The Gleneagles Hotel owner significantly cuts loss after ‘strong year’ for Ryder Cup host August 20, 2024 The company behind The Gleneagles Hotel in Scotland significantly cut its pre-tax loss during its latest financial year, it has been revealed. The business, which also includes the likes of Maison Estelle and Gleneagles Townhouse, has reported a pre-tax loss of £3.7m for the 12 months to March 31, 2024, according to newly-filed accounts with [...]
Orient Express and Royal Scotsman owner Belmond still in the red despite sales rise August 6, 2024 The UK arm of the company that runs the Venice Simplon-Orient Express increased its sales but saw its pre-tax loss widen during 2023, it has been revealed.
Firmdale: Record year for luxury London and New York hotel group amid expansion plans August 5, 2024 Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.
Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel August 5, 2024 Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors.
Easyhotel: Bookings surge fails to stop budget chain sinking further into the red June 18, 2024 Budget chain Easyhotel has reported its biggest loss since 2020 as a rise in bookings failed to offset more than £16m in loan charges.
Go ahead given for new nine-storey hotel in London’s Square Mile June 13, 2024 Plans to build a new hotel between the Museum of London and the Barbican have been given the green light.
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business April 30, 2024 Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
