Stakis Hotels Explained

Stakis Hotels was a hotel chain in the United Kingdom led by Sir Reo Stakis, headquartered in Glasgow.

History

The company was founded by Reo Stakis in the 1930s.[1] It was sold to Hilton Group in 2000 for £1.2 billion.[1] Following the sale, many of the Stakis top personnel were retained by Hilton and took some of the senior positions within the company including Sir David Michels the then CEO of Stakis, who went on to become Chief Executive of Hilton Group.[2]

Notes and References

  1. Web site: Reo Stakis. The Guardian. 29 August 2001. 5 August 2018.
  2. Web site: The team. Michels & Taylor. 5 August 2018.