Hotel group more than doubles profits
HOTEL group MacDonald Hotels, have more than doubled profits to top their 25th anniversary celebrations.
MacDonald, owners of Gisborough Hall Hotel in Guisborough, increased pre-tax profits for the year to 2 April 2015 from £2.5m the year before to £6.1m.
Turnover increased 7% to £155.7m.
The group owns 55 hotels and resorts across the UK, Ireland, Spain and Portugal.
In October last year it was announced that the group would be making a £400,000 investment in Gisborough Hall.
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Kim Yardley, general manager at Gisborough Hall Hotel said; “All of us at Gisborough Hall Hotel welcome this news, which underpins Group plans to continue to invest in facilities for the thousands of guests we welcome each year.
“It’s also a great way to mark the company’s first quarter century which we continue to celebrate in 2016.”
Ruaridh Macdonald, deputy chief executive said: “During the year we invested £16m into our hotels and resorts, including refurbishing bedrooms, upgrading spa facilities as well as our IT infrastructure and website. This year we have £9m already invested and a further £5m to be invested in our continuing major bedroom refurbishment programmes.”
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