Young’s, the London-based brewer and pub retailer, has planning permission in place to add a further 100 hotel rooms to its estate. The group – which this morning revealed a 0.7% nudge in revenue to £67.7m and a 4% increase in pre-tax profit to £11.9m – said it had banked the rooms after experiencing an upsurge in the fortunes of its hotel business. The company, which is led by chief executive Stephen Goodyear, said it had seen accommodation revenues increase by 18.7% and revenue per available up 20.1% across its existing estate 351 rooms. Goodyear told M&C Report that Young’s had introduced a new booking system, hired a revenue manager and was now starting to reap the benefits from its investment in its rooms. The company has the option to add rooms at a variety of locations including sites in Wandsworth, Clapham and Kew. Its next addition would be a further 22 rooms at The Castle in Tooting. It will also be adding a further 23 to its pub The Alma in Wandsworth. Goodyear said: “I think we have got a good formula and the investment we have made into our hotel rooms has been paying off for us. “We get a good mix of guests and people seem to enjoy the offer that we provide.” The group currently sees a 70/30 split between business and leisure guests