Sir Andy Murray and his wife Kim's luxury hotel has posted a loss of £369,045 for the year ending March 2024.
The Cromlix Hotel, located near Murray's hometown of Dunblane in Scotland, has recorded its second consecutive year of losses.
Despite the substantial deficit, the figures represent an improvement compared to the previous year's loss of £919,572.
The tennis star purchased the 15-room estate for nearly £2 million back in 2013.
Andy Murray and wife Kim have made huge losses on their hotel
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The five-star hotel underwent a refurbishment programme overseen by Kim, reopening in March 2023.
The hotel last reported a profit in 2022, when it recorded a figure of £416,442 for the year.
Cash reserves for the company are listed at £242,535, an increase from £142,943 last year.
However, these reserves stood at £1.1 million two years ago.
The estate's net liabilities increased from £1.4 million to £1.8 million over the year.
The accounts were recently filed with Companies House, revealing the continued financial challenges facing the business.
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The hotel sits in 34 acres of private grounds and woodland near Dunblane.
It features 10 bedrooms, five suites and a one-bedroom lodge.
The estate also boasts its own private chapel, tennis court, pickleball court and a restaurant run by an award-winning chef.
Room prices at the Cromlix range from £350 to £950 per night according to KAYAK.
Murray's brother Jamie got married at the venue, while his grandparents also celebrated their wedding anniversaries there.
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Andy Murray retired from tennis last yearPAIn a bid to boost business, Andy and Kim Murray recently launched their own brand of gin at the hotel.
The couple teamed up with craft gin maker Wildfire Gin to create Cromlix Gin.
The spirit includes ingredients found in the grounds of the hotel, such as raspberry leaf and milk thistle from the hotel garden, made with water from a borehole in the grounds.
Kim said: "I have to admit I really enjoyed the blind tasting stage of this process and I'm so pleased with the end product."
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Kim Murray has admitted the hotel business has been challenging
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She added: "The bottle is a work of art and the new 'Perfect Serve' cocktail is top of my list to try on my next visit."
Kim previously spoke about the challenge of running the hotel: "We'd finished having children and we'd finished building our house, so it seemed the perfect time. Having little kids has been all-consuming."
"Renovating the hotel has enabled me to come out of motherhood and create something different. I think of it as a family project. Maybe in 15 years, the kids will be interested in it. I want to see where it takes us."
