UK's richest hoteliers and restaurateurs revealed

19 April 2004 by
UK's richest hoteliers and restaurateurs revealed

Sir Terry Matthews, owner of the Celtic Manor resort in Gwent, Wales, has regained pole position as the wealthiest of Britain's hoteliers and restaurateurs, in this year's Sunday Times Rich List.

Sir Terry is now estimated to be worth £1.1b - even if the majority of his wealth comes from telecommunications rather than hotels.

He lost the top spot last year to hospitality financier Urs Schwarzenbach, owner of the Dolder Grand hotel in Zurich.

This year Matthews is placed 29th in the overall list, while Schwarzenbach is at 35th and is valued at £847m.

Irish entrepreneur Sean Quinn, owner of the Hilton in Prague, makes it into the list at number 39, just ahead of Sir David and Sir Frederick Barclay, who have an interest in London's Ritz hotel and are in 42nd place.

Trevor Hemmings of Leisure Parcs is 46th on the list, and worth £700m, ahead of Mohammed al-Fayed, at 81, and Sir Rocco Forte, at 117th, on £385m.

Former PizzaExpress boss Luke Johnson makes it in for the first time, at 508th and worth £78m, and Philip Kaye of restaurant group Ask Central, at 621, is estimated to be worth £65m.

The UK's wealthiest hoteliers and restaurateurs:

Sir Terry Matthews Celtic Manor, Gwent, £1.1b

Urs Schwarzenbach Dolder Grand, Zurich, £847m

Sean Quinn The Hilton and Ibis Karlin, Prague, £771m

Sir David and Sir Frederick Barclay The Ritz, London, £750m

Tevor Hemmings Leisure Parcs, £700m

Mohamed al-Fayed The Ritz, Paris, £470m

Bernard Lewis The Royal Garden, Eilat, £470m

Sir Rocco Forte Rocco Forte Hotels, £385m

Jasminder Singh Radisson Edwardian, £350m

John Madejski Royal Palm, Galapagos Islands, £305m

Sir Bernard Schreier CP Holdings, £215m

Andrew Brownsword Bath Priory, £190m

Hugh Osmond Capital Management & Investment, £180m

Guy and Julia Hands Hand Picked Hotels, £175m

Sir Peter Michael The Vineyard, Stockcross, £169m

Michael Cannon Fuddruckers, £160m

Robert Earl Planet Hollywood, £120m

David Shamoon Marbella Club, Marbella, £100m

Harpal Matharu Globalgrange, £95m

Peter Harris Bourne Leisure, £91m

Tim Martin JD Wetherspoon, £90m

Surinder Arora Arora International, Heathrow, £90m

Firoz Kassam Heythrop Park, Oxfordshire, £90m

Richard Walduck Imperial London Hotels, £90m

John Cook Bourne Leisure, £85m

John Marston Marston Hotels, £83m

Luke Johnson formerly PizzaExpress, £78m

Lord Daresbury De Vere Hotels, £75m

Sir Terence Conran Conran Restaurants, £75m

Guiseppe Pecorelli Exclusive Hotels, £71m

Tim Ingram Hill Ingram Hotels, £70m

Philip Kaye Ask Central, £65m

Maurice Segal Modern Hotels, £64m

Alex Langsam Britannia Hotels, £62m

Michael Morton Britannia Hotels, £62m

Brian Stein Maxwell's restaurants, £60m

Giles Wontner formerly The Savoy, £60m

Michael Herbert Herbel restaurants, £50m

Bakir Cola Cola Holdings, £49m

Satinder Gulhati Edwardian Hotels, £48m

Ken McCulloch formerly Malmaison, £45m

Tej and Bobby Dhillon Dhillon Hotels £40m

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