Macdonald Hotels Chief Executive David Guile is leaving the Group after six years in the top job.
During his tenure as CEO the business has gone from strength to strength despite the difficult recession period, increasing financial performance year on year.
This year the hotel group was awarded the title of AA Hotel Group of the Year having formerly won the title on 2008.
Guile comments: “My decision to leave the company has been the toughest decision in my career particularly as Macdonald Hotels has been a huge part of my life over the last 13 years. But I feel the time is right to move on and pursue other interests.
“Following the recent refinancing with Lloyds Banking Group and our continued positive trading performance, the company is well placed for its next phase of development and I wish all involved with the company every success for the future,” he added.
Donald Macdonald, executive chairman of the group, says: “I would like to thank David both as a friend and colleague and on behalf of the company for his substantial contribution over 13 years with the company.
“David has built and led a talented team of executives and I look forward to continue helping them realise their potential and taking the company to even greater success in the future. It has been a privilege to work with David and I wish him every success in his future career.
““At the time of our result’s announcement in December last year, I said that our company has never been better placed in terms of its people, its product and its financial stability and that statement is strengthening each week that passes.”
Macdonald says he has decided against appointing a direct replacement at this time and will himself assume the role of Chief Executive for the time being. Guile will leave the group after a short handover period.
Guile brought a wealth of experience with him to Macdonald have strted his career in 1985 as a trainee manager for Forte at the Crest Hotel at Gatwick.
He became general manager at Forte Posthouse’s flagship hotel in Hemel Hempstead and subsequently moved to the 65-strong Heritage Hotels.
In 2000 Macdonald Hotels suggested Guile take on the mantle of regional managing director for the South of England and he was promoted to deputy chief executive in 2006 and joined the group’s main board three months later.
He became chief executive of Macdonald Hotels in 2008.