Play it again, Sam 13 December 2019 Sam Harrison returns to the floor at Hammersmith’s Riverside Studios, where his brasserie is set to be a blockbuster
In this week's issue... Play it again, Sam Sam Harrison returns to the floor at Hammersmith’s Riverside Studios, where his brasserie is set to be a blockbuster
Read More
Search

English profits fillip for Scottish Highland

01 January 2000
English profits fillip for Scottish Highland

Scottish Highland Hotels enjoyed an 82% increase in pre-tax profits over the half-year, helped by the acquisition of two four-star hotels in northern England at the end of 1997.

Pre-tax profit for the six months to 30 April was £1.36m while operating profit was up by 62% to £1.98m.

Turnover, at £10.1m, was up by 37%, some 34% of which, according to chairman Hamish Grossart, was attributable to contributions from the recently acquired Redworth Hall Hotel in County Durham and Hellaby Hall Hotel near Rotherham.

Average room rate throughout the group was 8% up at just over £50, and room yields were increased by 6%. "The first half, which is traditionally the quieter, saw strong trading throughout the group," Grossart commented.

There are now seven hotels in the group, following the recent sale of the Pitlochry Hydro hotel to Shearings Hotels for £1.9m.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!