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    Best Western announces two new appointments

    Best Western announces two new appointments

    Marriott to open new Moxy hotel at Birmingham NEC

    Marriott to open new Moxy hotel at Birmingham NEC

    Treehouse London opens in Marylebone

    Treehouse London opens in Marylebone

    COMO Metropolitan hotel freehold sold for £70m

    COMO Metropolitan hotel freehold sold for £70m

    Whitbread submits plans for new Milton Keynes hotel

    Whitbread submits plans for new Milton Keynes hotel

    The rise of monster ‘cardboard cookie cutter’ hotels

    Horwood House hotel set for multi-million pound refurb

    Carlton Park Hotel undergoes seven figure investment

    Carlton Park Hotel undergoes seven figure investment

    Fire breaks out at Cottesmore Hotel

    100 firefighters deployed to tackle Travelodge Brentford blaze

    Leaf Hospitality appoints Mike Magrane as COO

    Leaf Hospitality appoints Mike Magrane as COO

    Plans for new hotel in Southampton gets approved by city council

    Plans for new hotel in Southampton gets approved by city council

    Dormy House appoints new general manager

    Dormy House appoints new general manager

    Historic north wales guesthouse on market for first time in 30 years

    Historic north wales guesthouse on market for first time in 30 years

    The Lowry continues luxury investment with new rooms

    The Lowry continues luxury investment with new rooms

    The Mayson Hotel announces Dublin opening

    The Mayson Hotel announces Dublin opening

    Cheval Gloucester Park set to open next year

    Cheval Gloucester Park set to open next year

  • PROPERTY
    COMO Metropolitan hotel freehold sold for £70m

    COMO Metropolitan hotel freehold sold for £70m

    Fire breaks out at Cottesmore Hotel

    100 firefighters deployed to tackle Travelodge Brentford blaze

    The Coromant Hotel ceases trading after 13 years

    The Coromant Hotel ceases trading after 13 years

    The Fish Inn brought to market for £1.35m

    The Fish Inn brought to market for £1.35m

    The Chester Hotel unveils new rooms amid million pound refurb

    The Chester Hotel unveils new rooms amid million pound refurb

  • TOURISM
    Scotland H1 hotel investment is ‘double’ whole of 2017

    Hospitality must ‘unite’ to oppose tourist tax in Scotland, says UKHospitality

    Thomas Cook company collapse leaves over 21,000 staff redundant

    Thomas Cook company collapse leaves over 21,000 staff redundant

    Expedia reveals summer ‘business boom’ for hotels

    Accounting association recommends 2.5% Scottish Tourism Tax

    Positive start to the year for UK hotels, says Expedia Group

    Highland Council consultation on tourist tax ‘astonishing’, says UKHospitality

    Super Break and Late Rooms enter administration

    Super Break and Late Rooms enter administration

  • APPOINTMENTS
    Leaf Hospitality appoints Mike Magrane as COO

    Leaf Hospitality appoints Mike Magrane as COO

    OYO Hotels appoints Betsy Atkins as independent director

    OYO Hotels appoints Betsy Atkins as independent director

    Hotel Colessio follows refurb with new GM

    Hotel Colessio follows refurb with new GM

    Angel Hotel’s appoints new general manager

    Angel Hotel’s appoints new general manager

    Bovey Castle appoints Claire Randall as new general manager

    Bovey Castle appoints Claire Randall as new general manager

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Home Latest News Hotels

Trump Turnberry hotel swings to £10.7m loss in 2018

Since Trump took over Turnberry in 2014, its losses have totalled £43m

Alessandro Carrara by Alessandro Carrara
October 9, 2019
in Hotels
1 min read
Trump Turnberry named ‘Events Hotel of the Year’
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The Donald Trump-owned Turnberry resort in Scotland made a loss of £10.7m in 2018, according to recently published accounts on Companies House.

Turnover increased to £18.41m, but it marks the fifth year in a row that hotel has posted a loss, after seeing losses of £3.4m for the year ending 31 December 2017.

Since Trump took over Turnberry in 2014, its losses now total £43m, however the directors said they believe the profitability of the resort will “continue to grow over the short to medium term”.

Eric Trump, executive vice president at the Trump Organisation, said: “Trump Turnberry achieved tremendous success in 2018 as the property recorded its highest annual revenue (turnover) in the resort’s stories 113 year history.

“Now in its fifth full operating year under Trump Hotels ownership. Trump Turnberry has established itself as Scotland’s premier destination for luxury travel, championship golf and special events.”

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LATEST HEADLINES

Best Western announces two new appointments
People

Best Western announces two new appointments

by Heather Sandlin
December 6, 2019

Best Western GB has announced two new appointments to its board and revenue team. Al-Munir Malik, director of Remarkable...

Marriott to open new Moxy hotel at Birmingham NEC

Marriott to open new Moxy hotel at Birmingham NEC

December 6, 2019
Treehouse London opens in Marylebone

Treehouse London opens in Marylebone

December 6, 2019
COMO Metropolitan hotel freehold sold for £70m

COMO Metropolitan hotel freehold sold for £70m

December 5, 2019
Whitbread submits plans for new Milton Keynes hotel

Whitbread submits plans for new Milton Keynes hotel

December 5, 2019
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