New accounts for Braemar’s luxury Fife Arms hotel show losses almost doubled last year. The report filed at Companies House show Artfarm Ltd recorded a loss of £11.4 million – up from £6.6m the previous year. He highlighted the Fife Arms, Ballater’s Fish Shop and Invercauld Mews pub, alongside new initiatives in London and Somerset. Fife Arms hotel continues to shineThe Fife Arms hotel remains the jewel in the Artfarm crown. Last year, Artfarm confirmed it had also purchased the nearby Braemar Kirk to help develop Fife Arms’ “hospitality offerings”.