Financial updates
Read the latest news, stories and developments on financial performance here at Hotel Owner. We cover the entire industry, and cover the freshest, most relevant news. Hotel Owner is the premier B2B digital and print magazine in the UK, keeping you informed on all things in the hotel industry.
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Jun- 2019 -21 JuneHotel Brands
Melia Hotels reveals record net profits amid expansion
Meliá Hotels International has revealed the results of its three-year strategic plan has led to a “record year” for net…
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May- 2019 -21 MayHotels
Gleneagles Hotel profits jump 39% in 2018
The Gleneagles Hotel in Perthshire, Scotland, has reported “another strong year” in 2018, with turnover growing 8% to £55m and…
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Apr- 2019 -30 AprilHotel Brands
Whitbread sees 40% plummet in full-year profits
Hospitality group, Whitbread has announced a 40% drop in profits in its first set of full-year results following the sale…
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Mar- 2019 -20 MarchFeatures
The startups that could boost your hotel’s profits
Operating a hotel has always been a multifaceted endeavour. As well as providing a bed to sleep in, hoteliers must…
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Feb- 2019 -28 FebruaryHotel Brands
PPHE sees revenues and profits rise
PPHE Hotel Group has reported a “strong financial performance” in its latest trading update for the full year ending 31…
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18 FebruaryHotel Brands
Millennium & Copthorne profits fall 28% amid Brexit woes
Hospitality group Millenium and Copthorne has seen its profits fall 28% in 2018 and said Brexit uncertainty has led to…
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Oct- 2018 -30 OctoberHotels
Autumn blues lead to profits slump at UK hotels
Profit per room at hotels in the UK fell by 4% in September, as a summer marked by GOPPAR growth…
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2 OctoberHotels
‘Summer sunshine’ increases profits at UK hotels
Hotels in the UK recorded a 9.2% year-on-year increase in profit per room in August, as warm temperatures increased demand…
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Sep- 2018 -6 SeptemberHotel Brands
PPHE Hotel Group sees revenue and profits rise
PPHE Hotel Group has seen profits soar thanks to a 5% increase in revenue to £148m, up from £141m the…
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Jul- 2018 -26 JulyHotel Brands
Accor sees revenue reach €1.5bn for H1 2018
AccorHotels has seen its revenue for the first half of 2018 almost reach €1.5bn (£1.3bn) following a year of “deep-seated…
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