Trinity will provide a diverse, yet niche range of services tailored to the hospitality sector built upon three core strands: management, ownership and consultancy provision.
Combining over 50 years of industry experience, founders Ruaridh Macdonald and Simon Jackson aim to exploit a gap in the market to offer their expertise to hotels and resorts struggling due to the Covid-19 pandemic. Experts in creating and unlocking value, Trinity Hospitality Group will use its extensive multi-sector and multi-discipline network to support on areas including operations, procurement and business development.
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, while also 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.
“Trinity is agile and effective by design, and our dynamic approach to delivering success will ensure we equip our clients with the insight needed to maximise return for their shareholders and lenders, whilst maintaining a high-quality experience for their guests.”
Both Macdonald, former deputy chief executive of Macdonald Hotels & Resorts, and Jackson, former chief operating officer at Macdonald Hotels & Resorts, have Board level strategic and operational experience running hospitality businesses across the UK, Ireland, Spanish mainland, Canary Islands, Balearic Islands, Portugal, USA & Caribbean.
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.”