Portland Hotels, which has all its five hotels in Scotland, has reported higher turnover and profits in the year to January 2013 helped by buoyancy in Aberdeen.
The privately held hotel group lifted turnover by 4% to £14.8 million and pre-tax profit by 34% to £2.1m.
Portland has the Huntingtower in Perth, the Edinburgh City and Edinburgh Capital hotels, Glasgow Pond Hotel and the Speedbird Inn, Aberdeen, with a collective stock of almost 550 rooms.
Founder Colin Paton said the Speedbird had driven last year's performance. "Aberdeen is the only city outside London where growth outperforms inflation and we have been able to take advantage of that."
He said occupancy rates across the group had risen from 78% to 80% while room yield had risen by 4%.
Mr Paton added: "Our ongoing investment in IT and associated CRM systems has allowed us to develop a deeper understanding of our customers' needs and react accordingly.
"We have maintained our investment programme with a further £500,000 invested in hotel refurbishment programmes this year and 97% of our roomstock is now maintained at an 'executive' standard. We continue to invest significantly in our products as we know this sets us apart from our peers and the larger brands and has enabled us to attract and retain customers and preserve rates."
Mr Paton said Portland had a credible, strong and experienced management team, and remained keen to secure third party management contracts in the UK.
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