About Countrywide Hotels
Countrywide Hotels provides hotel management and consultancy service to hotel owners. The company brings a management team together with third-party suppliers and specialists covering the key commercial areas of hotel management; conference, leisure, transient, golf, and spa revenue streams. The company also offers to buy/sell hotels on behalf of high-net-worth individuals, funds, and private equity funds and identifies investment opportunities through a wide variety of assets, from resorts to country houses and large bedroom-focused hotels with branded opportunities. It was founded in 2014 and is based in Devon, United Kingdom.
Latest Countrywide Hotels News
Aug 15, 2023
Figures released in February 2023 reveal that more than 45,500 asylum seekers are housed in hotels, accounting for a staggering daily expenditure of £5.6 million. The daily cost per individual asylum seeker is therefore approximately £123. With Harben House boasting 140 rooms, the total number of asylum seekers accommodated could surpass this figure, reaching around 200 individuals. Some will share accommodation as families. while others will occupy individual rooms, although their gender has not been confirmed. The potential for immense profitability Housing 200 occupants each at £123 per day generates a possible daily revenue of £24,600. It is worth noting, however, that this sum could be lowered if occupants are lodging together and sharing rooms. Harben House’s owner, Siddharth Mahajan, head of Tulip Hotels and Real Estate Ltd, has declined to disclose his earnings from the Home Office arrangement. When questioned, he responded: “I can’t answer that. I do not know. I am just the landlord and I employ Countrywide Hotels to run the place… I do not have that information.” Mahajan, who recently acquired the hotel, also stated that Countrywide Hotels had managed the establishment for the past two years, during which it hosted refugee families from Afghanistan. He asserted that his hotel is among more than 400 establishments in the UK engaged for comparable purposes. The most recent financial statements of the company, submitted in November of last year, indicate that they possess tangible assets and investments valued at £761,685, outstanding debtor amounts of £178,005, and a cash balance of £8,009 held in the bank. The broader landscape and government measures Recent reports from the BBC have underscored how private corporations are amassing significant profits through government payments for housing asylum seekers. One booking agency has tripled its pre-tax profits within a year. The Home Office has acknowledged the mounting strain on the asylum system and is committed to minimising reliance on hotels. Home Secretary Suella Braverman recently unveiled strategies to tackle the predicament. She stated that asylum seekers will be accommodated through room-sharing across various hotels, a move projected to save £250 million annually. She remarked: “We will continue to crack down on the abuse of our asylum system, ultimately saving the British taxpayer money.” Mr. Mahajan’s company meanwhile executed a swift refurbishment to prepare for the new arrivals. Photographs showcase a skip at the rear of the hotel filled with discarded furniture and mattresses. Security personnel are stationed at the entrance, and staff activity is evident, yet the lodgers thus far have remained discreetly within closed doors. Share this article
Countrywide Hotels Frequently Asked Questions (FAQ)
Where is Countrywide Hotels's headquarters?
Countrywide Hotels's headquarters is located at Ringslade Road, Devon.
Who are Countrywide Hotels's competitors?
Competitors of Countrywide Hotels include Century Capital and 4 more.
Compare Countrywide Hotels to Competitors
Floreat is an independent, privately-held investment group operating in the financial services industry. The company offers wealth management services, focusing on preserving and growing the wealth of its clients through investments in public equities, real estate, aviation finance, private debt, and private equity. Floreat primarily serves institutions and a select group of ultra-high net worth clients. It was founded in 2006 and is based in London, England.
Blenheim Estate offers homes for sale and rent in the Oxfordshire countryside. Its benefits and services include affordable opportunities, forestry, farming, and parkland management. Blenheim Estate was founded in 2017 and is based in Woodstock, United Kingdom.
Cadbury House is a boutique hotel and spa. The hotel offers lodging services and rooms for various celebrations such as weddings, private parties, business events, birthdays, proms, and more. It also hosts events such as murder mysteries, silent disco, and drag brunch. Cadbury House was founded in 1790 and is based in Bristol, United Kingdom.
Sandringham Estate operates as an accommodation provider to British royal families. It comprises house, gardens, and courtyard facilities open for visitors, as well as arable and livestock farms, residential and commercial properties, woodlands, rivers, and coastlines. It was founded in 1870 and is based in Norfolk, United Kingdom.
Glenhawk is a bridging loan company offering short-term commercial property finance and bridging loans. It provides short-term property finance, catering to a wide range of businesses and enabling clients to realize opportunities and progress developments in the real estate sector. The company was founded in 2017 and is based in London, U.K.
Century Capital provides financial services. The company offers loans and short-term finance for private individuals and professional property investors. Its loan decisions are based on the open market value of equity, debt, and property. Century Capital was founded in 2012 and is based in London, U.K.