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Reo Stakis

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Name
  
Reo Stakis


Reo Stakis wwwoldglasgowpubscoukimagesPub20Imagesreos

Died
  
August 28, 2001, Stirling, United Kingdom

Sir Reo Stakis (born Argyros Anastasis) (13 March 1913 - 28 August 2001) was a Scottish-Cypriot hotel magnate, longtime head of Stakis Hotels.

Reo Stakis Reo Stakis

He was born in Kato Drys, Cyprus 13 March 1913 and left for Great Britain in 1928, aged 14. He started selling his mother's handmade lace door-to-door and gradually headed north, settling in Glasgow. By the 1940s, Stakis was involved in his first restaurant, the Victory in Glasgow, whose affordable prices began to change the way Scottish people dined out. By the 1960s, he had a chain of thirty restaurants and hotels throughout Scotland. In 1962, he bought the Dunblane Hydro Hotel, which was run-down yet within six months he had returned it to profit. Stakis was to make his home in the grounds of that hotel.

Reo Stakis Stakis

Stakis opened Scotland's first casino, the Chevalier, in 1964 and gradually added several other casinos to the Stakis group. However, his flagship hotel, The Grosvenor, was destroyed by fire in 1978.

Reo Stakis Sir Reo Stakis 1913 2001 Find A Grave Memorial

He was knighted in 1988. By that time Stakis' son Andros had taken over the business and in difficult trading conditions, some poor decisions brought the company close to bankruptcy. However, new management brought renewed profitability and Stakis was able to sell his empire to the Hilton Group for £1.2 billion in 1999.

Reo Stakis Stakis The Reo Stakis Story Amazoncouk Jack Webster

He was Chairman of Stakis plc from 1947–1991, and President 1986-1999.

Reo Stakis BBC News SCOTLAND Final tributes to Sir Reo

He married Annitsa Petropoulos in 1946, and they had two sons and four daughters.

Reo Stakis Reo Stakis

Stakis was a generous benefactor to the Greek Orthodox church in Glasgow, buying both their first church in the city in 1953 and their Cathedral of St Luke the Evangelistes in 1960.

Stakis died in Stirling on 28 August 2001. He is buried in Dunblane Cemetery.

Scottish journalist Jack Webster wrote his biography Stakis: The Reo Stakis Story.

References

Reo Stakis Wikipedia