Stonegate converts models of 200 managed sites
Stonegate Group has been reshaping its 4,300-strong estate for the past two years.
The UK’s largest pub company has reached a milestone in its transformation strategy, having converted 200 Managed pubs to its Leased and Tenanted (L&T) and Craft Union models.
Over the past two years, Stonegate Group has been reshaping its 4,300-strong estate, basing conversion decisions on data, insights and local market knowledge.
It says this landmark reflects its commitment to ensuring every pub is positioned to thrive in the community it serves. The David McDowall-led business says the strategy is delivering an average profit uplift of £110,000 per pub.
Its Managed estate now stands at 550 sites, compared to 800 two years ago, when McDowall (pictured) took up the CEO position.
"Our transformation is about positioning every pub for long-term success," he says. "Customers increasingly value the people behind the bar over the brand name above the door. By partnering with entrepreneurial operators, we’re building pubs that are more resilient, community-driven and adaptable to evolving guest habits."
Making the cut
The Cutting Room in Melton Mowbray became Stonegate’s 200th converted pub this month. Its former general manager stepped into the role of publican when the switch was made.
Despite the Managed estate being smaller than in prior years, Stonegate says it remains a key part of the group’s portfolio.
"The Managed business continues to be an important part of our overall group, and we remain very proud of our core Managed estate of successful pubs, run by outstanding general managers," adds McDowall.
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