The Murrell family are delighted to announce the sale of TLH Leisure Resort in Torquay to the management team of Jason Garside, John Finnegan and Ian Piercy.
TLH was founded in 1947 when the Murrell family opened the Derwent Hotel as a 28-bedroom guesthouse. In 2000, the company adopted the name TLH Leisure Resort to reflect the fact it had grown and developed into four hotels – The Derwent, Victoria, Toorak and Carlton, plus the Aztec Spa, Gym and Pool and a wealth of other entertainment and leisure facilities – all on one site.
The deal sees the management team acquiring a majority stake, with the retiring owner, Laurence Murrell, retaining equity in the business, but no longer having an active role.
Managing Director, Laurence Murrell said ‘I am hugely proud of what has been achieved by TLH Leisure Resort in the last 71 years. We have grown to be an award-winning resort, nationally recognised, and known for giving excellent value. Great people have always been key to the success of TLH and I am confident that the new management will continue to build a strong team and to inject a new sense of vitality and spirit into the business.
Jason Garside, one of the new managers and shareholders said ‘We recognise the importance of working closely with our staff, customers and suppliers to ensure a smooth transition whilst continuing to deliver the highest level of customer service for which we are known so well. We want to bring new energy and enthusiasm to enable the business, which we love so much, to move forward to meet the challenges of the ever-changing hospitality sector.
I've worked at TLH for longer than I care to dwell on but have seen so many changes it's been like working for 3 or 4 different companies! I am now in Marketing and am involved in spreading the word about how great TLH is!