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It is said that when Montgomery Clift discovered who his love interest in
A Place in the Sun would be, he exclaimed, “Who the hell is Elizabeth Taylor?” The comment was more likely a putdown of the notion of a “Hollywood star” than a real question. It is unlikely he didn’t know who the lovely 17-year-old actress was. Everybody in the country, if not the world, did. Still, in spite of her glamour and fame, a personality like Elizabeth represented everything that he despised about Hollywood. In Monty’s view, she was a commodity rather than a serious actress.
APEX Hotels has warned the ongoing coronavirus pandemic represents a “material uncertainty” over its ability to continue as a going concern, accounts newly filed at Companies House reveal. However, the Scottish company, which has 10 four-star hotels located across Edinburgh, Glasgow, Dundee, London and Bath, has declared that it anticipates a “strong recovery in hotel and hospitality operations in the short to medium term as we emerge from the Covid-19 pandemic.” The hospitality industry began to reopen in Scotland last week (April 26) after being shuttered since Boxing Day under lockdown measures. But while hotels, bars and restaurants are welcoming customers again, the sale of alcohol is currently confined to outdoor areas. Sales of alcohol are expected to be permitted indoors again from May 17.
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Apex City Quay Hotel in Dundee
Apex Hotels said the impact of Covid-19 had been “substantial” but it expects a strong recovery.
The group has 10 premises, including its 151-bedroom hotel at City Quay in Dundee.
Newly filed accounts for the year ending April 2020 show the pandemic’s impact on profits and sales.
Revenue was down 9% from £75.5 million to £68.7m. Pre-tax profit was £7m, down from £12.4m in 2019.
The firm said it saw a steep decline in international travel from January 2020. Its portfolio then closed in the first lockdown on March 20.
Dundee investments
Chief executive Angela Vickers said the company was in an excellent position to grow revenue now hospitality has reopened.