Sir Andy Murray's luxury Scottish hotel has swung back into profit for the first time since 2022, following two consecutive years of significant losses totalling over £1.3 million.
Financial Turnaround for Tennis Star's Venture
Newly filed accounts reveal that the company behind the Cromlix Hotel, located near Murray's hometown of Dunblane, achieved a profit of £193,379 for the financial year ending 31 March 2025. This marks a positive reversal of fortune after reporting losses of £919,572 and £369,045 in the two previous years.
The last time the five-star establishment was profitable was in the year to March 2022, when it made £416,442. Sir Andy, the two-time Wimbledon champion, purchased the property for almost £2 million in 2013.
Refurbishment and Stronger Finances
The accounts were published as the hotel shut its doors on 4 January 2026 for a substantial renovation project. The work will see the creation of two new restaurants, a wellness facility, and three additional suites. It is scheduled to reopen in May.
Financially, the business has strengthened its position. Its net current liabilities reduced from £1.8 million to £1.6 million over the latest financial year. Perhaps more tellingly, the amount of cash in the bank and in hand saw a dramatic increase, rising from £242,535 to £610,494.
Murray's Broader Investment Portfolio
Beyond the hospitality sector, Sir Andy Murray has a diverse investment portfolio. His most notable stake is in the premium sportswear brand Castore, which is based in Manchester and holds kit deals with several Premier League football clubs and England Rugby.
Castore, tipped as a potential candidate for a London stock market listing in future years, saw its turnover surge from £115m to £190.3m in its last reported year. However, it swung to a pre-tax loss of £28.8m for the year to 4 February 2024, after a £14.6m profit the year before. Its latest accounts are due in April.
Murray has also previously invested in ventures including the padel tennis operator Game4padel, TMRW Sports, and the Fuel Ventures Fund.
