Onecall Hospitality Ltd are the UK’s leading consultants in business turnaround. Mark Chambers, Director, is a member of the Institute for Turnaround (IFT). Our team of business professionals operate Nationally and are in business to make your business a success.
If you own or manage a hotel, restaurant, pub or golf club, our wealth of knowledge and experience will assist you to achieve your goals. Contact us today to turnaround your hospitality business.
Loss making business in a popular tourist resort returned to profit within a 12 month period. The business strategy included refurbishment and an on-going development programme. This also combined with a refocus of market placement in terms of the accommodation, food, beverage and function offering.
Managed by Onecall Hospitality, these two loss making businesses returned to profit within a 12 month period giving options for development or sale.
Turnaround strategy to improve room revenue with the main focus on functions, events and weddings. This has led to 92+ additional bookings this year alone which has given rise to renewed confidence between the client and the bank resulting in a formal restructure of loan facilities over an extended period.
On going turnaround solutions, losses eradicated, hotel now showing a good level of return allowing consideration for a formal restructure of debt.
We presented a strategy to the Directors with various options. Agreement was made with the bank to introduce a long term investor with the support of debt reduction. This provided the best outcome for the bank and Directors given current market sensitivities.