-
Andy Murray’s prize-winning hotel has reported staggering losses yet again.
-
The ex-Wimbledon winner, who is 37 years old, runs the enterprise together with his spouse Kim.
A hotel under Sir Roderick’s ownership
Andy Murray
And his spouse has shared staggering six-figure losses for the second year in a row.
Following his illustrious career, during which he clinched three major titles and became the first British male to reach world No 1 according to the ATP rankings, Murray decided to retire from professional tennis at the 2024.
Olympics
in Paris.
The individual, who retired at 37 years old, has stayed active since then by working with an longtime adversary.
Novak Djokovic
is coaching and also focusing on his business endeavors beyond sports.
One of these endeavors includes Cromlix, an upscale hotel situated close to the region of Dunblane, home to the two-time Olympic gold medalist and
Wimbledon
champion had grown up.
In 2012, Murray along with his spouse Kim bought the Victorian countryside mansion for £1.8 million and promptly began restoring the property to reclaim its past splendor.
Located on 34 acres within the picturesque Stirlingshire countryside, this getaway features 10 bedrooms, five suites, and a single-bedroom lodge, complemented by amenities such as a private chapel, tennis court, pickleball court, and an onsite restaurant.
In recent years, Cromlix has garnered numerous accolades, such as being crowned the top Scottish hotel at the AA Hospitality Awards in 2024.
Nevertheless, even though the ambiance is opulent and the room rates are steep — frequently exceeding £700 per night — the project has recently turned out to be quite financially draining.
Based on the information provided in the records available on
Companies House
, the firm Cromlix LLP reported losses amounting to £369,045 as of March 31, 2024.
Surprisingly, this staggering amount represents an improvement over the prior year when losses amounted to £919,572.
In 2022, the five-star hotel recorded its final profitable year with earnings of £416,442.
In the meantime, cash reserves have risen compared to the figures from the prior year’s report and now amount to £242,535.
Staying overnight in one of Cromlix’s 67 square meter deluxe suites could set you back over £700 and offers the promise of ‘a luxurious homely comfort’.
The Cromlix website characterizes Kim, who is the daughter of tennis coach Nigel Sears, as the ‘driving creative influence’ behind the project and mentions that she ‘actively contributes to defining the Cromlix experience.’
The Murrays have recently joined forces with the craft gin producer Wildfire Gin to create a distinctive spirit using ingredients sourced from across their Cromlix property.
Following the launch of Cromlix Gin, Kim expressed her satisfaction with the creation they had brought to life.
She said: ‘I have to admit I really enjoyed the blind tasting stage of this process and I’m so pleased with the end product.
The bottle is truly an artistic masterpiece, and I am most eager to sample the new ‘Perfect Serve’ cocktail during my upcoming visit.
When reached out to by Mail Sport for comments, Cromwich stated: “In 2024, Cromwich experienced yet another remarkable year subsequent to the hotel’s complete renovation the prior year. Throughout this period, the hotel maintained strong booking levels all-year-round along with a thriving restaurant and event operations.”
Cromlix received several prestigious awards such as a MICHELIN star (from the MICHELIN Guide 2024), being named AA Hotel of the Year for Scotland in 2024, and winning Independent Hotel of the Year at the Scottish Excellence Awards 2024.
‘Investment persisted through 2024, aiming not just to boost business expansion but also to prepare for various challenges ahead within the hospitality sector.’
Read more
