Hotel owner Ennismore purchases Gleneagles Hotel

The Staff Canteen
Ennismore, the London-based hospitality real estate group and property developer today announced the purchase of the famous Gleneagles Hotel in Scotland from drinks group, Diageo. gle005d_lowEnnismore already owns unique properties around the world including The Hoxton, and from July 1 2015, will also possess the Gleneagles Hotel. Sharan Pasricha, founder and Chief Executive of Ennismore, said: “We are delighted to be acquiring the iconic Gleneagles Hotel, which is one of the world’s most prestigious and recognisable venues. We plan to operate Gleneagles as a standalone business – alongside The Hoxton – to ensure that its management team can preserve the special appeal of this Scottish landmark.” The iconic Scottish landmark and its associated facilities in Perthshire are being acquired from Diageo, which has owned and developed the site since 1984. Bernard Murphy, Managing Director of The Gleneagles Hotel, commented: "We very much look forward to working with Ennismore, and are excited about the possibilities of this new chapter in Gleneagles’ history. “We have enjoyed a great relationship with Diageo over the last three decades, culminating in the hosting of what has been described as ‘the best ever Ryder Cup’ on the PGA Centenary Course last September. “Looking ahead, the business is going from gle022d_lowstrength to strength and bookings for the summer period are very strong. This is in no small part thanks to the hard work of our team of 900 dedicated staff.” The current employees of Gleneagles will keep their jobs, ensuring that Gleneagles continues to contribute to the local economy. Ennismore also plan to invest significant sums across the estate to develop the resort’s reputation. Mr Pasricha said: “We will be proud guardians of this asset, ensuring that the service-levels and visitor experience for which Gleneagles is renowned are preserved and enhanced in the years to come.” Gleneagles has more than 230 bedrooms, award-winning spa facilities and 850 acres of grounds offering a variety of outdoor activities. It includes a two-star Michelin restaurant, three championship golf courses, luxury lodges and related resort facilities. gle021d_lowBernard Murphy, added: "For the moment our priority is, as always, to provide fantastic customer service and memorable experiences for our guests, so that Gleneagles can continue to flourish in the future.” "In the meantime, it's very much business as usual for our members, staff and guests, and forward bookings will be unaffected." The purchase coincides with the next stage of Ennismore’s international expansion, which includes the opening of its new hotel: The Hoxton, Amsterdam. The Dutch site will be followed by Williamsburg, New York (2016), Paris (2017) and London, Southwark (2017). Diageo will continue to have a relationship with Gleneagles, which will ensure its brands, especially its world-leading Scotch Whisky brands, continue to be promoted at the luxury hotel.
In these challenging times…

The Staff Canteen team are taking a different approach to keeping our website independent and delivering content free from commercial influence. Our Editorial team have a critical role to play in informing and supporting our audience in a balanced way. We would never put up a paywall  – The Staff Canteen is open to all and we want to keep bringing you the content you want; more from younger chefs, more on mental health, more tips and industry knowledge, more recipes and more videos. We need your support right now, more than ever, to keep The Staff Canteen active. Without your financial contributions this would not be possible.

Over the last 16 years, The Staff Canteen has built what has become the go-to platform for chefs and hospitality professionals. As members and visitors, your daily support has made The Staff Canteen what it is today. Our features and videos from the world’s biggest name chefs are something we are proud of. We have over 560,000 followers across Facebook, X, Instagram, YouTube and other social channels, each connecting with chefs across the world. Our editorial and social media team are creating and delivering engaging content every day, to support you and the whole sector - we want to do more for you.

A single coffee is more than £2, a beer is £4.50 and a large glass of wine can be £6 or more.

Support The Staff Canteen from as little as £1 today. Thank you.

The Staff Canteen

The Staff Canteen

Editor 1st July 2015

Hotel owner Ennismore purchases Gleneagles Hotel