Peel Hotels plc is a hotel

Hotel

A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...

 company operating in the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

. It operates eight hotels and is listed on the AIM

Alternative Investment Market

AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

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The company was founded in 1998 by Robert Peel, when he bought the Bull Hotel in Peterborough

Peterborough

Peterborough is a cathedral city and unitary authority area in the East of England, with an estimated population of in June 2007. For ceremonial purposes it is in the county of Cambridgeshire. Situated north of London, the city stands on the River Nene which flows into the North Sea...

. Since that date, the company has acquired other notable hotels, such as the famous Midland

Midland Hotel, Bradford

The Midland Hotel is a 90-bedroom three-star Victorian hotel in Bradford City Centre, owned and managed by London-based Peel Hotels.The architect was Charles Trubshaw, who was contracted to design many stations for Midland Railway Company...

 Railway Hotel in Bradford

Bradford

Bradford lies at the heart of the City of Bradford, a metropolitan borough of West Yorkshire, in Northern England. It is situated in the foothills of the Pennines, west of Leeds, and northwest of Wakefield. Bradford became a municipal borough in 1847, and received its charter as a city in 1897...

, and the King Malcolm Hotel in Dunfermline

Dunfermline

Dunfermline is a town and former Royal Burgh in Fife, Scotland, on high ground from the northern shore of the Firth of Forth. According to a 2008 estimate, Dunfermline has a population of 46,430, making it the second-biggest settlement in Fife. Part of the town's name comes from the Gaelic word...

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Recently the company has demised a 25 year lease

Lease

A lease is a contractual arrangement calling for the lessee to pay the lessor for use of an asset. A rental agreement is a lease in which the asset is tangible property...

 to Clermont Leisure, owners of the prestigious Clermont Club casino

Casino

In modern English, a casino is a facility which houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships or other tourist attractions...

 in London, to open a casino in the basement of the Midland Hotel

Midland Hotel, Bradford

The Midland Hotel is a 90-bedroom three-star Victorian hotel in Bradford City Centre, owned and managed by London-based Peel Hotels.The architect was Charles Trubshaw, who was contracted to design many stations for Midland Railway Company...

, taking advantage of the Gambling Act 2005 permitting new casino-hotels. The new hotel will be called the Guoman Club and will be the third casino in the city, which will effectively join the new Westfield Shopping Centre being built adjacent to the hotel. This lease, together with the recent disposal of land to the north of the Midland site to developers and the disposal of the Avon Gorge Hotel in Bristol

Bristol

Bristol is a city, unitary authority area and ceremonial county in South West England, with an estimated population of 433,100 for the unitary authority in 2009, and a surrounding Larger Urban Zone with an estimated 1,070,000 residents in 2007...

, has left the hotel group debt-free.