Artfarm Ltd, the UK operator of Braemar’s Fife Arms Hotel, saw its losses nearly double to £11.4 million last year, according to new accounts filed at Companies House. The figure is a significant increase from the £6.6m loss recorded in the previous year.
Fife Arms Hotel
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Hospitality group Artfarm, the owner of the luxury Fife Arms Hotel in Braemar, has posted losses of more than £6.6 million last year. Newly published accounts for the company have revealed that pre-tax losses soared from £3.3m in 2022 to £6.6m in 2023.