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Case study · B2B lead generation · Gulf, Europe and Asia

A six-figure Google Search budget, turned into 5.2x in signed revenue.

TGP International is a global hospitality and food and beverage group. They came to Jade Antlers with real budget, several hard markets, and a pipeline that needed a credible lift. We rebuilt the whole program around one question that most agencies avoid: did this spend create signed revenue? It did, and we can trace every pound of it.

Partner since June 2024. Tracked in HubSpot, not guessed.

5.2x
Signed B2B revenue returned on Google Search spend
3.17x
Net return after ad spend and agency fees combined
~2x
Click-through rate versus the B2B search average
4 in 1
Search, LinkedIn, SEO and CRO, run as one engine

Headline returns are real and client approved. Throughout, operational metrics are shown as comparisons rather than raw figures, to protect commercial data.

The client

One of hospitality's most respected names, scaling across three regions at once.

TGP International designs, builds, operates and markets restaurants, hotels and food and beverage destinations for some of the best known groups in the world. Their teams sit in London, Dubai, Riyadh, Cairo and Singapore. Their work spans destination dining, large scale events, hotel food and beverage, franchising and wellness.

That reach is also the difficulty. Selling high value advisory and design work to enterprise buyers in the Gulf, Europe and Asia means several different markets, two main languages, and long, considered buying decisions. A single generic campaign was never going to fit all of that.

At a glance
Sector
Hospitality and F and B consulting
Core markets
UAE, KSA, UK, Europe, Asia
Buyer
B2B, enterprise, high value
Partnered since
June 2024
Scope today
Google, LinkedIn, SEO, CRO
The challenge

The budget was there. The structure was not.

When we took the account on, the spend was working hard but not smart. Four problems were quietly draining the budget and hiding the truth about what was actually working.

01

A sprawling account

Dozens of overlapping campaigns built up over years, many left on from an older setup. Spend and attention were spread thin across things that no longer mattered.

02

Budget on the wrong searches

Ads were showing for job seekers, students, low value franchise queries and rival design firms. Clicks looked busy, but a lot of them could never become a real project.

03

Reports counted clicks

The dashboards showed impressions and clicks. None of it told leadership whether qualified buyers were entering the pipeline, or whether a single deal had closed.

04

Several hard markets

The Gulf in English and Arabic, Europe, and a new push into Asia. Each one buys differently. One playbook copied across all of them was never going to land.

The real issue: nobody could draw a clean line from a search to a signed contract. So nobody could say where to put the next pound. Our first job was not more spend. It was clarity.

The operating system

One named system, run on a weekly loop.

We do not sell a quarter and disappear into a dashboard. We run the same four phase system we use for every client, on a weekly rhythm, so each week of spend builds on the last.

1

Foundation

Clean account, the real keyword universe, conversion tracking wired into HubSpot, one source of truth.

2

Acquisition

Native paid demand across Google and LinkedIn, built on real buying intent in each market, in English and Arabic.

3

Conversion

Landing page and form work that turns clicks into sales ready conversations, the step most agencies skip.

4

Nurture

Lead scoring and follow up shaped for long, considered buying, handed cleanly to the sales team.

A weekly Plan, Do, Check, Act loop runs across all four.

The Pipeline Truth Layer

Every lead is tagged at the source, so it can be traced back to the exact campaign and search that created it. Google and LinkedIn feed GA4. GA4 feeds HubSpot. HubSpot shows the deal. That chain is what let us report on signed revenue, not clicks.

Search and LinkedIn
GA4
HubSpot CRM
Signed revenue

We report to the bottom line, not to vanity metrics.

Leadership does not need a PPC dictionary to read our work. Each month they see what entered the pipeline, what closed, and what it cost, in plain language. The numbers their finance team already tracks. This is the same lens we use across every channel below.

Measurement in action

Leads tagged by type

advisory, design or franchise, each lead traceable to the campaign behind it

Paid Search leads the demand

it became the largest paid source of website conversions, alongside the organic growth we drove

Budget follows the return

Saudi Arabia visitors converted at roughly double the rate of the UAE, so we shifted weight toward the strongest market

Pillar 1 · Google Search

The engine: rebuild the account, then feed it only real intent.

First, we replaced chaos with clarity

We rebuilt the account from the ground up. Old and overlapping campaigns were retired. In their place, a clean structure organised by market and by service, so every pound could be steered, measured and defended.

Before
Dozens of overlapping campaignsLegacy 2023 setup still liveFranchise campaigns with no spendDisplay and Smart experimentsBudget spread thinNo clear owner per market
After
Clean campaigns by marketUAE coreKSA scalingEuropeAsia expansionService themed ad groupsOne source of truth

Then, the keyword universe and the negative keyword firewall

We mapped the real language buyers use, from broad service terms to very specific high intent searches, in both English and Arabic. Just as important, we built a firewall of more than six thousand negative keywords to keep the budget away from anything that could never become a project: job hunters, students, cheap franchise seekers, fast food brands and rival agencies.

The winning searches were unmistakably high value, things like hospitality companies in Dubai, interior design Riyadh, fit out companies in Riyadh and event management companies in Dubai, alongside Arabic terms for interior design and restaurant franchising. Against strong local competition, the ads now hold the top of the search page roughly seven times out of ten.

Thousands of raw search terms seen
Focused into high intent clusters by service and market
Native ad copy in English and Arabic
6,000+ negatives filtering out waste

The ads speak like an insider, not a brochure

Ad
tgpinternational.com
Hospitality Consultants | Trusted by Hilton and Waldorf Astoria
We design food and beverage spaces that drive revenue, not just looks. Strategy built on real hands-on hospitality experience.
Live ad · Gulf
Ad
tgpinternational.com
F and B Strategy and Consulting | Singapore Based, Globally Proven
Built for hospitality teams: commercial kitchens, flow and performance. From market entry to execution.
Live ad · Asia
Ad
tgpinternational.com
360 Wellness and F and B Consulting | Concept to Launch
We integrate wellness with food, beverage and design for cohesive destination concepts across your market.
Live ad · Wellness

The outcome, measured against the B2B benchmark

Click-through rate
higher is better
~2x
About double the average
Cost per click
lower is better
~1/3
Around three times cheaper
Cost per lead
lower is better
~1/3
Roughly a third of the cost

Benchmark range for business services search in 2025 to 2026: click-through rate around 3 to 5 percent, cost per click around 5 to 6 US dollars, cost per lead around 100 US dollars. Sources at the end. In the core Gulf markets, conversion rates also landed at or above the B2B benchmark.

We steer budget by what converts, not by what looks busy. The analytics showed which pages and markets actually turned clicks into enquiries, so weight moved toward the advisory and Saudi interior design pages, and toward the markets returning the most leads per pound. That is the conversion work most agencies skip, and it is a standing part of how we run the account.

Every lever, pulled

Audiences

business intent signals layered in, from business professionals and commercial property to financial services and food and dining, to lean spend toward buyers, not browsers

Devices

most enquiries came from desktop, where the serious research happens, so bids were weighted there

Day and hour

catering demand spikes around events and Ramadan, so those ads run hardest exactly when buyers act

Geography

tight targeting on Dubai, Abu Dhabi, Riyadh and Jeddah, budget following the markets that convert

Demographics

a skew toward working age, higher income buyers, with brand safe exclusions

Creative assets

sitelinks, callouts and images kept fresh, including new project photography rolled across every ad

Pillar 2 · Asia expansion

A new market, efficient from the first weeks.

In 2026 we opened a new front in Singapore, Indonesia and Malaysia for TGP's food, beverage, design and wellness work. We sit in the team's weekly Asia marketing call and build the engine live with them.

Efficiency was there early

Even as a young campaign, click-through rate landed well above the B2B search average and cost per click came in far below the benchmark.

Conversion is the current focus

A newer market needs time to learn which clicks become leads, so we are tightening targeting and landing pages.

Built shoulder to shoulder

Weekly reviews mean decisions happen fast, the same system that matured the Gulf account now compounding here.

The honest read: the Asia pillar is younger than the Gulf engine, so we report it as a market in its growth phase. The efficiency signals are already strong. We do not dress up a partial picture, and clients tell us that straight talk is exactly why they stay.

Pillar 3 · LinkedIn

Creating demand, not just catching it.

Google captures buyers who are already searching. LinkedIn puts TGP in front of the right people before they search at all. We ran it as a full funnel program, from broad awareness down to named leads.

A full funnel: broad awareness at the top narrowing to named, qualified leads at the base.

We boosted TGP's best ideas, things like food halls versus food courts, mega event trends and placemaking, to build authority across the Gulf hospitality scene at a very low cost per view. We turned the wellness report into a lead magnet across the Gulf, Europe and Asia, where it earned engagement several times above the LinkedIn average. And we ran lead forms that captured hundreds of senior B2B contacts straight into the pipeline.

Who the ads reached

The targeting put TGP in front of decision makers at exactly the kind of organisations they want as clients: leading global hotel groups, major regional food and beverage groups, and large Gulf conglomerates. The audience was senior, relevant and on brand.

Pillar 4 · SEO and content

The compounding base under the paid engine.

Paid media rents attention. Organic search owns it. We advised on a content and SEO foundation so TGP keeps showing up long after the ads pause, and so the brand grows as the paid work creates demand.

Organic impressions
Previous quarter
Well above
Latest quarter
Organic impressions stepped up clearly quarter on quarter, with clicks and sessions rising alongside.

A pillar page structure across TGP's core services, from hospitality interior design to catering, events and management, so search engines understand what TGP does and rank it for the right terms. Underneath that, a steady content engine of guides and trend pieces that pull in buyers researching at the top of the funnel.

Branded demand grew over the engagement, a clear sign that the paid and content work was lifting the whole brand, not just buying clicks. The blog now captures high intent industry searches each month.

The result

Spend became pipeline. Pipeline became signed revenue.

Because every lead was traced back to its source, we could prove the outcome the way a finance team would want it: not in clicks, but in closed deals and return on investment.

5.2x
Signed B2B revenue returned for every unit of Google Search spend
3.17x
Net return on investment, after both the ad spend and our agency fee
Multi
Search attributed deals closed in HubSpot, including repeat business from the same group

What the ads actually closed

The pipeline was not built on one lucky win. Search attributed deals ranged from brand refreshes and catering branding to concept feasibility advisory and a multi brand marketing retainer, anchored by one major restaurant concept advisory project. Bars show the relative size of the deal mix.

Deal names and values are kept private. The shape shows how a healthy mix of mid sized wins plus one large advisory engagement produced the return.

Share of website conversions by channel

The relationship

One channel became four, because the results earned it.

Trust was built one proven result at a time. TGP keeps expanding the scope, and keeps renewing month after month.

  1. June 2024

    Google Search, the Gulf

    Account rebuilt around UAE and KSA, tracking wired into HubSpot.

  2. Through 2025

    Scale and SEO

    Search scaled to a six figure program, with a pillar page and content foundation advised alongside.

  3. Early 2026

    LinkedIn, full funnel

    Thought leadership, the wellness report lead magnet, and lead forms across the Gulf, Europe and Asia.

  4. 2026

    Asia opens

    A new Google Search engine for Singapore, Indonesia and Malaysia, built live with the Asia team.

  5. Now

    Always one step ahead

    Landing page optimization, a dedicated commercial kitchen design campaign, plus Meta and ChatGPT ad pilots on the table.

Why it worked

What makes Jade Antlers different.

The result was not luck. It came from how the work is owned, measured and pushed forward, week after week.

A named senior owns it

One senior lead builds the campaigns, sits in the weekly call and holds the pipeline number. No silent handoffs to a junior team you never meet.

We report on revenue

Pipeline, closed deals and cost per qualified lead, in plain language. Not impressions, and not a monthly slide of clicks that no one can tie to growth.

We bring the next move

New channels, ad formats and conversion ideas arrive before the client asks. A working Google partnership keeps us early to what is next.

Evidence base

We read the whole account, every month.

None of the above is a guess. It is built on the full picture, aggregated and reviewed on a weekly and monthly loop: search term and keyword reports, the complete change history, audience, device, demographic and household income breakdowns, geographic and auction insight data, landing page and GA4 behaviour, Search Console organic data, LinkedIn campaign and audience data, and HubSpot deals. Every recommendation in this study traces back to that evidence.

Google AdsSearch terms and negativesAudiences and demographicsGeo, device and scheduleAuction insightsGA4 and landing pagesSearch Console SEOLinkedIn AdsHubSpot pipeline
★★★★★
We have worked with Jade Antlers since June 2024 to drive B2B lead generation across our priority markets in Europe, the Middle East, and Asia. What stood out was the focus on real business outcomes rather than vanity metrics. Milosz built a strategy that included Google Search ads, LinkedIn ads, SEO, and landing page optimization, directly tying it to our HubSpot pipeline. Across the lifetime of the campaigns, our six-figure investment in Google Search ads has returned 5.2x in signed B2B revenue. Jade Antlers operates like part of our team: senior, responsive, and genuinely invested in our growth.
Cheryl SheppardPartner, TGP International
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Google SearchLinkedIn AdsPerformance MaxMeta AdsSEOConversion optimizationChatGPT and AI search ads
Early advantage

New ground worth claiming early: buyers are starting to ask AI assistants who to consider before they open Google. We get clients into that answer while the space is still wide open.

Case study based on the TGP International program, June 2024 to date. Operational metrics shown as comparisons to protect commercial data. Benchmark sources: WordStream and Dreamdata B2B and business services search benchmarks, 2025 to 2026.

Sources: WordStream, Dreamdata