hospitality-hub

Businesses within the hospitality sector are feeling the strain, and so the idea of expanding a business can seem like a daunting task. However, experts argue that expanding and investing in your business could actually be key to coming out stronger on the other side.

Monachyle Mhor, Mhor 84 and Calair Cottage, a distinguished and award-winning collection of retreats nestled in the picturesque Scottish countryside, has benefitted from more than £1.7m in investment from expert hospitality lenders, The Cumberland Building Society.

The Cumberland has invested more than £45m into Scotland’s tourism sector in the last two years. This support is needed now more than ever, with 52% of Scottish businesses are still in survival mode amid the cost-of-living crisis and rising interest rates.

A brother and sister duo have acquired an 18th century Scottish inn with support from The Cumberland.

A father and daughter duo who embarked upon their holiday-let business journey in 2017 are now thriving with a six-property portfolio, thanks to support from The Cumberland.

The Cumberland has been supporting Cumbrian people and businesses for more than 170 years, investing more than £20m into the tourism sector in the past two years alone.

What could be the first castle built during King Charles III reign was made possible following a six-figure investment from The Cumberland Building Society.

Alasdair Swan, Senior Commercial Manager at The Cumberland, shares his thoughts on the importance of a relationship managed approach to banking and how hospitality businesses can navigate the challenges ahead.