Basic Info

Name:
Peter Prescott
Contributor Status:
Native AdVice
Initial Contribution Date:
03/23/2016
Primary Location:
London, UK

Career Info

Primary Industry:
Food & Beverages / Culinary, Hotels / Hospitality
Personal Career Headline:
CO-FOUNDER OF PRESCOTT & CONRAN
Business Description (One-Liner):

Hospitality chain of hotels, restaurants and cafes.

Experience Timeline:
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My Native AdVice

How did you get into the industry?:

I had a burning desire to be around hotels. I just thought they offer so much, from mystique and surprise to great food and service. Plus, it is a people business and I couldn’t imagine not working with a team of people and getting an immediate (happy, hopefully) response from your guests.

Emerging industry trends?:

In the restaurant area, I think excellent acoustic are going to be the next big thing. In the hotel environment, I think the word “genuine” is so important. If you have genuine staff, design, facilities, etc etc you will impress your customers.

Industry opportunities and challenges?:

Too many to list. We always like to work with like minded organisations. We like to evolve and update on a regular basis while also being loyal to our key partners. We try to focus on the people and organisations in the neighbourhood but also see the appeal of international links. Essentially, we need to create something that is complementary to our own efforts while also bring a new layer of interest.

Inspiration for the business idea, and your vision for the Business?:

We started out just wanting to create a very personal small hotel with a great bar and restaurant. Ideas flourished and we now have 6 locations in London. Ultimately, we want to create and run places that we would feel happy going to.

What's next for the Business in the near future?:

We are currently developing a large site in Clerkenwell that we will launch in the spring. It will include four dining areas, three bars, a bakery, grocery and wine shop. After that, I’d hope to secure another hotel project, somehow.

Your key initiatives for the success of the Business? Greatest Accomplishment?:

Greatest success has got to be the opening of Boundary after three years developing the property.

Your most difficult moment at the Business? (and what did you learn?):

Certainly, during the development period we endured many different difficult moments. Mostly, they were overcome by sitting down, talking and being pragmatic. Email battles often made things worse. I think a face to face civilised and professional meeting generally helps most situations.

Ideal experience for a customer/client?:

This can be anything from a coffee in one of our cafes to an overnight stay in a suite. Whatever the experience, we hope that our guests will feel comfortable and confident that they have been well served and have received a distinctive experience and received great value of money.

How do you motivate others?:

This really depends on so many factors, from the actual person to the role and position. However, we always try to listen to what our employees say and adopt their ideas if possible. We also want them to express themselves and feel comfortable in their workplace. We don’t really go in for behaviour training or getting people to adapt to our way of doing things. Instead, we look for people to bring diversity and personalities, but we do think it is important that everybody is happy and shows it. Hopefully, they believe in what we are doing and want to help us make things better.

Career advice to those in your industry?:

Get ready for some very hard work and some long hours. You need to live and love the business.

What Else To Know

Tell Us More:

Life Motto: Hard work doesn’t go unnoticed and always yields results. And, be confident and happy. People go to restaurants and hotels to have fun, they don’t want to be around negative people.

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Native AdVice:

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