An Edinburgh hotel that ploughs its profits into training surgeons worldwide has hailed its strongest ever results.
Ten Hill Place, which is operated by the Royal College of Surgeons of Edinburgh, has posted a record turnover of £2.7 million, helped in part by an 88 per cent occupancy rate.
Opened in 2006, the 77-room four-star establishment was originally intended to provide on-site accommodation for the college and its conference hub but is now a busy hotel all year long, cashing in on the Capital’s busy festive and summer seasons.
News of the bumper financial figures follows the success of the Royal College as a venue during the recent Edinburgh festival, achieving more than 75,000 ticket sales in a record year, up by about a quarter on 2015.
Scott Mitchell, director of commercial enterprises at the college, said: “The hotel provides a real personal alternative to the vast majority of big-name city centre hotels and is run by a hugely dedicated team whose hard work has directly resulted in its most successful ever year. At its core, the hotel is a platform to generate profits that go directly into improving lives for surgical patients all around the world - even in areas of conflict and extreme poverty.
“We initially targeted visiting academics, medical professionals and delegates to conferences; however, our customer base is now especially varied – even more so during Festival season and Hogmanay.”
The city centre setting has been able to establish its hospitality offerings with the No.10 Restaurant and 10 Wine Bar – operated in partnership with renowned capital caterers, Heritage Portfolio.
Scott added: “Integral to a good stay is the food and drink – and thanks to our unique partnership with Heritage Portfolio, whose team are completely integrated with our staff, the restaurant and wine bar has scored tremendous TripAdvisor reviews and are both successful on their own merit.”
The Royal College is one of the most august institutions in Scotland. It provides education and assessment for medical students, surgical trainees and consultants and supports research to advance standards of care for the future. Surgeons trained and assessed through the College take their life-saving and life-changing skills all over the world.
All profits support the charitable aims of the College.