Turnover at Lime Wood Group edges towards £17m with sales up 8% at luxury hotel

Lime Wood

Sales at luxury hotel, Lime Wood, increased 8% in the last financial year, with turnover almost topping £17m for parent company, Lime Wood Group.

The five-star Lime Wood, which is opened in 2009 and is operated by hotelier Robin Hutson, saw sales rise in the year to 31 December 2018, with an increase in EBITDA before head office expenses, of 9%.

This is according to the Lime Wood Group’s latest posting on Companies House.

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Turnover at Lime Wood Group, which also includes Portetta, the Group’s property in the French Alps at Courchevel Moriond, reached £16.8m, up from £15.5m on the previous year.

Operating profit rose to £745,019 from £700,622, and profit for the financial year increased to £633,156 from £408,758 for the previous 12 months.

Sales at Portetta have risen by 10% and EBITDA has increased by 27%, with good snow conditions during the season aiding the growth.

The restaurant at Lime Wood, Hartnett Holder & Co, is a joint venture between chefs Angela Hartnett and Luke Holder, and also part of the Group.

Tags : finance and revenuehotelsLime Woodprofit
Zoe Monk

The author Zoe Monk

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