Tourism and Hospitality

Cumbria’s visitor economy

Cumbria and the Lake District is one of Britain’s few truly world-class destinations.

Our stunning landscape and heritage is strengthened by our many locally-owned tourism and hospitality businesses, who provide the highest standards of product, quality and service.

Cumbria’s visitor economy makes a significant contribution to the Cumbrian economy.

Why choose Lamont Pridmore?

Lamont Pridmore is a multi-award winning, family-run firm of chartered accountants, tax and business advisors.

We have offices throughout Cumbria and Lancashire and thanks to our years of experience working with a wide range of businesses in the sector, we are tourism and hospitality specialists.

We are proud to be a Strategic Partner to Cumbria Tourism whose role is to market and develop Cumbria as a world class visitor destination, and we sponsor and support the Cumbria Tourism Awards, which celebrate the success and excellence demonstrated by the county’s tourism businesses.

We combine traditional values with a forward-thinking, innovative approach to the constantly changing demands of the modern business world.  We take a holistic view to ensure we understand your business, the tourism and hospitality sector and your personal and family goals.

At Lamont Pridmore, we focus on the future rather than the past, starting where many firms finish.

Our products and services

We are passionate about providing a personal service and offer a great range of innovative products that add real value to your business and personal life. Our specialist services can provide real value to your tourism and hospitality business and include:

  • Business start-ups including our Tourism Business Start-Up Guide and Limited Company Guide
  • Business viability and business plan reviews
  • Building business resilience and recovery plans
  • Preparing business plans for start-up, raising finance for expansion or further business development
  • Advising on business structures and acquisition strategies
  • Maximising capital allowance tax claims on refurbishment and improvement programmes
  • Maximising capital allowance tax claims, including the super-deduction, on “green” expenditure
  • Advising on tax mitigation strategies for employee earnings, benefits, tips and profit extraction plans
  • Profit improvement studies, including competitor analysis, price differentiation, creating your price model, developing key performance indicators and benchmarking reports comparing your business performance with the best in your sector
  • Developing succession strategies, grooming your business for sale, maximising business sale values and advising on the most tax efficient allocation of business sale proceeds
  • Protecting the family and the business
  • Helping you to invest your wealth wisely, including developing your Life Wealth Plan.

Here to help

We know that at times operating within the tourism and hospitality sector can be challenging, especially in recent years due to the impact of COVID-19.

Throughout the pandemic, we have stood alongside our clients in the sector offering advice and support to help them manage the economic impact of this crisis.

For more information on how we can help your tourism and hospitality business, please contact Graham Lamont on 0800 234 6978 or visit

You might also be interested in:

Tourism and HospitalityCumbria Business Tourism Tracker April 2024
Tourism and HospitalityCumbria Business Tourism Tracker November 2023
Tourism and HospitalityCOVID-19 Business Survival Toolkit
Tourism and HospitalityDownload our E-brochure
Tourism and HospitalityTourism and hospitality specialists flyer
Tourism and HospitalityDownload our Guide to Running a Limited Company
Tourism and HospitalityRequest our Guide to Financial, Tax and Accounting Considerations of Starting your New Tourism Business
Tourism and HospitalityThe Impact of Brexit and What are WTO Rules for tourism and hospitality businesses 

See our Resources section for more helpful guides and factsheets.


Latest from our Tourism and Hospitality Blog

1 Jun
The benefits of outsourcing payroll in the tourism industry

While all businesses are free to manage their payroll in-house, there are many benefits to outsourcing this to an expert team …

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17 May
Tips for launching a seasonal business

The allure of a seasonal business is strong for many entrepreneurs.

10 Jan
How hospitality and tourism are transforming in the UK

With the UK’s hospitality and tourism sectors continuing to evolve, the pandemic and cost-of-living crisis have played a big …

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23 Nov
The importance of cash flow for tourism businesses

With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased …

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18 Oct
Tax-free shopping for overseas visitors scrapped

Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped.

4 Oct
Will the falling pound help boost tourism?

Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it …

Read more…

14 Sep
Tourism Tax – Will it help or hamper small tourist businesses?

Several cities, including those in the UK and the EU, are considering introducing a tax on visitors.

20 Jul
How can tourism businesses achieve Net Zero?

As the UK experiences unprecedented high temperatures, your tourism business may well be benefiting from increased sales. However, …

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7 Jul
Government must act to improve inbound tourism, Select Committee says

As the UK tourism sector recovers from the pandemic, a Government minister has been told more must be done to encourage international …

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29 Jun
Government review seeks to improve the holiday letting market

A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market …

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