Sunday, June 16, 2024
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HomeNewsBusiness NewsTrinity Hospitality Group launched by Rhuaridh Macdonald and Simon Jackson

Trinity Hospitality Group launched by Rhuaridh Macdonald and Simon Jackson

Ruaridh Macdonald and Simon Jackson, have announced the launch of Trinity Hospitality Group. A new business aimed at providing a range of services tailored to the hospitality sector.

Founders Ruaridh Macdonald, former chief executive of Macdonald Hotels & Resorts and Simon Jackson former chief operating officer at Macdonald, who have a combined industry experience of 50 years, aim to offer their expertise to hotels and resorts struggling due to the Covid-19 pandemic.

Headquartered in the UK and covering the mainland, Ireland and other key European locations, Trinity Hospitality Group aims to deliver performance-driven management contracts and develop owner-operator relationships, using its extensive multi-sector and multi-discipline network to support on areas including operations, procurement and business development. It is also planning on building its own portfolio of quality assets.

Trinity is currently in detailed discussions with various resort operators, investment funds and a major high-street bank. The company expects to announce its first management contract and consultancy deal in Q1 2021 with Trinity’s first acquisition expected later in the year.

Ruaridh Macdonald, co-founder of Trinity Hospitality Group, said, “Together we have a unique blend of hotel and resort operations, finance expertise and technical investment knowledge, enabling us to provide a broad spectrum of advice and support to hotel and resort owners, as well as operators, investors, developers, financiers and loan servicers.

“We launched Trinity Hospitality Group in response to the growing need for nimble business support in the industry, helping our clients avoid the often lengthy, conventional processes while providing operational continuity in the interim.

“Our value creation proposition ranges from acquisition (asset selection, due diligence and maximising development opportunities) and funding (partnerships and JVs), to design and refurbishment planning.

Co-founder Simon Jackson added: “We’re starting this journey at a crucial time for the industry, and we see this as a great opportunity to help hospitality businesses across the sector enhance their offering and build more purposeful relationships.

“By delivering tailored solutions to those struggling in these difficult times, we hope to drive profitability for our clients and ensure these businesses are robust and well-positioned for the future.”

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