{"id":7728,"date":"2025-12-29T10:30:34","date_gmt":"2025-12-29T10:30:34","guid":{"rendered":"https:\/\/microvibenews.com\/?p=7728"},"modified":"2025-12-29T10:30:34","modified_gmt":"2025-12-29T10:30:34","slug":"apex-to-tackle-adverse-winter-trade-to-lift-profits-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=7728","title":{"rendered":"Apex to tackle &#8216;adverse &#8216; winter trade to lift profits \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London.png\" alt=\"\" class=\"wp-image-187859 lazyload\" style=\"width:840px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"546\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London.png\" alt=\"\" class=\"wp-image-187859 lazyload\" style=\"width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London-300x206.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London-768x528.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Apex-Temple-Court-London-600x413.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Apex Temple Court, London<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Apex Hotels said it will be taking steps to improve the trading performance of new assets during the winter months.<\/p>\n<p class=\"has-medium-font-size\">The Edinburgh-based group reported a 7% like-for-like rise in revenue for the year ending 30 April 2025, driven by improved room occupancy levels and yield growth.<\/p>\n<p class=\"has-medium-font-size\">Expansion of the portfolio, partly through acquisition, helped boost the overall top line by 21%.<\/p>\n<p class=\"has-medium-font-size\">However, group operating profit rose by just 4% to \u00a313.6 million, driven by cost efficiencies, as it was \u201cadversely impacted\u2019 by winter trading from new assets acquired in the latter half of the year.<\/p>\n<p class=\"has-medium-font-size\">This will be addressed by refurbishment and repositioning in the coming year.  <\/p>\n<p class=\"has-medium-font-size\">Acquisitions during the period included The Vineyard Hotel, a five-star country house hotel and spa in West Berkshire, which joins the Monogram Collective portfolio, and the DoubleTree by Hilton Dunblane Hydro, now rebranded as the Apex Dunblane Hydro.<\/p>\n<p class=\"has-medium-font-size\">Alongside acquisitions, the group has continued to invest across its existing portfolio with the refurbishment of Pine Trees Hotel in Pitlochry and a refurbishment of the Apex Waterloo Place in Edinburgh.<\/p>\n<p class=\"has-medium-font-size\">Ian Springford, Apex hospitality group chairman, said the last two years have been pivotal in reshaping the portfolio and laying the foundations for growth. <\/p>\n<p class=\"has-medium-font-size\">\u201cOur core Apex Hotels brand continues to perform, despite the tough trading conditions.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Apex #tackle #adverse #winter #trade #lift #profits #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apex Temple Court, London Apex&hellip; <\/p>\n","protected":false},"author":1,"featured_media":7729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[6377,4057,4053,266,265,6378,6379,6376,220,2470],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/7728"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7728"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/7728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/7729"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}