The chain's portfolio includes the Britannia Hotel and Sachas Hotel in Manchester city centre as well as the Britannia Airport Hotel and sites in Wigan, Stockport and Bolton
The chain behind nine Greater Manchester hotels, including a city centre landmark, has reported record profits despite ten consecutive years as the 'worst in the UK'.
The figures compare to its final year before the full impact of the Covid-19 pandemic in which its turnover totalled £120.4m and its pre-tax profits were £13.7m.The chain's average number of employees during the financial year increased from 1,765 to 1,818 having been slashed by almost 1,000 in the prior 12 months.
A statement signed off by the board said: "The result represents a return to performance levels comparable to pre-Covid-19 achieved during a period of difficult trading conditions which continues to limit opportunities for growth. On its future, the company added: "The directors remain confident that the company is in a good position to meet the challenges and opportunities of the future. The hotels have managed to maintain their competitive edge through the economic downturn and continue to take steps designed to attract new business and improve market share going forward.
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