Since the company was founded in 1992 we have undergone considerable expansion and now own and operate 17 quality three and four star hotels, and two luxury timeshare developments; at the Menzies Welcombe Hotel Spa & Golf Club, Stratford upon Avon and the Menzies Carlton Hotel, Bournemouth. A good hotel relies on every member of its staff and I know from the completed guest questionnaires which are returned, just how much their contribution is appreciated by our guests. Whether travelling on business or leisure I do hope that we will have the opportunity of welcoming you to one of our hotels in the near future. The hotel portfolio currently provides over 1700 bedrooms and suites, a comprehensive range of quality restaurants and bars, extensive conference and private dining facilities, eight health and fitness clubs, a luxury spa and two championship golf courses. Our most recent acquisition of eight former Thistle properties provides us with the ideal opportunity to continue to grow and develop our portfolio of hotels. The hotels are in prime locations where we currently have no representation therefore substantially improving our geographical spread across the UK.