Lederer said he envisions an advanced management program where business leaders can attend two-to-three day seminars or a longer, five-week advanced management program. Gleneagles has also contacted the Kellogg Graduate School of Management at Northwestern, the Wharton School at the University of Pennsylvania, the Stanford Business School and the University of Michigan Business School.
"We'd like to conclude negotiations with a school in two to three months, then start construction by September and be in full operation by September or October of 2001," Lederer said. The hotel plans to construct a new building for the project that would house an auditorium and 60 bedrooms.
The Herald pinned the price of a course at the proposed school at £6,000 per week.
Aisner has written a letter to the editor of The Herald to provide HBS's account of the story. Fraser said he is not sure if the letter will be published.
Andrew S. Holbrook contributed to the reporting of this article.