glh Hotels ceases management of CIT estate
24 April 2015
glh Hotels today announces that it has reached an agreement to cease management of the 19 regional Thistle Hotels (the CIT estate) which Lone Star Funds control. The agreement is a logical next step in glh Hotels' rapid transformation and aim of becoming a leading global hotel owner/operator by launching hotel brands that have global appeal.
Notes to Editors
glh Hotels remains committed to its goal of becoming a leading global hospitality group, using its industry-leading guest services and Value Centre General Management (VCGM) Model to deliver outstanding value for owners, investors and guests.
glh Hotels refers to GLH Hotels Management (UK) Limited, a subsidiary of GuocoLeisure Limited. glh Hotels is the largest owner-operator hotel company in London with over 5707 hotel rooms. In total glh Hotels currently has 8,279 bedrooms and 154 meeting rooms across 19 hotels across 4 brands: Clermont Hotels (5 star), Amba Hotels (full-service 4 star), every Hotels (limited service 4 star) and Thistle (full-service).