Turnover and profits rise at North East hotel firm Ramside Estates
- kelseygarbutt
- 10 hours ago
- 1 min read
The operator of some of the region’s top hotels has seen revenue and profits grow in a year when it invested in its leisure facilities.
Ramside Estates operates Ramside Hall near Durham and Hardwick Hall at Sedgefield, as well as the Fed events space in Gateshead and bars in Newcastle and Sedgefield.
It has now released accounts for the year ending November 30 2024 in which its turnover increased from £35.6m a year earlier to £37.2m. Over the same period, operating profit went up from just under £2m to £2.4m.
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