Tags:

Pubs urged to add bedrooms to keep afloat

Daniel Thomas
Wednesday 11 February 2009 14:12
Young’s Lamb Inn with rooms in Wiltshire: the pub group is already adding more rooms to its estate

Pub operators have been urged to take advantage of the expected rise in domestic tourism by focusing on adding rooms.

With the UK set to see an increase in domestic holidaymakers, the next 12 months could provide the pub sector with the “perfect opportunity” to grow its market share of the lodging market and offset predicted further falls in drinks sales, according to property agent Christie & Co.

The improvement in quality pub food, accelerated by the introduction of the smoking ban, is also having a positive impact on the desirability of opening letting rooms, the report said.

Operators offering high-quality food with competitively-priced accommodation can attract customers who are looking for something with character, rather than what may be perceived as “soulless” national-chain offerings, Christie & Co said.

The addition of letting rooms can also add extra depth to the business and generate significant profit for limited outlay, which is also likely to be reflected in the sale price achieved when the property changes hands, the report added.

Over the last 12 months, a number of pub companies have announced that they are set to increase their capital expenditure on accommodation, including Punch Taverns, Young’s, Fuller Smith & Turner, Daniel Thwaites and Merchant Inns.


Pubs open up bedrooms to boost revenue >>

Young’s to add more bedrooms to pub estate >>

Fuller's sells Bristol hotel for £17.09m >>

Don't rely on food to rescue pub profits >>

Travelodge welcomes Government commitment to UK seaside >>

Weak pound could boost UK tourism >>

 

By Daniel Thomas


E-mail your comments to Daniel Thomas here.


Caterersearch.com jobs

Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

 


 

The Caterer Blog
Catch up with more news and gossip on the Caterer Blog here
Newsletters
For the latest hospitality news, sign up for our e-mail newsletters.

Recommended articles

Articles from the web

 
Profiting from 2012: Case Studies

Slash VAT, Boost business - Sign the petition now!

Latest Video

Foraging – why all the attention?

Using foraged ingredients is nothing new but the trend has become more mainstream over the past two years. However, the wider use of foraged food in restaurants also carries a certain amount of danger.

Watch here

Best of chef

Best of Chef – now available online

Best of Chef – now available online
View it now

Videos

Video: Foraging – why all the attention? Video: Bordeaux Revisited with Ronan Sayburn Claire John Campbell
Foraging:
why all the attention?
Watch the video here
Bordeaux Revisited
with Ronan Sayburn
Watch the video here
Claire Clark
masterclass
Watch the video here
Interview with John Campbell
at Coworth Park
Watch the video here