Apex Hotels is an Edinburgh –based company that operates a collection of contemporary four-star city-centre hotels, mostly in Edinburgh and London. The privately-owned company was founded by Edinburgh entrepreneur Norman Springford and other fami
Telephone:0131 666 5100
Website:http://www.apexhotels.co.uk (Opens in New Window)
- December 2013 Apex Temple Court helps boost annual profits by 25% to £7m. Apex reveals it has arranged a new bank facility comprising £69m debt and a revolving credit facility of £10m. The group made £35m from ground rent lease transactions on the Apex Waterloo, Apex City of London, Apex European and Apex City Quay that allow it to operate the hotels for 150 years and rebuy each hotel for £1 after that has elapsed.
- October 2012 The £50m cost of developing Temple Court (which is valued at £75m) shaves operating profit by £1.5m to £5.6m, although turnover climbs by 2.4% to nearly £42m.
Apex partners with Queen Margaret University in Edinburgh to create a Centre of Hospitality Excellence for 32 students.
- June 2012 Managing director Angela Vickers is named as one of five women of the year at the Women 1st Shine Awards for tourism and hospitality.
- May 2012 Apex wins the Scottish Hotel Group of the Year category in the ninth Scottish Hotel Awards.
- March 2012 The 184 bedroom Apex Temple Court opens at Serjeants’ Inn off London’s Fleet Street and Norman Springford is given the Lifetime Achievement award by Hospitality Industry Trust (HIT) Scotland.
- December 2011 Apex is to open its eighth hotel – and third in London - in April 2012. It will spend £60m developing the 184-bedrom Apex Temple Court in a conservation area of the Inner Temple off Fleet Street.
- November 2011 The Yu Spa facilities pioneered at the Apex City Quay in Dundee are to be rolled out to the Apex Waterloo Place in Edinburgh.
- September 2011 Karl Mitchell is named as general manager of the new Apex Temple Court just off Fleet Street in London, which is scheduled to open in the spring of 2012.
- April 2011 Apex managing director of five years Angela Vickers makes the list of the Women 1st Top 100 Most Influential Women.
- September 2010 Apex is voted Small Hotel Group of the Year in the AA Hospitality Awards.
- December 2009 Apex wins the Group Hotel category of the Caterer and Hotelkeeper Web Awards.
- November 2009 The group’s second London hotel, the 89-bedroom Apex London Wall hotel, opens on the site of an old office block in Copthall Avenue. It offers full Wi-Fi access to its guests.
- March 2009 Apex unveils the historic Waterloo hotel, which was Edinburgh’s first purpose-built hotel when it opened in 1819. The new Apex Waterloo Place combines Georgian features with contemporary style. Apex is voted Hotel Group of the Year and Springford is named Man of the Year at the 6th Scottish Hotel Awards.
- October 2008 Apex will continue with its expansion plans despite a dip in operating profits for the year. The group, which paid £22m for new premises at Serjeants’ Inn and has a total development programme of £144m, hopes to increase its bedroom tally by 80% by 2010.
- March 2008 The group unveils plans to develop a £60m, 175-bedroom London hotel (to open in December 2009) after buying the long leasehold on the historic Serjeants’ Inn site just off Fleet Street from the Honourable Society of the Inner Temple. Other developments include a £100m project to add 49 bedrooms to Apex City of London.
- February 2008 Apex Hotels is named Scottish Hotel Group of the Year in the fifth Scottish Hotels of the Year awards by booking agent HotelReviewScotland.
- October 2007 Apex reveals that savings from its green policies measure in the £100,000s and that using LED lighting across its 638 bedrooms alone will save it £312,000 across five years.
- September 2007 Apex City of London helps boost group turnover by 28% to £25.2m in the year to 30 April, 2007, when pre-tax profit soars from £1.6m to £13.6m.
- April 2007 Apex invests £100,000 to double its online business.
- February 2007 Apex Hotels wins HotelReviewScotland’s Scottish Hotels Environmental Award.
- December 2006 Apex acquires two new sites and plans to add a £6m executive wing to the Apex City of London. It will spend £30m converting an historic Edinburgh hotel in Waterloo Place, Princess Street, into a 180-bedroom Apex and £25m converting an old office in Copthall Avenue, City of London, into a 70-80-bedroom hotel.
- November 2006 Apex City of London wins Visit London’s Future London Sustainable Tourism award.
- October 2006 Apex completes a £54m sale-and-leaseback deal on its two hotels in Edinburgh’s Grassmarket area - Apex International and Apex City – with Northern Ireland property company WG Mitchell to fund further expansion.
- August 2006 Apex reveals that it was able to charge film makers £4,000 a day when the exterior of Apex City of London was used as a hospital façade in the film Closer.
- May 2006 Springford reveals to Caterer that he is seeking a second City of London site for a planned 200- to 300-bedroom hotel after being substantially outbid on its £60m offer for 10 Trinity Square.
- April 2006 Springford is named Scottish Hotelier of the Year in the Scottish Hotels of the Year awards organised by booking agent HotelReviewScotland
- November 2005 The group’s fifth hotel, Apex City of London, opens between Tower Bridge and the Bank of England. The £20m office block conversion is the group’s first hotel south of the Scottish border. Former Bonds in the City chef Tom Illic heads up its fine dining restaurant Addendum and brasserie.
- July 2005 Springford warns hoteliers against underhand business strategies when advertising on the Yellow Pages website www.yell.com, which divert customers to a booking agent instead of the hotel website.
- 2005 Apex Hotels sets up a green committee to develop eco-friendly practices across the group.
- February 2004 Apex announces plans for its first property outside Scotland with the £20m conversion of an office block near the Tower of London into a 120-bedroom hotel. To be called Apex City of London, it is scheduled to open in late 2005. The group is also in talks for a site in Newcastle upon Tyne.
- March 2003 Apex City Quay hotel and spa – the company’s first hotel outside Edinburgh – opens in Dundee. The £13.5m new-build has 153-bedrooms, conference facilities for 450, two restaurants, a bar, and the Yu Spa (Scotland’s first green spa). The spa facilities are extended to the Apex International in the autumn of 2005. Springford wants 12 hotels, with London the ultimate prize.
- July 2002 The group opens its third hotel, the four-star Apex City, in the Grassmarket area of Edinburgh’s Old Town. A former office building, its design, content and service culture is adopted across the brand.
- February 2002 Apex pins its hopes for operating a hotel in London on a £60m bid by Development Securities for 10 Trinity Square, the City base of the Willis Group but the deal falls through. US property magnate Stan Thomas snaps up the property in 2006 and, in 2009, announces plans to convert it into London’s first six-star hotel.
- May 2001 Springford reveals plans for its third property - a £13m, 150-bedroom hotel with conference facilities for 500 that is planned to open in Dundee in September 2002. Work begins in the autumn on Apex’s first new-build project, which is part of a £30m redevelopment of Dundee’s City Quay area.
- August 2000 The Apex International unveils its new Metro restaurant. The 120-seat restaurant is spread across three tiers including a sunken dining room and a mezzanine cocktail space.
- November 1998 The Apex International and Apex European hotels join the Consort Hotels Group, a 240-strong marketing consortium.
- August 1998 The 66-bedroom Apex European hotel opens in the Haymarket area of Edinburgh’s West End.
- Early 1998 Signalling a change in direction, the company refurbishes the Apex International to four-star standards and adds 51 more bedrooms.
- September 1997 Springford secures the derelict office building in the Haymarket area of Edinburgh that becomes the 66-bedroom Apex European.
- June 1997 The new company name, Apex Hotels, is revealed.
- March 1997 Springford reveals plans to convert a derelict office block into his second hotel. Built by GA Construction, the Apex European will be a ‘new and improved version of the first’ with 70 bedrooms, two suites, a gym and a 70-seat restaurant.
- October 1996 The Apex International opens its new £400,000 conference centre, Conference Exchange, which can seat 200 people in the main auditorium.
- April 1996 The company opens its first hotel, the 120-bedroom three-star Apex International, in Grassmarket, Edinburgh. It brings Edinburgh its first budget lodge and its first rooftop restaurant.
- 1995 Edinburgh businessman Norman Sprinford buys the derelict Heriot-Watt University Mountbatten building in Edinburgh’s Grassmarket area via his pub business, Arrow Leisure. He spends £6m and 10 months converting it into the city’s first budget-style hotel with 99 bedrooms.
Directors Dorothea Springford, Ian Springford , David Springford, Joan Springford
Managing director Angela Vickers
Revenue director Paul Sault
Group operations director Yousif Al-Wagga
Environment director Jo Harbisher
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Rates of Exchange
Shouting from the rooftops
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New Year flux
Rates of return
Open at all corners
Once more with feeling
Apex gets higher
Total number of hotels 8
Total number of bedrooms More than 1,143
Employees More than 700
Apex City of London, Seething Lane near Tower Hill
Apex London Wall, Copthall Avenue near Moorgate
Apex Temple Inn, Serjeants’ Inn, Fleet Street
Apex International , Grassmarket
Apex City, Grassmarket
Apex European, Haymarket
Apex Waterloo Place, Princes Street
Apex City Quay
Turnover £50.6m (+21%)
Profits £7m (+25%)
Address:217 Gilmerton Road