Heineken’s bar unit, Star, revealed its 38 million pounds investment plan

Brewery It has stated that it will inject 38 million pounds into its British pub and pub business, a move aimed at creating 500 jobs.

this Dutch The beer giant said that by the end of 2021, the capital injection will benefit approximately 700 bars in its Star Pubs & Bars business.

After being severely hit by mandatory closures due to the pandemic at the beginning of this year and most of 2020, the group is seeking to speed up the recovery of its venues.

The company said that as part of the plan, nearly 80 bars will undergo “major renovations” at a cost of up to £400,000 each.

invest Due to the change in work habits, people spend more time at home, so it is particularly aimed at creating high-quality plots in suburban and street locations within a 10-minute walk from residential areas.

Star’s Managing Director Lawson Mountstevens said: “Last year, many people rediscovered the fun of nearby bars during the lockdown and chose to stay there.

“This investment responds to this need and provides the community with quality bars within easy reach.

“The pandemic shows the resilience of this great British pub, especially the leasing and leasing model.

“We are committed to strengthening this support through refurbishment so that bars across the country can prosper in the long term.”

Mr. Mountstevens added that the company has spent £62 million on rent reductions to keep its bars operating throughout the lock-in period.

Heineken stated that the investment plan includes a £165,000 improvement at the Ye Olde Hob Inn in Banbury. Lancashire Renovate the exterior of the 17th century bar and redecorate its interior.