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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Jul- 2015 -31 JulyHotels
Millennium & Copthorne first half profits rise following acquisitions
Millennium & Copthorne has reported first half profits before tax of 6.9% to £58m during the first half of 2015. …
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30 JulyEconomy
AccorHotels revenue jumps 4.1% following restructuring
Following its restructuring and re-brand this year, AccorHotels has reported a 4.1% like-for-like revenue growth to €2.7 billion (£1.9 billion)…
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21 JulyEconomy
Glasgow and Edinburgh report strong growth in June, Aberdeen falters
Hoteliers in Scotland’s three largest cities have reported mixed results in June, according to research released today. The monthly LJ…
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20 JulyCurrent Affairs
Travelodge seeks £1bn sale as total revenues surge 17.9%
Travelodge is reportedly planning a £1bn sale or stock market float of the company in the wake of strong financial…
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10 JulyCurrent Affairs
OTAs are a heavy burden on hotel profits, says HVS
Hotels have become increasingly reliant on bookings from online travel agents (OTAs) and might soon be forced to work with…
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Jun- 2015 -30 JuneEconomy
Regional hotel chains report mixed results in May
Regional hotel chains continued to experience mixed year-on-year results across the UK in May, according to the latest HotStats UK…
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15 JuneEconomy
London hotels report marginal occupancy growth in May
Occupancy up marginally as revenue per available room (RevPAR) and room rates slump for London hotels during May, according to…
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Apr- 2015 -13 AprilCurrent Affairs
Travelodge reports strong full-year results amid possible sale
Travelodge has announced strong full-year results following news that the group could be sold for £1bn. The company reported a…
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Mar- 2015 -19 MarchTrade Organisations
VisitEngland launch industry consultation on tourism growth strategy
VisitEngland has launched an industry-wide consultation on the future growth strategy for the tourism industry in England. The review of…
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2 MarchEconomy
UK hotel growth will continue into 2016, says PwC
The UK hotel sector is set to continue delivering “impressive” growth throughout 2015 and 2016, according to PwC. The firm…
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