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Stonegate Pub Partners has finished 160 development schemes during the first half of the financial year to support its leased and tenanted estate.
The projects focused on interior and exterior upgrades, alongside improvements to outdoor trading areas. The division plans to invest a total of £40m across its properties this year.
Performance data from the group shows that pubs receiving investment are currently outperforming non-invested sites and the wider hospitality market.
The company reported high demand for its tenancies, with an average of seven applicants for every available pub. Publican tenure has also reached its strongest recorded level.
Stonegate has provided additional guidance to publicans ahead of major sporting events, including the FIFA World Cup. This includes tools to increase footfall and sales during key matches.
The business uses insight from its managed division to support its independent publicans. This aims to help tenants run more resilient businesses through shared operational knowledge.
Stonegate Group is the largest pub company in the UK. The Pub Partners division focuses on a collaborative model to ensure sites remain competitive within local communities.
Dan Castle, managing director of Stonegate Pub Partners, said: “Completing 160 development schemes in just six months demonstrates both the pace at which our teams are working with publicans to invest in our businesses, and the importance we place on helping them succeed.
“What’s particularly encouraging is the clear correlation between investment and pub performance. Businesses where we have invested are outperforming both our internal benchmarks and the wider market, reinforcing the value of targeted, collaborative investment.”
