Sir Andy Murray's luxury hotel venture has swung into a substantial profit, marking a significant financial turnaround for the tennis star's business. Newly filed accounts reveal that the firm operating the five-star Cromlix House Hotel made a profit of £193,379 in the most recent financial year.
From Losses to Lucrative Returns
This result represents a dramatic recovery for the hotel, which is situated near Murray's hometown of Dunblane in Scotland. The previous year, the business had recorded a loss of £369,044, following another period of six-figure losses. The latest figures, covering the period up to 31 March 2025, show a business in robust health.
Cash reserves have more than doubled, increasing from £242,535 to £610,494. Furthermore, the company has reduced its liabilities from £1.8 million to £1.6 million. The hotel, which employs 88 staff, was purchased by the double Wimbledon champion for nearly £2 million in 2013.
A Hands-On Approach and Family Ties
Until December 2022, Cromlix was managed by an external firm. Sir Andy, 38, and his wife Kim then decided to take a more direct role in its operations. The accounts confirm that the retired tennis champion and his wife, who own the company, are committed to providing ongoing financial support to ensure the hotel's future.
The hotel holds a special place in the Murray family. Sir Andy held his wedding reception there in April 2015 after marrying Kim at Dunblane Cathedral, and his elder brother Jamie also celebrated his marriage at the venue. It has become a central location for family gatherings.
Accolades and Exciting Transformation Ahead
Under their stewardship, the 16-room hotel has cemented its reputation, winning Scottish Hotel of the Year at the 2024 AA Hospitality Awards. Shortly after, its Glasshouse restaurant was awarded a prestigious Michelin Key.
The hotel is currently closed for a major refurbishment and is set to reopen on 15 May. The transformation will introduce two new restaurants, a wellness facility, and three new suites, including an accessible ground-floor suite. A statement on the hotel's Instagram page thanked guests for being part of its story and promised an exciting new chapter.
