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

Eton Collection founder Peter Tyrie to set up new hotel venture

20 November 2009 by
Eton Collection founder Peter Tyrie to set up new hotel venture

Peter Tyrie is looking to set up a new hotel venture in 2010 following his departure as managing director from the Eton Collection of luxury hotels.

Having founded the Eton Collection in 1999, Tyrie sold the business in 2007 for £70m to JJW Hotels & Resorts, owned by Mohamed Bin Issa Al Jaber. "I stayed on for two years after selling the company to help integrate the hotels into the new business and now I'm ready to move on," he told Caterer as he attended the 21st European Hotel Investment Conference at the Dorchester hotel, London, on Wednesday.

Tyrie says he is proud of having been one of the first hoteliers to build a small UK boutique group at the luxury end of the market. Regarding the future, he believes this will depend on opportunity.

"This is more likely to be a buy-into or buy-out of an existing opportunity, rather than a start-up which I have now done three times and is extremely hard, particularly in the type of market we are currently in," he says. "It most definitely will be city centre, possibly international and at the top end of the market."

A replacement has not yet been appointed to replace Tyrie. "We will probably not have an announcement about the position for a couple of months," said Andrea King, director group corporate communications of MBI International & Partners, the parent company of JJW Hotels & Resorts.

The Eton Collection operates seven of luxury boutique-style hotels in the UK: the Academy, the Colonnade and Threadneedles hotel in London; 42 The Calls and Quebec in Leeds; and the Glasshouse and the Scotsman in Edinburgh. The Berners hotel, off Oxford Street, London, which is currently closed and undergoing refurbishment, may be the eighth hotel to join the Eton Collection upon its reopening in 2010.

Besides The Eton Collection, JJW Hotels & Resorts operates a total of 75 hotels throughout Austria, France, Portugal, Switzerland and Egypt.

JJW buys The Eton Collection >>

Eton Collection keeps rates firm as bookings fall >>

Peter Tyrie profile >> By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

Blogs on Caterersearch.com](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
TagsHotels and Careers
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