The five-star London hotel reported a turnover of £119.3m for the financial year, up from the £98.1m it achieved in 2022. The hotel’s pre-tax profit also jumped from £2.2m to £7.2m.

Staying a night at The Ritz in London is likely on many people's wish lists, but with rooms starting from £725 a night, it's beyond the budget of most travellers.