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St Michaels Resort secures £8m funding for sustainability investment

St Michaels Resort secures £8m funding for sustainability investment

In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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St Michaels Resort in Falmouth has secured an £8m loan from Triodos Bank UK to support investment in sustainability measures, guest facilities and wider infrastructure. 

The funding will also refinance existing debt at the hotel and spa, which overlooks Gyllyngvase Beach.

The resort, which holds a Gold Award from the Green Tourism Business Scheme, plans to use the financing to expand its environmental initiatives and enhance its wellness offering. 

The hotel operates a range of schemes aimed at reducing its ecological impact, including energy-efficient systems, eco-focused upgrades across rooms and facilities, and e-bike hire for guests. 

A dedicated team coordinates beach clean-ups, local conservation work and sustainability education for visitors.

Triodos Bank, which has financed sustainable tourism businesses for more than 20 years, lends only to organisations certified by Green Tourism or working towards accreditation. 

Nigel Carpenter, St Michaels Resort owner, said: “We’re proud to be at the forefront of sustainable tourism in Cornwall, creating experiences that nourish the body, respect the planet and support our local community. This funding is a powerful endorsement of our vision.”

Tony Kear, Senior relationship manager, added: “St Michaels Resort is a shining example of what responsible tourism can look like. Their impact goes far beyond the hotel walls, shaping a greener, more inclusive future for Falmouth and the wider region.”

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