Apex Hotels reports 21% rise in annual revenue after acquisitions
🏨 Apex Hotels Ltd reported a 21% revenue increase for the year ending 30 April 2025, fueled by acquisitions and enhanced trading. Operating profit rose by 4% to £13.6m, despite weaker winter trading for recent acquisitions. They acquired The Vineyard Hotel in Berkshire and DoubleTree by Hilton Dunblane Hydro, rebranded as Apex Dunblane Hydro. Investments were made in Pine Trees Hotel, Pitlochry, and Apex Waterloo Place, Edinburgh. Chairman Ian Springford highlighted pivotal portfolio reshaping and future growth plans.
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