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< Back to news 26 May, 2015

The Ascott partners with Beacon in £20m purchasing strategy

The Ascott, the world’s largest international serviced residence owner operator has called on Beacon, Britain's leading hospitality purchasing company, to handle its entire purchasing strategy across seven of its prestigious London properties, with a combined spend of £20 million.

The new partnership will see Beacon streamline The Ascott’s purchasing across all sectors including consumables and food.

The Ascott offers the highest standards of service, combined with luxury living. It prides itself on its award-winning properties and therefore demanded a meticulous approach when it came to developing its purchasing strategy.

Beacon will be working with The Ascott on several of its prestigious London properties including: The Ascott Mayfair and The Cavendish London, which has been a Beacon customer since 2007, and its collection of five Citadines Apart’hotels.  This concept, which sits alongside The Ascott’s luxurious London serviced residences and apartments, offers independent travellers the flexibility to choose services which they require, with all apartments offering the privacy of an ‘own home’ alongside a wide range of flexible hotel services that guests are free to use as they wish.

Rebecca Hollants Van Loocke, Regional General Manager for the UK, Germany and Georgia at The Ascott, commented:

“When working with the standard of properties that we do, it is vital to us to find a purchasing company that is able to meet the high expectations of our customers and approach the purchasing strategy carefully, considering every element. We believe that is exactly what Beacon does and being able to benefit from Beacon’s varied supplier portfolio is a huge advantage to us. We can’t wait to see our partnership go from strength to strength and we are looking forward to seeing what the future holds.”

Paul Connelly, Director of Operations at Beacon, commented:

“We’re really pleased to be partnering with The Ascott. The Ascott will benefit from a streamlined purchasing strategy, which will ultimately provide cost savings as well as a reduction in time spent dealing with suppliers directly. Beacon can also offer peace of mind that all suppliers will be acting to the highest standards, which is paramount when taking into account the calibre of properties owned by The Ascott.”

To see how Beacon could help your business introduce a reliable, cost effective supply chain contact us today.