A Scottish hotel company chief has highlighted the crucial role played by long-serving employees, while reporting significant advances in turnover and gross profit and hailing the fruits of major investment.

Crerar Hotel Group, which was acquired in spring 2023 by a joint venture between Blantyre Capital and operating partner Fairtree Hotel Investments, achieved a rise in turnover to £20.19 million in the period from March 26, 2023, to March 31, 2024, from £18.56m in the prior 12 months.

And it has achieved further rises in occupancy, room rates and food sales in its current financial year which will end in March, chief executive Chris Wayne-Wills revealed.

He highlighted the importance of the long service of the group’s hotel managers.

In an exclusive interview with The Herald, Mr Wayne-Wills said: “Some of the general managers are now 15 years, 20 years service. It is a real case of people really knowing what they are doing with their businesses.”

And he pointed to the stability of the senior executive team, observing he had been at the helm for nearly five years. He also noted the long service of other staff.

Mr Wayne-Wills flagged the fact the executive team had “all been together for a number of years”.

And he........

© Herald Scotland