Mandarin's grip on Ritz loosens

01 January 2000
Mandarin's grip on Ritz loosens

Mandarin Oriental, the Hong Kong-based operator of London's Ritz hotel, could lose its management contract on the five-star property.

Industry sources this week suggested that the reclusive Barclay brothers, who two weeks ago paid £75m for the 130-bedroom property, had decided to take direct control, as with their other London hotel, the Howard.

It is not known whether Brian Williams, who took over as general manager for Mandarin 18 months ago, would be retained by the Barclays. Mr Williams said Mandarin was "still in discussions with the new owners".

It is understood the Barclays are planning a substantial refurbishment of the Ritz, which could cost at least £70m.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking