Led by the Coaching Inn Group, the company will bring together all of its pubs-with-rooms sites into one division, creating a 43-strong portfolio of inns across the UK.
The business, which was founded by chair Rooney Anand, said the move would allow it to concentrate investment, management time and future acquisitions.
Growth and momentum
Under the stewardship of RedCat, the Coaching Inn Group, recently named Which? Large Hotel Chain of the Year, has more than doubled in the past three years, growing from 18 sites and 513 rooms when acquired in 2021 to a 43-strong premium inns business operating nearly 1,500 rooms.
Commenting on the development, CEO Richard Lewis said: “This is the natural next step for us as a business, particularly as our premium inns have become an increasingly important part of what we do.
“Operating under the Coaching Inn Group brand, we are extremely well positioned to build on the strong growth and momentum we have seen to date.
“We are already the UK’s fourth-largest pubs-with-rooms operator, and the recent recognition from Which?, combined with the strength of our management team and people across both our support functions and sites, gives us a powerful platform to grow from. Our ambition is to welcome many more sites into the group.”
Brilliant teams
In November, RedCat, which reported a 4.3% uptick in life-for-like sales in Q2 last year led by Coaching Inn Group sales, also announced it had reached an agreement with Admiral Taverns on the sale of its 21-strong leased and tenanted division.
The CEO added that the business was already engaging with a number of potential suitors for its managed arm.
On the prospect of exiting its managed pubs estate, Lewis said: “This decision in no way reflects the quality of our managed pubs or the brilliant teams that operate them. I would like to thank each and every person involved for making our pubs such warm and inviting places for our guests.”
