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YHA YHA Capital Strategy 2014
    27/03/2014 01:38

YHA Capital Strategy 2014

YHA constantly reviews the quality and the locations of our accommodation to ensure that our members and guests are getting the best experience when they stay with us.

YHA has always opened new sites and closed them, adapting and investing in our network. During the last 3 years YHA has invested £17m in our Youth Hostels and we have made significant plans to continue to do so.

This is an integral part of our Capital Strategy to have a fully invested in network of Youth Hostels that meet the needs of today’s guests.

Over the last 12 months we have invested in a number of Youth Hostels including Ambleside, York, Malham, Stratford-upon-Avon, Snowdon Pen-y-Pass, Cambridge and the iconic Black Sail in the Lake District. We have also opened new sites in the South Downs and the Pinkery centre in partnership with Exmoor National Park.

In order to continue an investment programme, YHA’s Board of Trustees has made the decision to announce the closure and sale of a number of Youth Hostels.

Decisions like hostel closures are never taken lightly and the staff at the affected sites are our first priority. Unfortunately these are sites where the location and the scale of investment needed means we can no longer afford to retain them with YHA ownership. We hope that some of the sites will become part of the YHA network again under our Enterprise scheme. We are working closely with staff as part of a full consultation period.

The sites that the Board has announced as part our Capital Strategy this year are: Alfriston, Bretton, Edmundbyers, Exford, Kettlewell, Kielder, Patterdale, Stow and Cardiff. These sites will be put up for sale but will remain open until at least the end of the summer season 2014. If you have bookings at any of these sites, after the end of September 2014, we will be in touch with you very soon to discuss your booking.

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