Macdonald Hotels Ltd has announced that David Guile has decided to step down from his position as chief executive after 6 years in the position and 13 years of dedicated and loyal service with the company.

During David’s time as chief executive the financial performance of the company improved year on year despite the difficult economic conditions. In addition, the company was awarded the AA hotel group of the year in 2008 and in 2014, all underpinned by a passionate approach to people, quality and service.

David Guile said,

“My decision to leave the company has been the toughest decision in my career particularly as Macdonald Hotels has been a huge part of my life over the last 13 years, but I feel the time is right to move on and pursue other interests. I have been privileged to lead a fantastic team of people to success and I would like to thank them for their support and contribution in developing Macdonald Hotels into the leading quality brand that it is today.

“Following the recent refinancing with Lloyds Banking Group and our continued positive trading performance, the company is well placed for its next phase of development and I wish all involved with the company every success for the future”.

Donald Macdonald, executive chairman, said:

“I would like to thank David both as a friend and colleague and on behalf of the company for his substantial contribution over 13 years with the company. David has built and led a talented team of executives and I look forward to continue helping them realise their potential and taking the company to even greater success in the future. It has been a privilege to work with David and I wish him every success in his future career.

“Following David’s decision to leave the company I have decided against appointing a direct replacement at this time and I will assume the role of chief executive for the time being. I am pleased that David has agreed to remain with the business for a short handover period.

“At the time of our result’s announcement in December last year, I said that our company has never been better placed in terms of its people, its product and its financial stability and that statement is strengthening each week that passes.”