed by the private equity firm Permira. In 2010 the company was taken over by Lloyds following financial difficultly. In February 2013, the bank sold the group to the American investment company Starwood Capital Group for £360 million.[4]
The company presently operates 50 locations, mainly in the UK, under the PH Hotels name. In 2009, it expanded through the purchase of two venues from the collapsed group The Real Hotel Company plc[5] and opened two new venues in France and Spain. However it is now only associated with the Paris property.
Hotels and venues
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References
- ↑ "Principal Hayley". Business Week. Retrieved 2009-12-31.
- ↑ " "New chief operating officer for Principal Hayley". myvenues.co.uk. 2009-05-27. Retrieved 2009-12-31.
- ↑ "PRINCIPAL HAYLEY SEALS £300M REFINANCE". Insider Media. 5 September 2014. Retrieved 10 January 2015.
- ↑ "Lloyds to sell off hotels in £360m deal". The Telegraph. 28 February 2013. Retrieved 10 January 2015.
- ↑ Leanne Bell (2009-06-25). "Principal Hayley rescues New Connaught Rooms from administration". citmagazine.com. Retrieved 2009-12-31.
External links
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