Barclays has backed Apex Hotels' expansion strategy with a £60 million refinancing package, earmarked to help the hotel group broaden its portfolio through the acquisition of more properties, particularly in rural locations. As a part of this growth scheme, Apex Hotels recently made its first
Apex Hotels
Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry. The deal, the financial details of which remain undisclosed, marks the first step in Apex's strategy to diversify into popular UK destinations. The family
APEX Hotels has reported an operating profit of £2.9 million for the 12 months ended 30 April 2022, up from a £11.2m operating loss the year before, returning the group to profitability. Angela Vickers, CEO of the Scottish company, which has locations across Edinburgh, Glasgow, Dundee, L
Averil Wilson, the finance director of Edinburgh-headquartered Apex Hotels, has been appointed as the hotel company's managing director. A former Lloyds Banking Group executive, Ms Wilson has served as finance director for Apex Hotels for eight years and will now oversee all business operations, res