JIM GORDON
Managing Director and Founding Director
A Chartered Accountant with over 20 years post qualification experience.
Prior to joining the hotel industry in 2001, Jim occupied a number of senior positions in construction and manufacturing including two stints working in turnaround situations for 3i investments in the printing industry.
Jim joined Macdonald Hotels in 2001 as Contracts and Cost Control Director and subsequently assumed responsibility for the procurement function in March 2002. With the backing of the Macdonald Board, Jim delivered an outsourced procurement solution for Macdonald Hotels & Resorts that delivered incremental savings of £3.2m per annum by the end of 2003. In 2003, Jim was appointed Finance Director of the hotels’ division and took an equity stake in Macdonald Hotels & Resorts as part of the MBO transaction.
In 2004, Jim was promoted to the Macdonald Hotels & Resorts Board as Commercial Director.
In 2005, Jim co-founded Legacy Hotels & Resorts as a dedicated full service management company focused on the un-branded, 3 & 4 star hotel sectors with hotels throughout the UK & Southern Spain.
In September 2012, Legacy Hotels & Resorts created Branded Hotel Management (BHM) originally in a joint venture with Longrose Buccleuch which contributes to today’s consolidated portfolio of 2241 guestrooms with a turnover for 2015 forecast at a little in excess of £62 million (January 2015).
Often Jim supports the recovery and turnaround of assets by supporting its various stakeholders through the advisory business Jim co-owns, Hospitality Ventures Ltd (HVL) – often with review, monitoring and leadership responsibilities.
Jim became a director of Vesta Equity Partners which was formed in late 2014 in a joint venture between HVL and Harbridge Capital Ltd to specifically target the funding, acquisition and development of three and four star regional UK hotel assets – unbranded, branded or brandable.