I was last night invited by Gregor Ritchie the joint managing director of Hilwood Resorts & Hotels to a dinner with his team and other members of the local business community at the Grand Hotel. His group acquired the Hotel from De Vere's earlier on this year and are now setting about carrying out a £15 million refit.
Mr. Ritchie gave us a whistle stop tour of the plans, which I have to say were breathtaking and shows a real confidence in the future of the Jersey economy.
In the past we have experienced overseas investors who have ignored local suppliers due to a policy of centralised purchasing, however Mr. Ritchie is keen to use local suppliers where appropriate, a refreshing change. This is of course fantastic as it will keep money in the local economy at a time when we are all being asked to pay more in taxes.
We are really priviledged on Jersey that a number of entrpreneurs have shown a willingness to make some major investments in the Island in recent times. The Atlantic Hotel, Hotel de France and The Club and Spa have all helped to raise the bar.
Isn't it great that Mr. Ritchie and his team wants the Grand to once again join this illustrious list as he seeks it to become a 5 star hotel. What it also means is that the local suppliers will also need to raise their bars to justify his support.
I for one can't wait
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