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Daily Record
Daily Record
National
Paul Cargill

Top Perthshire hotel returns to profit after COVID-19 shutdown

Perthshire’s world famous Gleneagles Hotel saw its sales rise by nearly £50 million in the past year according to newly published accounts.

The luxury five-star golf and leisure resort near Auchterarder was closed to visitors for eight months over the financial year ending March 31, 2020 due to the Covid-19 pandemic and its annual turnover dipped to £19.7 million as a result.

The business also recorded a pre-tax loss of £9m that year after only being allowed to welcome guests between July 15 and November 13 in 2020 because of restrictions imposed on hospitality.

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