Chardon Management and Starwood Capital Group part company

By Emma Eversham

- Last updated on GMT

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Chardon Managment managing director Robert Crook announced his company will no longer operate four Holiday Inns owned by Starwood Capital Group from December
Chardon Managment managing director Robert Crook announced his company will no longer operate four Holiday Inns owned by Starwood Capital Group from December
Hotel operator Chardon Capital has announced it is to end its relationship with Starwood Capital Group meaning it will stop operating Holiday Inns in Brighton, Leeds, Norwich and East Kilbride by December. 

The company, led by Robert Crook, has run the four hotels for Starwood Capital Group for the past seven years. A lack of investment into the hotels by its owners, which Crook said his company regarded as 'key' was the reason behind the move. 

Crook said: “Having originally entered into a five year arrangement, which was extended subsequently by a further three years, the conclusion of our relationship with Starwood Capital follows several months of discussions about the on-going management of the hotels. 

“These discussions were set against a background of a perceived requirement for investment which we regard as key, given the intensely competitive markets within which these hotels operate in this challenging economic environment.”

Chardon, recently appointed to manage the former Barcelo UK hotels in the UK after they were taken over by Puma Hotels' Collectio​n, will open three new hotels over the next three months - in Windsor, Southend and Sittingbourne. It currently operates 35 hotels and seven health and fitness clubs.

Related topics: Business, Hotels, Venues

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