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.
In 2005, the North British operated twenty hotels, one each at Arrochar, Ballater, Callander, Craignure, Edinburgh, Fort William, Grantown-on-Spey, Gretna Green, Harrogate, Inverness, Pitlochry, Retford, Scarborough, Strathpeffer, Thurso, Ullapool, and Wick, with two each at Inveraray, Oban, and on the Isle of Skye.
[2] In 2005, North British Trust Group sold sixteen of its twenty hotels, retaining only those at Craignure (the "Isle of Mull"), Strathpeffer (the "Ben Wyvis"), and the two hotels at Inveraray (the "Oban Bay" and the "Loch Fyne").
[2] North British planned to turn its attention to adventure tourism, having previously been "a favourite of elderly coach holidaymakers".
[2] In March 2022 Crerar Hotels was acquired by funds advised by Blantyre Capital Limited together with their operating partner Fairtree Hotel Investments to further expand their UK luxury leisure platform.