Battle · 10 companies
London's luxury hotels
Five stars each. Only one checks out on top.
Claridge's leads on turnover; The Ritz on pre-tax profit; Chiltern Firehouse on profit margin; The Dorchester on growth; The Savoy on net assets. Claridge's is the biggest by turnover at £138m, against £133m at The Ritz. Chiltern Firehouse keeps the most of every £100 it takes, £45.73 as pre-tax profit.
The year ends are up to 12 months apart, so this compares each company's most recent filing rather than the same twelve months. The Ritz files its accounts in euros; its figures here are in pounds at Bank of England rates (the average over the year for income and profit, the year-end rate for net assets and cash), and growth is measured in the filing's own currency.
Accounts compared: Claridge's to Dec 2025 · The Connaught to Dec 2025 · The Berkeley to Dec 2025 · The Savoy to Dec 2025 · The Dorchester to Dec 2025 · The Ritz to Dec 2025 · The Lanesborough to Dec 2025 · Raffles London to Dec 2025 · Mandarin Oriental Hyde Park to Dec 2024 · Chiltern Firehouse to Dec 2025
The Numbers
| # | Company | Turnover | Change | Pre-tax profit | Margin | Employees | Pay per head | Turnover per head | Net assets | Bank and cash | Accounts to | Basis |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Claridge'sClaridges Hotel Limited | £138m | +0.6% | -£8m | -5.5% | 796 | £44,000 | £173,000 | £182m | £15m | Dec 2025 | Single company |
| 2 | The RitzThe Ritz Hotel Limited | £133m | +7.4% | £25m | 19.1% | 609 | £75,000 | £218,000 | -£84m | £21m | Dec 2025 | Single company |
| 3 | The DorchesterDorchester Hotel Limited | £89m | +20.4% | -£27m | -30.3% | 741 | £50,000 | £120,000 | £231m | £16m | Dec 2025 | Single company |
| 4 | Mandarin Oriental Hyde ParkMandarin Oriental Hyde Park Limited | £79m | -4.5% | £1.8m | 2.3% | 656 | £40,000 | £121,000 | £62m | £10m | Dec 2024 | Single company |
| 5 | The ConnaughtThe Connaught Hotel Limited | £75m | +2.5% | £4m | 5.2% | 556 | £43,000 | £135,000 | £28m | £17m | Dec 2025 | Single company |
| 6 | The BerkeleyThe Berkeley Hotel Limited | £61m | +0.4% | -£13m | -22.0% | 440 | £43,000 | £139,000 | -£24m | £27m | Dec 2025 | Single company |
| 7 | The SavoyThe Savoy Hotel Limited | £60m | +0.9% | -£11m | -17.7% | 431 | £48,000 | £140,000 | £401m | £11m | Dec 2025 | Single company |
| 8 | Raffles LondonWhitehall Hotel Limited | £52m | +17.1% | £5m | 9.7% | 495 | £45,000 | £105,000 | -£11m | £0.9m | Dec 2025 | Single company |
| 9 | The LanesboroughLanesborough Management Limited | £34m | -11.1% | -£13m | -39.6% | 340 | £44,000 | £100,000 | £62m | £7m | Dec 2025 | Single company |
| 10 | Chiltern FirehouseChiltern Street Hotel Limited | £4m | -89.1% | £1.6m | 45.7% | 169 | £40,000 | £21,000 | £6m | £4m | Dec 2025 | Single company |
Ranked by turnover. Click any column to sort. The leader on each measure is highlighted. Movements are against each company's own prior year. Pre-tax profit is filed except where marked (est.).
Category winners
Biggest by turnover
Claridge's
£138m
Most pre-tax profit
The Ritz
£25m
Highest profit margin
Chiltern Firehouse
45.7%
Fastest-growing turnover
The Dorchester
+20.4%
Biggest employer
Claridge's
796 staff
Highest pay per head
The Ritz
£75,000
Most turnover per head
The Ritz
£218,000
Largest net assets
The Savoy
£401m
Most cash
The Berkeley
£27m
The Takeaway
- Chiltern Firehouse converts the most of its turnover. Of every £100, £45.73 reaches pre-tax profit, against a loss of £39.61 at The Lanesborough.
- Claridge's is the largest on the top line, £138m of turnover, 1.0x The Ritz's £133m.
- The Dorchester is growing fastest, turnover +20.4% on its own prior year. The Lanesborough, Mandarin Oriental Hyde Park and Chiltern Firehouse went backwards.
- Claridge's is the biggest employer with 796 people; The Ritz pays the most per head, an average staff cost of about £75,000.
- The Savoy has the largest balance sheet, net assets of £401m, while The Berkeley holds the most cash at £27m.
Who keeps the most of every £100 of sales?
Chiltern Firehouse keeps the most: £45.73 of every £100 of turnover becomes pre-tax profit. The Lanesborough does worst, losing £39.61.
Financing bites hardest at The Berkeley: £34.34 of every £100 goes on interest.
Every profit figure here is the one the company filed.
The chart splits each company's turnover into £100: what goes on people, on interest and on everything else, and what is left as profit.
Out of every £100 of turnover
Each bar is £100 of that company's own turnover, so companies of any size compare on one scale; the figures are pounds out of each £100, not millions. Companies run from the best margin to the worst. Payroll is staff costs, financing is interest paid, other running costs are everything else, and profit is pre-tax profit, filed or estimated as marked in the table. A loss is not an extra cost: it is the part of the costs that runs past the £100 line, marked with a red bracket. Hover over any segment for its figure.
Who is the biggest, and does the comparison hold?
By turnover the order is Claridge's (£138m), The Ritz (£133m), The Dorchester (£89m), Mandarin Oriental Hyde Park (£79m), The Connaught (£75m), The Berkeley (£61m), The Savoy (£60m), Raffles London (£52m), The Lanesborough (£34m), Chiltern Firehouse (£4m).
By headcount, Claridge's leads with 796 employees.
The comparison holds with the dates stated plainly: Claridge's to Dec 2025, The Connaught to Dec 2025, The Berkeley to Dec 2025, The Savoy to Dec 2025, The Dorchester to Dec 2025, The Ritz to Dec 2025, The Lanesborough to Dec 2025, Raffles London to Dec 2025, Mandarin Oriental Hyde Park to Dec 2024, Chiltern Firehouse to Dec 2025. All are on the same filing basis.
Turnover on the latest filing
Who is growing fastest?
The Dorchester grew fastest, turnover +20.4% on its own prior year, ahead of Raffles London (+17.1%), The Ritz (+7.4%), The Connaught (+2.5%), The Savoy (+0.9%), Claridge's (+0.6%), The Berkeley (+0.4%), Mandarin Oriental Hyde Park (-4.5%), The Lanesborough (-11.1%), Chiltern Firehouse (-89.1%).
Turnover change on each company's own prior year
Who employs the most, who pays the most, and who brings in the most per head?
Claridge's employs the most, 796 people, against 741 at The Dorchester.
The Ritz has the highest average staff cost, about £75,000 a head; Chiltern Firehouse the lowest, about £40,000.
The Ritz brings in the most turnover per employee, about £218,000, against £21,000 at Chiltern Firehouse. It says as much about the business model as the workforce: a marketplace or a wholesaler needs far fewer people per pound than a restaurant or a gym.
Claridge's
796
employees, about £44,000 pay a head, £173,000 turnover a head, -4.3% on the year
The Connaught
556
employees, about £43,000 pay a head, £135,000 turnover a head, -2.6% on the year
The Berkeley
440
employees, about £43,000 pay a head, £139,000 turnover a head, -3.3% on the year
The Savoy
431
employees, about £48,000 pay a head, £140,000 turnover a head, -3.8% on the year
The Dorchester
741
employees, about £50,000 pay a head, £120,000 turnover a head, +3.1% on the year
The Ritz
609
employees, about £75,000 pay a head, £218,000 turnover a head, -0.8% on the year
The Lanesborough
340
employees, about £44,000 pay a head, £100,000 turnover a head, -2.3% on the year
Raffles London
495
employees, about £45,000 pay a head, £105,000 turnover a head, +7.4% on the year
Mandarin Oriental Hyde Park
656
employees, about £40,000 pay a head, £121,000 turnover a head, +4.5% on the year
Chiltern Firehouse
169
employees, about £40,000 pay a head, £21,000 turnover a head, -54.2% on the year
Who owns each one?
Ownership as recorded on the Companies House register of people with significant control, in the bands the register uses.
Held by Claridge's Hotel Holdings Limited
A company recorded as a person with significant control. 3 outstanding charges on the register.
Who owns Claridge's →
The Connaught Hotel Limited · 03669273Held by Selene Midco Limited
A company recorded as a person with significant control. 5 outstanding charges on the register.
Who owns The Connaught →
The Berkeley Hotel Limited · 03669260Held by Selene Midco Limited
A company recorded as a person with significant control. 4 outstanding charges on the register.
Who owns The Berkeley →
The Savoy Hotel Limited · 03669255Held by Dunwilco (1784) Limited
A company recorded as a person with significant control. 3 outstanding charges on the register.
Who owns The Savoy →
Dorchester Hotel Limited · 01229635Held by Dorchester Group Limited
A company recorded as a person with significant control. 2 outstanding charges on the register.
Who owns The Dorchester →
The Ritz Hotel Limited · 00048125No controller recorded
The register shows no person with significant control. 25 outstanding charges on the register.
Who owns The Ritz →
Lanesborough Management Limited · 02453094Held by Abu Dhabi Investment Authority
An individual recorded as a person with significant control. 4 outstanding charges on the register.
Who owns The Lanesborough →
Whitehall Hotel Limited · 13811714Held by Sandra Agnes Georgeson
An individual recorded as a person with significant control. 1 outstanding charge on the register.
Who owns Raffles London →
Mandarin Oriental Hyde Park Limited · 06192910Held by Jardine Matheson Holdings Limited
A company recorded as a person with significant control.
Who owns Mandarin Oriental Hyde Park →
Chiltern Street Hotel Limited · 07218870Held by Mr Andre Tomas Balazs
An individual recorded as a person with significant control. 3 outstanding charges on the register.
Who owns Chiltern Firehouse →
What does the full ledger show?
| Measure | Claridge's | The Connaught | The Berkeley | The Savoy | The Dorchester | The Ritz | The Lanesborough | Raffles London | Mandarin Oriental Hyde Park | Chiltern Firehouse |
|---|---|---|---|---|---|---|---|---|---|---|
| Registered name | CLARIDGES HOTEL LIMITED | THE CONNAUGHT HOTEL LIMITED | THE BERKELEY HOTEL LIMITED | THE SAVOY HOTEL LIMITED | DORCHESTER HOTEL LIMITED | THE RITZ HOTEL LIMITED | LANESBOROUGH MANAGEMENT LIMITED | WHITEHALL HOTEL LIMITED | MANDARIN ORIENTAL HYDE PARK LIMITED | CHILTERN STREET HOTEL LIMITED |
| Company number | 00029022 | 03669273 | 03669260 | 03669255 | 01229635 | 00048125 | 02453094 | 13811714 | 06192910 | 07218870 |
| Incorporated | 1889 | 1998 | 1998 | 1998 | 1975 | 1896 | 1989 | 2021 | 2007 | 2010 |
| Accounts filed | 9 September 2026 | 6 October 2026 | 6 October 2026 | 5 October 2026 | 15 September 2026 | 7 October 2026 | 25 July 2026 | 29 April 2026 | 23 January 2026 | 2 October 2026 |
| Turnover, prior year | £137m | £73m | £61m | £60m | £74m | £122m | £38m | £44m | £83m | £33m |
| Pre-tax profit, prior year | -£5m | -£2m | -£13m | -£20m | -£23m | £21m | -£11m | £2m | £4m | £4m |
| Staff costs | £35m | £24m | £19m | £21m | £37m | £46m | £15m | £22m | £26m | £7m |
| Payroll share of turnover | 25.4% | 32.2% | 30.6% | 34.6% | 42.1% | 34.6% | 43.7% | 43.1% | 33.2% | 188.4% |
| Employees, prior year | 832 | 571 | 455 | 448 | 719 | 614 | 348 | 461 | 628 | 369 |
| Dividends paid | n/d | n/d | n/d | n/d | n/d | n/d | n/d | n/d | n/d | n/d |
| Charges outstanding | 3 | 5 | 4 | 3 | 2 | 25 | 4 | 1 | 0 | 3 |
A figure the filing does not disclose is shown as n/d; a zero in a filing is treated as not disclosed. Rounding: below £0.1m in thousands, £0.1m to £2m to one decimal place, above that to the nearest million.
London's luxury hotels: common questions
Who is the biggest of Claridge's, The Connaught, The Berkeley, The Savoy, The Dorchester, The Ritz, The Lanesborough, Raffles London, Mandarin Oriental Hyde Park or Chiltern Firehouse?
Claridge's, with turnover of £138m in the year to December 2025.
Which makes the most profit?
The Ritz: £25m pre-tax in the year to December 2025.
Which employs the most people?
Claridge's, with 796 employees in its latest accounts.
Claridge's or The Connaught: which is bigger?
Claridge's, with turnover of £138m against £75m at The Connaught on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
Claridge's or The Berkeley: which is bigger?
Claridge's, with turnover of £138m against £61m at The Berkeley on their latest filings. On margin, Claridge's keeps more of each £100 as pre-tax profit.
Claridge's or The Savoy: which is bigger?
Claridge's, with turnover of £138m against £60m at The Savoy on their latest filings. On margin, Claridge's keeps more of each £100 as pre-tax profit. The full head to head is in the VS Series. Read the VS page →
Claridge's or The Dorchester: which is bigger?
Claridge's, with turnover of £138m against £89m at The Dorchester on their latest filings. On margin, Claridge's keeps more of each £100 as pre-tax profit.
Claridge's or The Ritz: which is bigger?
Claridge's, with turnover of £138m against £133m at The Ritz on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
Claridge's or The Lanesborough: which is bigger?
Claridge's, with turnover of £138m against £34m at The Lanesborough on their latest filings. On margin, Claridge's keeps more of each £100 as pre-tax profit.
Claridge's or Raffles London: which is bigger?
Claridge's, with turnover of £138m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
Claridge's or Mandarin Oriental Hyde Park: which is bigger?
Claridge's, with turnover of £138m against £79m at Mandarin Oriental Hyde Park on their latest filings. On margin, Mandarin Oriental Hyde Park keeps more of each £100 as pre-tax profit.
Claridge's or Chiltern Firehouse: which is bigger?
Claridge's, with turnover of £138m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Connaught or The Berkeley: which is bigger?
The Connaught, with turnover of £75m against £61m at The Berkeley on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
The Connaught or The Savoy: which is bigger?
The Connaught, with turnover of £75m against £60m at The Savoy on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
The Connaught or The Dorchester: which is bigger?
The Dorchester, with turnover of £89m against £75m at The Connaught on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
The Connaught or The Ritz: which is bigger?
The Ritz, with turnover of £133m against £75m at The Connaught on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Connaught or The Lanesborough: which is bigger?
The Connaught, with turnover of £75m against £34m at The Lanesborough on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
The Connaught or Raffles London: which is bigger?
The Connaught, with turnover of £75m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
The Connaught or Mandarin Oriental Hyde Park: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £75m at The Connaught on their latest filings. On margin, The Connaught keeps more of each £100 as pre-tax profit.
The Connaught or Chiltern Firehouse: which is bigger?
The Connaught, with turnover of £75m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Berkeley or The Savoy: which is bigger?
The Berkeley, with turnover of £61m against £60m at The Savoy on their latest filings. On margin, The Savoy keeps more of each £100 as pre-tax profit.
The Berkeley or The Dorchester: which is bigger?
The Dorchester, with turnover of £89m against £61m at The Berkeley on their latest filings. On margin, The Berkeley keeps more of each £100 as pre-tax profit.
The Berkeley or The Ritz: which is bigger?
The Ritz, with turnover of £133m against £61m at The Berkeley on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Berkeley or The Lanesborough: which is bigger?
The Berkeley, with turnover of £61m against £34m at The Lanesborough on their latest filings. On margin, The Berkeley keeps more of each £100 as pre-tax profit.
The Berkeley or Raffles London: which is bigger?
The Berkeley, with turnover of £61m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
The Berkeley or Mandarin Oriental Hyde Park: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £61m at The Berkeley on their latest filings. On margin, Mandarin Oriental Hyde Park keeps more of each £100 as pre-tax profit.
The Berkeley or Chiltern Firehouse: which is bigger?
The Berkeley, with turnover of £61m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Savoy or The Dorchester: which is bigger?
The Dorchester, with turnover of £89m against £60m at The Savoy on their latest filings. On margin, The Savoy keeps more of each £100 as pre-tax profit.
The Savoy or The Ritz: which is bigger?
The Ritz, with turnover of £133m against £60m at The Savoy on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Savoy or The Lanesborough: which is bigger?
The Savoy, with turnover of £60m against £34m at The Lanesborough on their latest filings. On margin, The Savoy keeps more of each £100 as pre-tax profit.
The Savoy or Raffles London: which is bigger?
The Savoy, with turnover of £60m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
The Savoy or Mandarin Oriental Hyde Park: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £60m at The Savoy on their latest filings. On margin, Mandarin Oriental Hyde Park keeps more of each £100 as pre-tax profit.
The Savoy or Chiltern Firehouse: which is bigger?
The Savoy, with turnover of £60m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Dorchester or The Ritz: which is bigger?
The Ritz, with turnover of £133m against £89m at The Dorchester on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit. The full head to head is in the VS Series. Read the VS page →
The Dorchester or The Lanesborough: which is bigger?
The Dorchester, with turnover of £89m against £34m at The Lanesborough on their latest filings. On margin, The Dorchester keeps more of each £100 as pre-tax profit.
The Dorchester or Raffles London: which is bigger?
The Dorchester, with turnover of £89m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
The Dorchester or Mandarin Oriental Hyde Park: which is bigger?
The Dorchester, with turnover of £89m against £79m at Mandarin Oriental Hyde Park on their latest filings. On margin, Mandarin Oriental Hyde Park keeps more of each £100 as pre-tax profit.
The Dorchester or Chiltern Firehouse: which is bigger?
The Dorchester, with turnover of £89m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Ritz or The Lanesborough: which is bigger?
The Ritz, with turnover of £133m against £34m at The Lanesborough on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Ritz or Raffles London: which is bigger?
The Ritz, with turnover of £133m against £52m at Raffles London on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Ritz or Mandarin Oriental Hyde Park: which is bigger?
The Ritz, with turnover of £133m against £79m at Mandarin Oriental Hyde Park on their latest filings. On margin, The Ritz keeps more of each £100 as pre-tax profit.
The Ritz or Chiltern Firehouse: which is bigger?
The Ritz, with turnover of £133m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
The Lanesborough or Raffles London: which is bigger?
Raffles London, with turnover of £52m against £34m at The Lanesborough on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
The Lanesborough or Mandarin Oriental Hyde Park: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £34m at The Lanesborough on their latest filings. On margin, Mandarin Oriental Hyde Park keeps more of each £100 as pre-tax profit.
The Lanesborough or Chiltern Firehouse: which is bigger?
The Lanesborough, with turnover of £34m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
Raffles London or Mandarin Oriental Hyde Park: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £52m at Raffles London on their latest filings. On margin, Raffles London keeps more of each £100 as pre-tax profit.
Raffles London or Chiltern Firehouse: which is bigger?
Raffles London, with turnover of £52m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
Mandarin Oriental Hyde Park or Chiltern Firehouse: which is bigger?
Mandarin Oriental Hyde Park, with turnover of £79m against £4m at Chiltern Firehouse on their latest filings. On margin, Chiltern Firehouse keeps more of each £100 as pre-tax profit.
Where do these figures come from?
Each company's latest accounts filed at Companies House. Each links to its full Spark Intel profile, which names the filing it comes from.
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