The hotel set inside one of Manchester's most iconic buildings could be in line for a major makeover, it has been revealed.
According to the company behind the hotel, Beetham Tower's Hilton could have a dramatic facelift in the coming months.
Newly-filed documents seen by the Manchester Evening News have revealed that the firm's directors are "currently reviewing" refurbishment options for the hotel.
READ MORE: Click here to sign up to the BusinessLive North West newsletter
The 47-storey Beetham Tower was completed in 2006 and is owned by Yiannakis 'John' Christodoulou, a Monaco-based billionaire.
Mr Christodoulou owns the Yianis Group which holds residential, hotel, retail and leisure properties across the UK and Europe.
Beetham Tower was the tallest building in the UK outside London until 2018 when it was surpassed by the Deansgate Square development.
The Hilton Manchester Deansgate occupies space up to level 22. The rest of the building is apartments and the Cloud 23 bar.
Mr Christodoulou took over the ownership of the hotel after Beetham Hotels Manchester Ltd went into administration in February 2011.
The documents have also revealed that almost 100 jobs were shed at the company behind the hotel despite a rapid recovery in its turnover during its latest financial year.
Blue Manchester has reported a turnover of £13.1m for the 12 months to April 30, 2022, up from £1.9m in the prior year.
According to newly-filed accounts with Companies House, the firm's pre-tax losses were cut from £2m to £1.2m over the same period.
In the last year before the pandemic struck, the 12 months to April 2019, the company's turnover totalled £20.5m and it posted a pre-tax profit of £686,626.
The accounts also show the average number of people employed by the company in its latest financial year fell from 231 to 142.
In the year to April 2020, the total had stood at 299 while 304 were employed in the year April 2019.
A statement signed off by the board said: "The directors are expecting the hotel's potential performance to return to pre-Covid-19 levels and then continue to grow revenue and profit margin in the expectation that operations will return to normal and that the operator achieve the improved expectation that we are working towards."
READ NEXT:
Dragons' Den star Steven Bartlett launches $100m fund to find the next $1bn company
Future of THG's Manchester Airport plans up in the air after £70m loan cancelled
Popular Northern Quarter shop Oklahoma is closing this month after 25 years
Boohoo puts Burton, Dorothy Perkins and Wallis jobs at risk after continued losses
