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Crerar Hotels CEO Steps Down After Five Years of Growth and Expansion

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Sunday, August 3, 2025

Crerar Hotels’ CEO has officially stepped down after a transformative five-year tenure. His departure was announced via LinkedIn, where it was shared that the decision was made to explore new personal and professional opportunities.

A Legacy of Expansion and Success

The CEO assumed the role in March 2020, a challenging time for the hospitality industry due to the onset of the global pandemic. Despite the challenges, Crerar Hotels experienced significant growth under the leadership. The company’s portfolio expanded from seven to 10 properties, including notable acquisitions like the five-star Fonab Castle in Pitlochry, Dunkeld House Hotel in Perthshire and the Daffodil Hotel & Spa in Grasmere, Lake District.

The growth of Crerar Hotels was not just limited to the number of properties, financial results also reflected strong performance. The company reported a 9% increase in turnover for the period ending March 25, 2024. Room revenue rose by 10% and gross profit surged from £7.8 million to £8.8 million. These figures highlight the company’s resilience and the successful direction in which the leadership steered the business.

Appreciation for the Team and Company Values

In his farewell message, the outgoing CEO expressed deep gratitude towards the Crerar team, acknowledging their role in the company’s success. He referred to the team as the heartbeat of the business and emphasized that their dedication was a key factor in the growth of the company and the establishment of the Spirit of Scotland ethos. His leadership style, grounded in collaboration and belief in the company’s vision, helped foster an environment that resonated with both employees and guests.

Having more than 30 years of experience in the hospitality industry, the CEO recognized the rare alignment and energy within the Crerar team, qualities he believes played a vital role in the company’s ongoing success.

Looking Ahead: Future Plans for the Leadership

With his departure from Crerar Hotels, the outgoing CEO will take some time off to reconnect with friends and family. He has expressed interest in exploring new career opportunities in the near future. Prior to joining Crerar Hotels, he held significant leadership roles, including serving as the cluster general manager for Marriott International in Scotland and as CEO of Macdonald Aviemore Resort. His extensive experience is expected to serve him well in his next professional endeavor.

Crerar Hotels Under New Leadership

While the CEO’s departure marks the end of a successful chapter for Crerar Hotels, the company’s future remains promising. The group, which is owned by London-based Blantyre Capital, has undergone significant transformations and is poised for continued success. With its growing portfolio and strong financial results, Crerar Hotels is expected to maintain its position in the competitive luxury hospitality market.

The management of new hotels and an increasing customer base will likely continue to drive the company forward, ensuring its expansion into new markets and continued service excellence. As Crerar Hotels moves into its next phase, the foundation laid by the outgoing leadership will remain central to its strategy for growth.

As the hospitality industry evolves, Crerar Hotels’ journey serves as a testament to the power of strategic leadership and a committed team, both of which were integral to the success of the company under the previous CEO. His legacy will continue to influence the company’s future as it remains focused on growth, quality and innovation.



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IHCL Expands in Northeast India: Rediff Moneynews

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Indian Hotels Co. Ltd (IHCL) plans significant expansion in Northeast India, with new hotels and renovations in Assam, Tripura, and other locations.

New Delhi, Aug 3 (PTI) Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) is putting the spotlight on the North East for new properties in line with India’s ambition of developing the region, according to its Managing Director and CEO Puneet Chhatwal.

The company has a portfolio of 15 hotels with 1,348 rooms in the North East, and six hotels with 634 rooms in the pipeline.

Developing properties in the East and North East has been a part of a strategic initiative, Chhatwal told PTI.

“Like 50 years ago it was Goa, 30 years ago it was Kerala. More recently, you heard about Lakshadweep. Now it is the North East — which is also in line with India’s ambition of developing the North East — our contribution as a Tata Group company,” he noted.

Elaborating on some of the new projects that the company is undertaking in the North East, he said,”IHCL has committed to projects like Jagiroad in Assam, opposite the Tata Electronics factory that is coming up.”

Moreover, he said,”There are also the conversion of two properties — one is the existing Vivanta in Guwahati which will be upgraded to Taj. We will see an extension of that asset with a number of rooms, banquet halls, etc. We will also be building another hotel in Kaziranga (in Assam).”

Chhatwal also reiterated that IHCL has signed its first ‘Taj Palace’ property in the North East with the ‘Taj Pushpabanta Palace’ in Agartala, Tripura.

The property was signed in May this year in a public-private partnership with the Tripura government. Under the partnership, the Pushpabanta Palace built in 1917 as a holiday home for the king and his guests will be developed to have 100 rooms to be housed in a newly built structure.

The refurbishment and expansion are expected to be completed in the next three years, IHCL had earlier said.

Last month, IHCL and the Ambuja Neotia Group had announced an agreement for 15 new hotels mostly in the East and North East India.



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Chișinău’s First ibis Styles Hotel to Elevate Moldova’s Hospitality Landscape

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Sunday, August 3, 2025

In a significant development for Moldova’s tourism sector, the country will welcome its first ibis Styles hotel in the capital city, Chișinău. This new hotel is part of the well-known Accor Group’s global network and aims to transform Moldova’s tourism scene. It is set to open in the fall of 2025 and will play a key role in the country’s HORECA (Hotel, Restaurant, and Catering) industry. A €12 million investment marks an important step in updating the nation’s tourism infrastructure.

Strategic Location and Economic Impact

Located on the main road leading to Chișinău International Airport (RMO), the ibis Styles hotel will benefit from a prime location in close proximity to one of Europe’s most dynamic airports. Chișinău International Airport experienced an impressive 48.3% increase in passenger traffic during the first half of 2025, with over 2.45 million travelers passing through its terminals. This surge in passenger numbers underscores Moldova’s increasing prominence as a key destination for international travel, further boosting the demand for high-quality hospitality options.

A Vision for Urban Development: The German Village Project

The ibis Styles Chișinău hotel is set to be a flagship component of the “German Village” urban concept, a modern development project initiated by Regata Imobiliare SRL. This innovative concept is designed to transform the surrounding area into a hub for both residential and commercial development. The hotel itself will boast a design that seamlessly blends modern elements with the essence of its urban surroundings, providing visitors with a contemporary yet comfortable experience.

As Chișinău continues to evolve as a key city in the region, the establishment of the ibis Styles hotel signals the beginning of a new era of urban development. With its commitment to sustainable and functional design, the project is expected to significantly enhance the city’s tourism appeal and economic profile.

Features and Facilities: A World-Class Experience

The ibis Styles Chișinău will offer a wide range of services and facilities designed to meet the needs of both business and leisure travelers. The hotel will feature 100 contemporary rooms, each designed with the latest in comfort and style. Guests will also have access to a modular event center of over 200 square meters, which will be ideal for conferences, meetings, and special events.

For those looking to unwind after a day of exploring the city or attending business meetings, the hotel will also house a restaurant with a bar and terrace. Fitness enthusiasts will appreciate the dedicated fitness area, while the hotel will offer 45 parking spaces for the convenience of its visitors.

The project’s design, which is inspired by the sport of tennis, reflects the creative identity of the entire urban development. This unique design approach will help the hotel stand out as a modern and stylish accommodation option within Chișinău, aligning with the city’s evolving tourism profile.

Economic Growth and Job Creation

In addition to enhancing Moldova’s tourism infrastructure, the ibis Styles Chișinău hotel is expected to generate a significant number of jobs in the region. To date, the project has already created approximately 50 new jobs, and as the hotel opens its doors to guests, further employment opportunities will likely arise. This influx of jobs is expected to have a positive ripple effect on the local economy, with additional opportunities for local businesses and the hospitality sector.

The development is also likely to attract international hospitality expertise to Moldova, further raising the standard of services and setting a benchmark for future tourism and hospitality ventures in the country.

Growing Tourism in Moldova: A Rising Profile

The opening of the ibis Styles Chișinău hotel comes at a time when Moldova’s tourism sector is experiencing rapid growth. According to official reports, there has been a notable 7.5% increase in tourist arrivals in Q1 2025 compared to the same period in 2024. This surge reflects a broader trend toward longer stays, with a 23.2% rise in overnight stays in the same period. The combination of these factors demonstrates a growing engagement with the country’s tourism offerings, as travelers increasingly seek out destinations that offer both rich cultural experiences and modern amenities.

In light of these developments, the hotel opening is seen as an important step in solidifying Moldova’s place on the global tourism map. As international travelers look for new and unique destinations, Moldova’s rising profile as a destination of choice has been evident in the growing number of visitors each year.

A Competitive Destination in Central and Eastern Europe

The development of the ibis Styles Chișinău hotel highlights Moldova’s potential to emerge as a competitive tourism destination in Central and Eastern Europe. As global hospitality groups, such as Accor, continue to invest in the country, Moldova is positioning itself as an attractive destination for both business and leisure travelers. The establishment of international hotels such as ibis Styles underscores the country’s efforts to meet international standards of hospitality, which is a key factor in attracting high-spending tourists.

Moreover, the focus on sustainable and socially responsible development within the project aligns with broader global trends in tourism, where sustainability has become a central theme. This approach not only appeals to environmentally conscious travelers but also supports Moldova’s broader goals of achieving long-term economic growth through tourism.

Moldova’s Bright Future in Hospitality and Tourism

The opening of the ibis Styles Chișinău is more than just a hotel opening. It marks an important event in the country’s journey towards better tourism and urban development. With its modern design, great location, and commitment to international standards, the hotel is set to become a major player in Moldova’s hospitality scene.

As Moldova invests in its tourism sector, the ibis Styles hotel reflects the country’s growing attraction for international travelers. The rise in tourist arrivals, increased investments, and ongoing key infrastructure projects suggest a bright future for Moldova’s tourism industry.

This development marks the start of an exciting new chapter for Chișinău and Moldova. It promises more growth, new opportunities, and a friendly atmosphere for visitors from all over the world.

Image Credit: Accor Official Website



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Authorities Order Eviction Of Famed Hotel Nedous In Gulmarg

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Srinagar: Authorities have ordered the eviction of the iconic Hotel Nedous in the tourist resort of Gulmarg here within 24 hours, citing “unauthorised occupation” of government land, officials said on Saturday.

Several Bollywood films and songs have been shot at the hotel located in the famous ski resort in north Kashmir’s Baramulla district. The hotel was reportedly owned by a relative of Jammu and Kashmir Chief Minister Omar Abdullah.

In an order, Gulmarg Development Authority (GDA) Chief Executive Officer Tariq Hussain has directed the assistant director of Tourism, Gulmarg, to take possession of the property within 24 hours.

“It is requested that the possession of Hotel Nedous, Gulmarg, which is presently under unauthorised occupation, be taken over immediately and handed over to the Gulmarg Development Authority (GDA),” the order said.

It said that in compliance with the directions of the Supreme Court, the High Court of Jammu and Kashmir and the Department of Tourism, the assistant directed is requested to evict the “unauthorised occupant” and take over the physical possession of public premises — Hotel Nedous — within 24 hours and handover the possession of the property to the GDA.

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