Hotel Brands
Crerar Hotels FY23 gross profits exceed pre-pandemic levels
The group invested £2.4m in upgrading its properties, including the redevelopment of the spas at Loch Fyne hotel in Inveraray and Golf View Hotel in Nairn
Crerar Hotels saw gross profits across the portfolio increase 30% to £16.4m and exceed its pre-pandemic performance for the year ended March 2023, despite a pre-tax loss of £2.2m that was incurred by a company restructure following Crerar’s acquisition.
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