§ Mr. McQuarrieasked the Secretary of State for Transport (1) if he will list in the Official Report the financial turnover at the Caledonian hotel in Edinburgh; and what were the profits or losses at that hotel in the years 1978, 1979 and 1980;
(2) what was the financial turnover at the Gleneagles hotel in Perthshire; and what were the profits or losses at that hotel during the years 1978, 1979 and 1980;
(3) what was the financial turnover at the North British hotel in Edinburgh; and what were the profits or losses in the years 1978, 1979 and 1980 at that hotel.
§ Mr. Fowler[pursuant to his reply, 8 June 1981, c. 58]: In this period the three hotels concerned have enjoyed a marginal rise in turnover, but profits have fallen substantially and in 1980 overall the hotels made a loss. The information requested is as follows: 113W
Turnover £(million) 1978 1979 1980 Gleneagles 3.0 3.2 3.5 North British 2.1 2.2 2.2 Caledonian 2.1 2.2 2.3 Totals 7.2 7.6 8.0
Profit/(Loss) (before interest) £(000) 1978 1979 1980 Gleneagles 473 241 34 North British 302 152 (60) Caledonian 300 160 (36) 1,075 553 (62) These figures—which are before interest—offer no grounds for believing that if these hotels stayed in the public sector they could achieve a marked improvement.