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Stakis Hotels

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The Grosvenor Hotel, a former Stakis property in Glasgow, now owned by Hilton Worldwide. Hilton Glasgow Grosvenor hotel - geograph.org.uk - 593697.jpg
The Grosvenor Hotel, a former Stakis property in Glasgow, now owned by Hilton Worldwide.

Stakis Hotels was a hotel chain in the United Kingdom led by Sir Reo Stakis, headquartered in Glasgow.

History

The company was founded by Reo Stakis in the 1930s. [2] It was sold to Ladbroke in March 1999 for £1.2 billion, and the combined company renamed Hilton Group. [2] 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. [3]

References

  1. ↑ "Grosvenor Terrace". TheGlasgowStory. Retrieved 5 August 2018.
  2. 1 2 "Reo Stakis". The Guardian. 29 August 2001. Retrieved 5 August 2018.
  3. ↑ "The team". Michels & Taylor. Retrieved 5 August 2018.


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