Securing Business Finance In The Growing Hospitality And Accommodation Sector

Stewart Hindley & Partners LLP : ( PRnob.com Press Release ) 08, July 2015, UK : have observed that the forecasts for growth in the UK hospitality sector during 2015 have proved correct. The number of people making enquiries for booking at Bed & Breakfasts, Guest Houses and privately owned Hotels in the country has increased by close to 66%, and room occupancy rates are averaging at just over 80% nationwide. The hospitality and accommodation market is at the present time both a healthy and attractive one to investors and business owners.

As attractive and successful as the accommodation industry in the United Kingdom is at present, raising the necessary financing or refinancing in order to own and operate a successful guest house or hotel can be quite a challenge. Stewart Hindley & Partners LLP are the leading professionals for securing loans and financing for hospitality industry based businesses.

The hospitality and accommodation industry has unique characteristics in terms of how they operate and what the cash flow pattern is with them. Whilst clearly successful, they neither operate nor succeed in the ways generally associated with other businesses. As one might reasonably expect or assume, revenue streams for Bed & Breakfasts and Guest Houses can be highly seasonal in nature. With revenue being lower - in some cases non-existent - during off-peak seasons, business owners need to carefully manage and plan sustainability on the basis of higher revenue during peak times. This needs to be applied to debt servicing, loan structures and mortgage repayments. In some instances interest only payments can be agreed over the low season.

Banks and lenders want to make loans to businesses which operate in a clearly successful market to limit their risk. In order to do so they understandably require a clear business plan which shows that repayments will be honoured. It is for this that many come to Stewart Hindley. They have a successful, proven track record for developing business recovery and business sustainability plans. Stewart Hindley works in partnership with prospective and existing Guest House owners to present lenders an assured and sustainable business plan and model which provides the assurances of debt servicing they require even on a seasonal basis.

Stewart Hindley & Partners LLP have a proven track record of success in providing business planning and securing finance for both people looking to purchase a new Bed & Breakfast business and to existing Guest Houses that required a business recovery strategy. Their extensive experience in and knowledge of the hospitality and accommodation industry puts them at the forefront of securing the financing required for success.

The popularity of Bed & Breakfasts, Guest Houses and privately owned Hotels for accommodation in the UK is at a high level and continues to grow, year-on-year. Businesses operating in the sector need access to finance and refinancing in order to secure success. Stewart Hindley & Partners LLP are the established, trusted name known for obtaining the best results possible for Guest House, Hotel and Bed & Breakfast financing.