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EXCLUSIVE: £1m transformation at Oxford hotel proves lucrative as room rates rise and visitors flock back

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A change of ownership and £1m refurbishment at a hotel in Oxfordshire has seen the business bounce back with a stream of new bookings.

Amit Bhundia and family, who also own The Phoenix Hotel in London, took over The Holt Hotel in August 2015 and have since ploughed £1m into giving the whole property a revival.

Originally an eight-bedroom coaching inn founded in 1475, the venue has now been transformed into an 86-bed hotel with restaurant, bar and function rooms, all of which have a completely new look.

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Despite being known in the local area, Bhundia tells BH that the Holt Hotel had been on a 10-year decline prior to the family’s takeover, and business had greatly suffered as a result.

Now with a new general manager at the helm – Sean Harte who joined in August 2016 and has over 30 years’ experience – as well as a new assistant manager and kitchen team, occupancies, room rates and online reviews have improved ‘dramatically’.

Bhundia tells BH: “Since the refurbishment, we have slowly seen people coming back to The Holt.

“In 2016 and 2017 we only had six and seven weddings respectively; this year we have 16 and next year we already have nine confirmed.

“Recently Booking.com removed old reviews and we moved from 7.4 out of 10 to 8.6 out of 10.”

 

Tags : Holt hotelOxfordshire
Zoe Monk

The author Zoe Monk

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