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'.
Britannia Hotels racked up pre-tax profits of £33.3m for the 12 months to March 31, 2022, after falling to a loss of £9.5m in the prior year, according to newly-published accounts. The documents also show the business, which is headquartered in Hale, Cheshire, achieved a turnover of £117.8m, up from £38.3m.
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.
