Growth for Business in Cheltenham
Although these are very difficult times the Central Hotel in Cheltenham seem to be bucking the trend. Over ther last 2 years turnover has trebled & profits are up. This is due to continued expansion from the small local company in Cheltenham. The Central Hotels Group is privately owned & run by a local couple, who have excellent local knowledge. The continued growth has helped to create new jobs. A very welcome sign to the existing staff at the company, where other hotels & leisure in Cheltenham have cut back on staff.
The hotel company in Portland St Cheltenham has further plans. This year they are looking at expanding into other leisure activities in the town such as pubs, restaraunts & are researching other possible ideas.
The Central Hotels have a sister company Castle Properties which rent property on 6 month AST contracts, which has also expanded over the last 2 years.
So it is not all bad out there in Credit Crunch Land, some business’s are fighting & winning.