Industry Hotel Headquarters Edinburgh Parent organization Crerar Hotel Group Ltd. | Website www.crerarhotels.com Founded 1902 | |
Subsidiaries Craiglynne Hotel, GoGlasgow Urban Hotel Profiles | ||
5pm crerar hotels big deal
Crerar Hotels is a hotel chain managed by Crerar Management Ltd., based in Edinburgh, Scotland.
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History
The Cheshire Public House Trust Company was founded in 1902 by the fourth Albert Grey, 4th Earl Grey.
The first trust to be set up was British Trust Hotels. Nine businessmen invested in this company and half the shareholding was settled in trust to ensure that a percentage of the profits were indeed distributed to charitable organisations.
Paddy Crerar joined North British Trust Group Ltd as a trainee and worked his way up the ranks; appointed Managing Director of British Trust Hotels in October 1999 and Group Managing Director (Chief Executive) of North British Trust Group in April, 2003.
Paddy acquired a shareholding in NBTG Ltd early on. This later helped him take a controlling interest in the company which became Crerar Hotels following the sale of a number of properties to Swallow Hotels in August 2005 which has been sold in 2014.
Substantial charitable donations are still made by the British Hotels Trust, which owns shares in the business.
Hotels
See below a list of Crerar Hotels: