A Dunstable hotel is bidding to double the number of wedding receptions it can host after investing in a new garden area with the support of a £300k loan from Lloyds Bank Commercial Banking.
Renovation works to introduce the ‘secret’ garden will allow the Grade-II listed The Old Palace Lodge Hotel to host 84 wedding receptions in 2019, compared with 39 in 2018.
The refurbishment work will extend the historic hotel by a further 15,000 sq. ft. and is the final phase of a three-year refurbishment plan, which has seen the hotel introduce 18 new bedrooms and a gym.
The hotel now holds four stars and has 85 bedrooms.
The hotel, which employs 48 of staff, has been owned by umbrella company MGM Hotels since 2004.
MGM Hotels has an annual turnover of £2.35m.
Martyn Murphy, director of MGM Hotels, said: “We’ve invested heavily over the past three years to ensure our hotel is the best it can be for holidaymakers, businesses and families.
“We’ve seen a real spike in demand for our wedding services and our new garden area will allow even more couples to celebrate their big day in our historic hotel.
“We’ve been working with Lloyds Bank since we took over the business 14 years ago. The team were incredibly supportive when we outlined our latest expansion plans and we’re looking forward to working with them again as we continue to grow.”
Steve McQueen, relationship director at Lloyds Bank Commercial Banking, said: “The new garden area is going to add to The Old Palace Lodge Hotel’s growing list of facilities and services and give it the opportunity to build on its high reputation.”