GJC

Case Study: Transforming a Southwest Holiday Park A struggling UK Holiday Park, based in the holiday haven of the Southwest, was facing intense competition in the UK hospitality market. Despite its picturesque location and charming amenities, the park was struggling to attract guests, good employees and maintain its profitability. After reaching out to us GJC, we implemented an outsourced management team to steer hotel revenue. Addressing key challenges, we implemented a comprehensive strategy focused on improving efficiency, increasing revenue, and enhancing the overall guest experience. Key results: ✔️ Streamlined operations: Reduced overhead costs and improved guest experience. ✔️ Financial headroom: Breathing space delivered with better cost management and revenue growth ✔️Data-driven decisions: Optimised pricing, staffing, and marketing. ✔️Increased revenue: Significantly boosted direct bookings and profitability. ✔️Engaging website: Enhanced user experience and encouraged direct bookings. Want to learn more? Read our full case study here ➡️https://lnkd.in/enw7BujS

New Financial Audit Requirements for Smaller ITPs The August 2024 edition of ESFA financial regulations introduces a significant change for smaller Independent Training Providers (ITPs). Providers accessing over £1 million in ESFA funding per year must now submit audited financial statements, regardless of previous exemptions. What does this mean for your ITP? ⏹️ Understanding the Audit Process: Familiarise yourself with the expectations and requirements of an annual financial audit. ⏹️Strengthening Your Team: Ensure your financial team has the expertise and resources to handle the audit process. ⏹️Reviewing Your Accountancy Arrangements: Evaluate if your current accountancy practices align with the new audit requirements. ⏹️Establishing Internal Controls: Implement robust internal controls to safeguard your financial information. ⏹️Preparing Projections: Demonstrate your ITP's financial viability and going concern status. Need expert guidance? Martin Ridgeway, our qualified accountant, shares his 5 top steps to prepare for an incoming audit.  https://lnkd.in/e8_z5jk2

September was a busy month for the #hospitality industry, and it seems we are hurtling towards the festive period. Quick recap of some of the months developments; ⭐ The 2024 MICHELIN Guide hotel selection was announced, recognising top-tier accommodations across Great Britain and Ireland. ⭐ New laws in Wales offer hope for lower business rates for hospitality businesses. ⭐ TGI Fridays announced plans to close 35 sites. ⭐ The Bank of England's decision to maintain rates highlights the urgent need for business rates reform. ⭐Martyns Law gathered pace with parliament. ⭐ Royal Penthouse suite at the President Wilson Hotel named as the most expensive hotel suite. Looking ahead, we're excited to be at the Independent Hotel Show in London on October 15-16 see you there

We are thrilled to announce the launch of GJC Hospitality, our dedicated service line focused on serving the unique needs of the hospitality sector. The hospitality industry has faced unprecedented challenges in recent years, and our team of experts have lived through the industrys highs and lows. Using their experience, knowledge and expertise we have decided the time is right to launch a dedicated service offering of its own. GJC Hospitality offers a suite of services designed to address the specific challenges and opportunities facing hotels, resorts, restaurants, and other hospitality businesses. These services include; strategic planning and feasibility studies, operational optimisation financial advisory and revenue management. We have seen significant success stories with our recent hospitality clients, and we’re passionate about helping more businesses through these difficult times and bring about more favourable results and outcomes. Check out our new service line https://lnkd.in/eT8ptqfm #hospitality #hospitalitygrowth #hospitalityexperts Gavin Jones Andy Dempster Laura Di Bonaventura Martin Ridgeway Rebecca Coonan Sian Jones

Another interest rate hold from the Bank of England. I know many of my clients in the hospitality sector were hoping for a rate decrease today. While it isn't the news we were looking for, it is positive that M&A activity is still strong, showing that investors do see the long-term potential of the industry. Everyone's eyes are now on the Autumn Budget. We need some support in the industry. For anyone that is struggling there's lots of accessible help out there; ✅ Many hospitality businesses are unaware of the free to access (or heavily subsidised) programs, grants, and expert support platforms that are potentially available to them to support their business growth.  ✅ "Future-proof” your hospitality businesses is to ensure that your employees have access to suitable training and well-being materials. Hold on to those good staff and invest in them. ✅ Enhancing the online presence of a hospitality business can now be the difference between surviving and thriving And if we can help with any of the above get in touch GJC Andy Dempster Laura Di Bonaventura Martin Ridgeway https://lnkd.in/eHusmJuA

With summer over, here's a quick round up of Augusts news and stats from the #hospitality industry ⭐ The proposed outdoor smoking ban entered the conversation ⭐ Investment in service apartments is on the rise, with investors seeking more opportunity across Europe. ⭐ BoE base rate cut to 5%, with further cuts potentially on the horizon ⭐ Portfolio deals storming the M&A market in H2 ⭐ August protests impacted the hospitality industry with nearly 10% drop in revenue as many avoided city centres ⭐ The oldest hotel confirmed by the guiness book of records is the Nishiyama Onsen Keiunkan, founded in 705 AD in Japan 🏯 Hotel owners who are looking at making the most of a boyant M&A market, now is the time to have those exit / disposal discussions. #hotelmarketing #hospitalityinvestment #hospitalityindustry

Breaking News! Registration for Independent Hotel Show London 2024, in partnership with James Hallam Limited, is open! Calling all hoteliers and designers! Get ready for an unforgettable experience that will transform your business. The Independent Hotel Show London is back, and registration is now LIVE 🎉 📅 Mark your calendars: 15-16 October 📍 Location: Olympia London Why should you attend #IHS24? Here are just a few irresistible reasons: ✨ Ignite your creativity: Immerse yourself in the latest industry trends and innovations that will take your hotel to new heights. 🤝 Network like a pro: Rub shoulders with industry experts, renowned suppliers, and fellow hoteliers who share your passion for excellence. 🎓 Seminars and workshops: Enhance your skills and gain insider knowledge from industry pioneers and experts to drive success in every aspect of your hotel operations. 💥 Exclusive exhibitors: Discover a diverse array of cutting-edge products and services that will revolutionise your guest experience and elevate your hotel's reputation. Register for your free ticket today https://lnkd.in/e6RV73Vt Huge thank you to our wonderful models for joining in! Kalindi Juneja FIH Peter Hancock Dean Culpan Robert Richardson, FIH MI, Zoe Monk, Petra Clayton, Nick Maddox, Nicola Macdonald, Lexi Seager, Christopher Rowland, Sophie Wright, Annabel Stalley, Lucy Dale #IndependentHotelShow #Hoteliers #HospitalityEvent #RegistrationOpen #LondonEvents #HotelIndustry #Networking #Innovation Glenn Wallace MIH, Bert Gibberson MIH, Piotr Wojcik (皮特·沃西克) MIH, Rachel McBride, Nicola Macdonald, Louisa Parsons, Jessica Miles, Craig Moyes, Lexi Seager, Phoebe Dunn

Quick round up of Julys news and stats from the hospitality industry ⭐ Hospitality insolvencies see a 20% in H1. ⭐ Labour has eluded to removing zero contract hours and increasing min wage policies. ⭐ Mergers & Acquistions up by 35% with activity worth £3.1bn. Seems to be lots of activity in the market with increased exits. ⭐ 135 year old gold club acquired in Nottingham. Keeping its legacy and saving 20 jobs. ⭐ Construction with in the industry is on the rise with Glenigans predicting 14% increase in asset developments happening in H2. ⭐ Online hotel bookings celebrate 30 years in action. Travelweb.com set up in 1994, and was the first online catalogue of hotels with the ability to reserve rooms. Interestingly July 2024 saw more rooms being booked from customers phones than from desktop for the first time. #hotelmarketing #hospitalityinvestment #hospitalityindustry

Are you ready to transform your Business? At GJC our recent consultancy work over spanned the past 18 months with the fantastic family owners of a renowned Holiday Park on the South Coast has led to some remarkable achievements: I'm inspired by the progress we've made. Mentorship and strategic consultancy have made a tangible impact: - Developed Company Core Values - Revolutionised Marketing Strategy - Redefined Ways of Working - Professionalised ownership meetings - Stronger Governance with formal Board Meetings - Optimised business Company structure - Implemented a succession plan for Directors - Supported the hiring & development of the Senior Exec Team - Revamped the Food & Beverage strategy The results speak for themselves: - Directors are now less hands-on, - They're focusing on strategic growth. - The senior exec team is stronger - more effective. - Our F&B strategy is driving customer satisfaction and revenue. - Housekeeping & cleaning costs drastically reduced Each step has been a testament to the power of thoughtful leadership and strategic planning. By mentoring and guiding our clients through these transformative changes, we’ve not only strengthened their operations but also ensured their legacy for years to come. Are you ready to take your business to the next level? Let’s start a conversation about how we can make it happen. Are you ready to transform your business? #Leadership #Mentorship #BusinessGrowth #Hospitality

Thinking about selling your hotel? Want our top tips for a successful exit? Download our guide today 👉 https://lnkd.in/eVP9i92W #HotelInvestment #ExitStrategy #ProfitableExit #HotelOwnersGuide