In central Watford’s main business district, we breathed new life into an underperforming hotel. Introducing an attractive concept for long-stay guests saw profit margins increase from 6% to 64% and occupancy levels reach 100%.
Through intensive asset management – including changing the hotel’s format and branding, implementing cost controls, introducing initiatives to produce additional revenues and subletting non-performing areas of the business to specialist operators – our team successfully turned a distressed asset into a valuable, income-producing property.
The Quarters Watford is a short walk from Watford Junction station and offers convenient access to the M1 and M25 motorways as well as easy connections to Olympia, Earls Court and Wembley Stadium and Arena.
The building has been comprehensively refurbished with an emphasis on quality of design and finish. The Quarters Watford raises the standard of accommodation in the area, offering flexibility, service, convenience and style at an attractive price point.