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Iconic Luxury Hotels sees turnover top £150k in 2017

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Iconic Luxury Hotels, the management company responsible for the likes of Cliveden and Chewton Glen, has posted a turnover of over £150k in its latest financial results for 2017.

The company, which has a portfolio of four hotels, recorded turnover of £159,720 for the period end September 30 2017 in document filed on Companies House.

Loss for the period was £8k and the company had net liabilities of £8k at the year end.

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Chewton Glen, Cliveden, 11 Cadogan Gardens and Lygon Arms are all managed by Iconic Luxury Hotels, which is supported financially by owners London and Regional Properties.

The company was formed in December 2016 with Andrew Stembridge as director.

The four properties that make up the ILH portfolio are widely renowned for being some of the best in the business.

11 Cadogan Gardens recently relaunched following a multi-million renovation that saw a new restaurant Hans Bar & Grill introduced, while Cliveden House hosted Meghan Markle prior to her wedding to Prince Harry and received global recognition as a result.

Earlier this year we reported how Chewton Glen had seen a £1m rise in revenue for the year end March 31 2017, which was a 6.6% rise on the previous year.

 

 

Tags : financeIconic Luxury Hotelsresults
Zoe Monk

The author Zoe Monk

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