Real Hotel Company

[1] In 1986, he floated the company under the name of Friendly Hotels PLC on the London Stock Exchange.

[1] The relationship prospered and in 1996, the company gained the master franchise from CHI to develop the Choice brands in the UK and Ireland, followed, in 1998, by the master franchise to develop the Comfort, Quality, Clarion and Sleep Inn brands across Continental Europe (excluding Scandinavia).

[1] In June 2001, CHI revealed that it was talking to several potential buyers about selling its stake in the company.

[1] However, the economic downturn hit the company hard, and it slid into losses in 2007.

[3] The final property disposed of was the Quality Hotel in Perth which was sold in February 2011.