Aimed at the young traveller market, Beds and Bars operates 16 backpacker hostels around Britain and mainland Europe in tourist hotspots such as Paris, Amsterdam and Prague. Attached to each hostel is the firm’s branded Belushi’s bar, which transforms into a residents’ nightclub in the later hours. Managing director Keith Knowles began the London company with just one such bar in Covent Garden. Future plans include the opening of two new ones in Paris, as well as venues in Barcelona and Rome. International sales have increased 51% a year, from £4.4m in 2008 to £10m in 2010.
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