Hotel group celebrates 50th anniversary in Bury St Edmunds - with its bank
A family run hotel group has teamed up with its bank manager to celebrate its 50th anniversary.
Gough Hotels Limited has been with the same bank - Barclays - since the business was founded by the parents of the current owner, Robert Gough, who runs the company with his wife, Claire.
Big, small, demanding or straight forward, all the deals enjoyed a single common feature: an understanding bank.
It has three landmark properties - The Angel Hotel, in Bury St Edmunds, the Salthouse Harbour Hotel, in Ipswich, and Southwold Pier, in Southwold.
Mr Gough’s parents established the business 50 years ago and his mother, Mary, even received an MBE for services to the hotel industry in 1990.
Each historic property was chosen for its unique character and location and has been refurbished.
Mr Gough said: “We’re delighted to be celebrating our 50th year. Throughout that time, my family has been delighted with the support provided by Barclays.
“Looking back it is interesting to consider the number of deals that we found to expand our company.
“Big, small, demanding or straight forward, all the deals enjoyed a single common feature: an understanding bank that was supportive.”
Andrew Pickford, relationship director, corporate banking at Barclays, said: “I was pleased to present them with an engraved bowl to commemorate their anniversary year and thank them for being long-standing customers through the generations.”
“Barclays has been the banker to Gough Hotels throughout its life and we have continually supported the business to help deliver its plans for growth.
“This is a group with a very clear strategy and we work in partnership with the directors to understand the business and its future plans.”