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Retail & Consumer

Hotel chain Britannia 鈥� named worst by Which? for more than a decade 鈥� sees profits fall

Britannia Hotels owns more than 60 sites across the 海角视频 including Liverpool Adelphi and Trecarn Hotel Torquay

Liverpool's Britannia Adelphi Hotel(Image: Andrew Teebay/Liverpool Echo)

A hotel chain that was named the 海角视频's worst by Which? for more than a decade has reported a fall in profits over the last financial year.

Britannia Hotels owns more than 60 hotels across the country, with its portfolio including Liverpool’s Adelphi, the Roundhouse in Bournemouth, Grand Hotel Llandudno and Bromsgrove Hotel & Spa.

In a newly filed set of accounts on Companies House, the business reported a drop in pre-tax profits to £31.3m from £39.3m the year previously.

However, turnover for the financial year ended March 30, 2024, rose to £164m - up from £154m in 2023. The company said the increase represented a “credible performance” during a period of difficult trading.

“The hotels have managed to maintain their competitive edge through the economic downturn and continue to take steps designed to attract new business and improve market share going forward,” the statement on Companies House said.

“The directors remain confident that the company is in a good position to meet the challenges and opportunities of the future.”

The report stated that no dividends would be distributed for the financial year.

The company, which employed 2,452 over the period, said it had “taken into account” the future economic uncertainty posed by events in Europe and beyond for the next financial year and at least 12 months from the date of approval of the filed statement.