Hotel firm's turnover and profit increases
The group, which has 55 hotels and resorts in the UK, Ireland, Spain and Portugal, recently published its annual results for the year to April 2, 2015, which showed that group turnover was up seven per cent (£10.2million) to £155.7million with total operating profit up 11 per cent (£1.6million) to £16.9million.
The group’s profit after tax was up £2.5million to £6.1million while bank debt was effectively reduced by more than £96million at December 2015.
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Hide AdDenis Frucot, general manager at Macdonald Linden Hall Golf & Country Club, said; “All of us at Macdonald Linden Hall Golf & Country Club 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.”
Macdonald Hotels & Resorts was established in 1990 by Donald Macdonald and colleagues.