Macdonald Hotels

The Macdonald Hotels chain has strong literary connections – Oxford’s fictional Inspector Morse visited its Randolph Hotel, while Agatha Christie famously sought solitude at the Old Swan in Harrogate. After floating the company in 1996, founder and chairman Donald Macdonald took it private in 2003, backed by Bank of Scotland Corporate, selling 24 hotels to reduce debt. The Scottish group is refurbishing and upgrading the remaining 53 hotels and has spent £48m on a new 338-bedroom property in Manchester. Sales reached £186.9m in 2006.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2007
Rank175
CompanyMacdonald Hotels
ActivityHotel operator
LocationWest Lothian
Sales £m186.9
Operating profit £m27
Main shareholdersBank of Scotland Corporate (50%), management (50%)
Staff5,299
Founded1990
Websitewww.macdonaldhotels.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda