Hand Picked Hotels reveals strong growth during 2017

Independent UK country house hotel group, Hand Picked Hotels, has reported strong sales growth during the 2016/2017 period.

Total revenue for all properties grew by 2.1% (£1.7m) between 2016 and 2017 on a like-for-like basis, primarily driven by a 3.7% increase in the average room rate. According to the group health club and spas performed “exceptionally well”, with a like-for-like revenue increase of 8.2% across ten sites within the group.

Chairman and CEO Julia Hands said: “2017 was an exciting and fulfilling year for our business, characterised by changes in the portfolio, continued investment in our hotels and some positive financial highlights.

“I’m delighted that the Channel Islands in particular continued to deliver solid revenue growth, especially St Pierre Park Hotel, Spa and Golf Resort in Guernsey following the £3m redevelopment of its spa and health club during 2016, and our five-star Grand Jersey Hotel and Spa which enjoys a prime location on the seafront near St Helier.”