Video interview with Robert Peel12 Mar 2015 08:53
http://tinyurl.com/ncsxfqe
Robert Peel, the founder and executive chairman of Peel Hotels (LON:PHO), says he is eager to paying down the hotels group’s debt, which he believes will trigger an uptick from the share price.
Speaking exclusively to Proactive Investors, Peel, who owns 39% of the shares, says he is open to a sale of the hotel chain, called it a ‘great company for some young, up-and-coming entrepreneur to take over’. When the next set of results are out, he hopes the company will be ‘back on the dividend list’.