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Published on Sunday, April 15, 2018

Best Western Great Britain outlines investment plans




Brexit uncertainty is not hindering continued investment by UK hoteliers, according to Best Western Great Britain.

The franchise chain said its members plan to invest £70 million in their hotels this year and another £28 million in 2019.

A total of £214 million has been spent across its member hotels since 2015.

"These figures are particularly significant given the backdrop of market uncertainty since the 2016 Brexit referendum," it said.

When members were asked about the impact of Brexit, Best Western found 98.8% said they were not concerned and were continuing to invest in improving their properties.

Chief executive Rob Paterson said: "The figures are a strong signal to guests and the industry that Best Western continues to invest for the future and change for the better.

"What is encouraging for guests and investors is that the planned level of investment for 2019 remains high and will increase further. We are proud to champion independent hotels in Great Britain and have plans to make our membership model more attractive, accelerating our growth for guests in the next few years."
 

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