Hotel Owner Hotel Owner May 2017 digital | Page 26

COMPANY Q&A | JURYS INN in the hotels that are more leisure orientated. We expect that to continue. Do you have any further hotels in the pipeline? Nothing that I could say to you right now that we are ready to announce, but yes there are a number of discussions taking place about potential sites in cities where we are not really represented today. What criteria do you consider when looking at new locations? To be in the heart of the city is important to us, so secondary locations just off motorway networks and so on isn’t really where we want to be. We want to be in the city centre and close to travel links. We want locations that are buoyant in BRADFORD GYM terms of hotel activity, and we would be we will see in 2017 and beyond is those as an M&E orientated hotel group as well looking at the revenue per available room hotels reaching a mature level of trading. as an accommodation provider. Moving (RevPAR) of a city, supply and demand When we brought the hotels over we really forward I would expect us to be recognised and also the future implications of that. increased our meeting and event capacity as an employer of choice, that we can keep Also from an employment point of view as a group, and our space actually grew receiving numerous industry awards, that we want a city where we can find the right by 60% as a consequence of transitioning we are able to demonstrate a high level of level of employees to work in the property these hotels over - we are now a significant internal progress and most importantly that and somewhere that also adds value to player in the M&E market. I fully expect that we are proving a return on investment for the brand. in five years time we will be recognised our shareholders. Jurys Inn has a property in the Czech Republic, is that a hint that the company would expand overseas? I think it probably is a bit more of a one-off by nature. It was a particular opportunity at the time, and it was presented to us to operate the hotels for investors. We did and it’s a very successful hotel that works for us, but I think there are more opportunities closer to home that we would want to pursue ahead of any European expansion. What’s the aim for Jurys Inn and where do you see the company in, say, five years time? We started a proces