Queens Moat Houses

Queens Moat Houses plc was a British public limited company engaged primarily in the hotel business.

It came to public attention after the suspension of its shares on 31 March 1993 consequent upon significant financial difficulties which precipitated a spectacular collapse. The company was subsequently investigated under Section 432(2) of the Companies Act 1985. Queens Moat Houses was bought by Goldman Sachs in August 2005. The company was then renamed QMH Limited.

The remaining 18 UK hotels, operated by QMH UK Limited (formerly Queens Moat Houses UK Limited), are either operated under franchise agreements with InterContinental Hotels Group - 12 Holiday Inn and 3 Crowne Plaza hotels, or are members of the Best Western consortium - 3 Best Western Moat House Hotels.

References

Queens Moat Houses plc: Investigation under section 432(2) of the Companies Act 1985 (PDF) (Adrian Burn FCA and Patrick Phillips QC, Department of Trade and Industry)
A note on the investigation on the website of the Royal Institution of Chartered Surveyors
A Daily Mail article on the collapse.

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