Queens Moat Houses
{{Use dmy dates|date=April 2022}}
{{Infobox company
| name = Queens Moat Houses
| logo =
| type =
| industry = Hotels
| fate = Acquired by Goldman Sachs
| predecessor =
| successor =
| founded =
| founder = John Bairstow
| defunct = {{End date|2004|08|02}}
| hq_location_city =
| hq_location_country = Britain
| area_served =
| key_people = {{unbulletedlist|
- David Howell, Non-exec Director
- John Gale, Non-exec Director
- Martin Marcus, Deputy Chairman
- Steve Marshall, Chairman}}
| products =
| owner =
| num_employees =
| num_employees_year =
| parent =
| website =
}}
Queens Moat Houses PLC was a British public limited company engaged primarily in the hotel business.
History
Queens Moat House Hotels was founded in the early 1970s by John Bairstow.{{cite web | url=http://faculty.london.edu/chigson/casestudies/pdfs/QMHI.pdf | title=The Failure of Queens Moat House I | publisher=London Business School | date=11 February 1997}} By 1991, the company was the third largest hotelier in the United Kingdom, after Forte Group and Mount
Charlotte. On 31 March 1993, trading in its shares was suspended after an accounting scandal.{{cite web | url=https://www.telegraph.co.uk/finance/2888303/Queens-Moat-directors-corrupted-by-cleverness.html | title=Queens Moat directors 'corrupted by cleverness' | first=Alistair | last=Osborne | publisher=The Daily Telegraph | date=19 June 2004}}{{cite web | url=https://www.thecaterer.com/articles/353177/eleven-qmh-hotels-acquired-by-marathon-asset-management | title=Eleven QMH hotels acquired by Marathon Asset Management | first=Janet | last=Harmer | publisher=The Caterer | date=August 8, 2014}} The company was subsequently investigated under Section 432(2) of the Companies Act 1985. In 1997, the company sold 25 hotels.{{cite web | url=https://www.independent.co.uk/news/business/queens-moat-sells-25-hotels-1278104.html | title=Queens Moat sells 25 hotels | publisher=The Independent | date=11 February 1997}} The company was bought by Goldman Sachs in August 2005 and renamed QMH Limited.{{cite web | url=https://www.telegraph.co.uk/finance/2891670/Takeover-gives-Queens-Moat-holders-1p-a-share.html | title=Takeover gives Queens Moat holders 1p a share | first=Alistair | last=Osborne | publisher=The Daily Telegraph | date=3 August 2004}} In October 2005, 9 hotels were sold for approximately £100m.{{cite web | url=http://www.propertyweek.com/news/nine-queens-moat-houses-hotels-sell-for-%C2%A3100m/3057421.article | title=Nine Queens Moat Houses hotels sell for £100m | first=Laura | last=Chesters | publisher=Property Week | date=7 October 2005}}{{subscription required}} In February 2013, 20 German hotels were sold to Fattal Hotels, an Israeli company. In 2014, 11 hotels were sold to Marathon Asset Management.