National hotel brand, Corus Hotels, has extended its management agreement with its purchasing partner, Beacon, by a further three years after a successful five years working to reduce procurement costs and improve profitability across the group.

After approaching Beacon in 2009, Corus Hotels appointed the company - which helps businesses in the hospitality sector grow their profitability - to handle the procurement of categories including food, drink, non food and maintenance and to develop a long-term procurement strategy to support its sites across the UK.

“The service from the Beacon team has been absolutely fantastic since we started back in 2009 and I was pleased to extend our management agreement for a further three years," says Andrew Clayton, director at Corus Hotels. "Working with Beacon has made us recognise that a centralised purchasing strategy is beneficial in order to maximise economies of scale and secure the very best prices and terms available from suppliers.”

Over the past five years, Beacon has been able to consolidate Corus’ suppliers, allowing the group to take advantage of centrally negotiated deals and has secured the best terms and prices across a number of product categories.

Beacon is now tasked with supporting Corus Hotels Ltd through a time of substantial investment as it refurbishes its site in Windermere.

Over the next three years, the brand will continue to make use of Beacon’s unique offerings, including the Universal Credit Application (UCA) and its Central Billing service.

“It has been a great journey working with Corus Hotels over the past five years, and we are looking forward to continuing and developing the strategy that has been put in place for a further three years," says Jason Thompson, key client director at Beacon.

"It is a very exciting time for Corus and its estate of fantastic hotels and restaurants, and we are glad to continue working with the team as its purchasing partner.”