Macdonald Hotels records healthy growth

Macdonald Hotels records healthy growth

Macdonald Hotels has increased profits and turnover in the last financial year and has effectively reduced debt by almost £100m.

The group, which is the UK’s largest independent hotel group, boasts 55 hotels and resorts in the UK, Ireland, Spain and Portugal.

The results for the year leading to 2 April showed group turnover increased 7% to £155.7m and total operating profit rose 11% to £16.9m.

Ruaridh Macdonald, deputy chief executive, said: “We have enjoyed significant benefit from major events including The Ryder Cup, the Commonwealth Games, The Open Golf Championship and the Farnborough Air show, with like-for-like hotel sales up by 7% and hotel operating profit up by 10%.

“We have seen increases across our commercial, conference and leisure segments, resulting in a 2 percentage point growth in occupancy and a 6% increase in average room rate.”