AYSHIRE hotelier Bill Costley has said he is optimistic about the prospects of the group he runs which is sitting on very strong bookings in spite of seeing revenues plunge amid the coronavirus crisis.
The latest accounts for the Costley & Costley Hoteliers business show the turnover of the group fell by 45 per cent to £5.3 million in the year to September 30, from £9.6m in the preceding period. Losses widened to £0.5m from £0.1m.
READ MORE: The accounts cover a period during which hospitality sector businesses faced huge challenges amid the curbs that were imposed to try to slow the spread of the coronavirus. The last of these may finally be lifted next month. Mr Costley said that while the group had endured a very challenging period the outlook appears to be good.
Scottish independence: CBI chief says businesses ‘don’t want to have the conversation’
MOST Scottish businesses “don’t want to have the conversation” about independence, the director-general of the Confederation of British Industry has said.
Scottish Enterprise unveils new chief executive
ADRIAN Gillespie, chief commercial officer at University of Strathclyde, has been appointed as the new chief executive of economic development agency Scottish Enterprise on an annual salary of £180,000.
New Glasgow hotel gathers pace
HIGH-PROFILE property developer Chris Stewart has declared “real estate values have been maintained pretty remarkably” amid the pandemic as his company reached a milestone in its £100 million Love Loan project in Glasgow.
Lidl unveils 50 planned new Scottish store locations: Full list
LIDL GB has published a list of key areas across Scotland where it is interested in acquiring sites for potential store development or relocation opportunities.
Analysis, Insight, Opinion
Claire Taylor: UK must stop strangling haulage industry before industry comes to grinding halt
Scott Wright: The battle for grocery giant has only just begun
Ian McConnell on Wednesday: Shocking Tory attitude to furlough fuels fears
Mark Williamson: Windfarm boom must not be at the expense of consumers
Ian McConnell on Friday: Welcome to shortages Britain — so what now Boris Johnson?
Brian Donnelly: New ferries delay comes after design freeze
Features
Monday Interview: New chief of giant East Lothian plant makes case for nuclear power
SME Focus: Glasgow lettings agency overcomes disruption caused by pandemic amid strong demand for homes
From the Briefing: Scottish visitor hotspots' facilities upgrades ahead of 'rush' announced
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