Remainder

Malmaison Aberdeen was one of the last hotels to be sold and leased back by the group to help reduce debt

MWB reduces debt but admits ‘challenging’ year ahead

By Luke Nicholls

MWB Group, the owner of boutique hotel chains Malmaison and Hotel du Vin, has successfully reduced its debt to £180m in just six months, with total revenue rising by nine per cent and occupancy and room rates holding firm.

Clapham House sees profits soar 50 per cent

Clapham House sees profits soar 50 per cent

By Becky Paskin

Gourmet Burger Kitchen operator Clapham House Group has reported a 50 per cent increase in profits, although it expects trading to remain ‘challenging’ for the rest of the year