Cameron Hall Developments swung to an operating loss of more than £4m in the midst the pandemic, as its flagship Wynyard Hall hotel suffered under restrictions.
Recently published accounts for the development firm - set up by property tycoon Sir John Hall - laid bare a challenging period in the year to the end of December 2020 in which turnover fell from £8.2m the year prior, to £2.35m.
However, the firm's director Allison Antonopoulos said 2021 had brought "significant improvements" in profitability and cash reserves and advance bookings for 2022 had, at the time, already exceeded budgets.
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