www.delancey.com/news/releases/?id=15&keyword=&datestar -
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Last Visited: 10/18/2008
Delancey's experience in real estate and funding will complement the hotel and management skills of Hilwood's new joint managing directors, Gregor Ritchie, most recently former Operations Director of Hand Picked Hotels Limited, and Arvinder Walia, former Group Finance Director of Hand Picked Hotels Limited.
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"We have been interested in this market for some time and are delighted to have formed a partnership with Arvinder and Gregor.
We are confident that their excellent track record in building and managing a hotel portfolio, supported by Delancey's complementary real estate and property financing expertise, will provide Hilwood with exciting dynamic and strong foundations.
Having already acquired our first asset, we look forward to working together to rapidly grow Hilwood into a leading brand in the UK hotel industry."
Hilwood joint managing director, Gregor Ritchie, commented:
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Gregor Ritchie
Gregor has a strong background in hotel management and also joins Hilwood from Hand Picked Hotels Limited, where he has worked as Operations Director since 2001.
During his time at Hand Picked, Gregor was responsible for the initiation, development and implementation of the strategic direction, service and standard ethos of the company's five-year investment plan.
Gregor helped to re-position the portfolio as a luxury hotel market operator, securing recognition in the form of various awards, including The AA Hotel Group of the Year award 2004-2005 and the BHA Business Excellence award 2005 for best group management.
Prior to joining Hand Picked, Gregor worked in a range of hotel management positions in premium four and five star hotels throughout the UK.