Guestline has been identified as one of London Stock Exchange GroupÕs 1000 Companies to Inspire Britain. The report is a celebration of the UKÕs fastest-growing and most dynamic small and medium sized businesses across the UK.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.ÊÊÊ
Guestline are recognised as industry leaders in providing cloud based technology to the hospitality industry. Working alongside hotel groups, independent hotels, serviced apartments, management companies, hostels, student accommodation and pub companies, Guestline support the travel, tourism and hospitality industry with a suite of innovative technology solutions.
ÒGuestline has gone from strength to strength and has grown considerably in the last 12 to 18 months,” said Andrew McGregor, CEO at Guestline. “Last year was a strong growth year for the Guestline team and 2017 has been very encouraging, with a wide range of new customers choosing GuestlineÕs hospitality solutions.Ê Moving into our next phase of growth, we will place strong emphasis on extending integrations with third party services, strengthening our European presence and expanding into new territories. With a high retention rate for employees and customers alike, the future looks very promising for Guestline and we are very pleased to be recognised in the Ô1000 Companies to Inspire BritainÕ.Ó
Xavier Rolet, Chief Executive, London Stock Exchange Group said: ÒFour years on, LSEGÕs Ô1000 Companies to Inspire BritainÕ report continues to highlight the dynamic, entrepreneurial and ambitious businesses across the country that are boosting UK productivity, driving economic growth and creating jobs. The strength and diversity of these companies is readily apparent with a broad mix of UK regions and sectors represented. These companies are the very heart of an Ôanti-fragileÕ economy: more robust; more flexible and less prone to boom and bust. We must ensure we continue doing all we can to support high growth potential businesses like these.
“London Stock Exchange Group is fully committed to supporting and implementing initiatives which improve access to and cut the cost of finance for growing companies. We welcome the GovernmentÕs focus on supporting SMEs as part of its Industrial Strategy and await the outcome of its review into long-term patient capital.Ó
The Rt Hon Greg Clark, Secretary of State for Business, Energy and Industrial Strategy said: ÒI want to congratulate the 1000 companies from across the UK featured in London Stock Exchange GroupÕs pioneering 1000 Companies to Inspire Britain report. Championing high growth innovative SMEs is crucial for the continued success of the UK economy and a country that works for everyone. We are committed to ensuring that companies of all sizes can access finance to grow, scale-up and create high quality well-paid jobs across the country.Ó
A full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at www.1000companies.com.