Category: News

The 2015 Travellers Choice Awards recently revealed that UK hotels and bed and breakfasts are among the best in the world, according to ratings from guests. The results are calculated from the millions of reviews that are left on the travel website TripAdvisor every year. Continue reading “UK hotels and B&Bs top the TripAdvisor awards list”

The hospitality sector is thriving, and revenues and earnings are up throughout the UK. As a result of this, there are many lenders in the market. There has been an unprecedented amount of funding made available for all manner of hospitality projects, with bed and breakfasts accounting for a large proportion. Continue reading “Lenders are attracted to the B&B financing landscape”

Owning and running a guest house or bed and breakfast is a goal that many aspire to, particularly those who have been employed in the hospitality and accommodation sector. Whilst a background in the industry isn’t essential, it can greatly boost your potential for success. In our experience, those who started off with an entry level position at a guest house frequently go on to become successful owners and operators themselves, for they have gained first hand knowledge of what does and does not work in the business. We are always happy to assist such individuals with our services and help them take the correct steps towards owning and running their own successful business. Continue reading “Making the leap from employee to business owner”

As well as assisting you with obtaining your initial funding, we can also offer support and accountancy services as you progress in your business. When running a guest house, pub, B&B or any other kind of hospitality business, there are many important factors to consider, and one of the most important things to think about is tax, particularly VAT. Continue reading “Do you need to register your B&B or hotel for VAT?”

Everyone will no doubt be familiar with the expression “if at first you don’t succeed, try and try again”. There is a reason why this is such a famous saying: it happens to be true. If people over history had simply given up due to a lack of success on their first attempt, we’d have missed out on some of the world’s most important inventions and cultural milestones, from lightbulbs to the Beatles. Continue reading “Reaching for success in a fertile market”

Many different businesses from many different sectors have been adversely affected by being mis-sold fixed interest rate loans, including leisure and hospitality businesses. As we focus on all aspects of hotel, bed and breakfast and guest house finance, we are on hand to help these businesses resolve these issues and stabilise their finances, helping them to have the best chance of thriving even under challenging conditions. Continue reading “Were you mis-sold a fixed interest rate loan?”

Pubs have existed in some form at least since Roman times. The pub is very much a British tradition, and is beloved in towns and villages across the country as a place where we can all relax and grab a drink and a bite to eat. Local pubs help to foster close communities, and for many people, it’s a lifelong dream to own one. Of course, to make that dream into a reality, you’ll need the right kind of financing. with our team working alongside you, you can optimise your chances of securing the funding you need. Continue reading “The new revival in pub businesses”

One of the most important things when establishing a hotel is the brand name, as a strong brand will prove to be a great asset in the long run. Your brand should say something about what you are offering and entice guests to want to stay with you. It must set you apart from the crowd and show that you are unique and capable of meeting the needs of your clients. Continue reading “The importance of branding your hotel”

Guest houses are present throughout every region of the UK, offering safety and comfort for travellers. Many people love the idea of opening their own guest house to keep themselves busy and to make a solid income. At Stewart Hindley, we specialise in B&B, guest house and hotel finance, and we can help you to find the funding you need to set up and operate your own guest house. Continue reading “Live out your dreams and open your own guest house”

Taking out a mortgage to open a B&B is a good way to finance your business. Funds can be obtained based on the value of your property and its assets, as well as the strength of your business plan. You can then make the repayments with the monthly revenue you earn, allowing you to repay the debts over time. Many B&B mortgages even allow you to reduce your payments in the off-season to account for the potential for a fall in occupancy. Continue reading “Supporting you with your B&B financing”