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- 2018 -25 JulyHotel Brands
Hilton’s RevPAR growth ‘exceeds expectations’
Hilton has reported 4% growth in RevPAR in its second quarter results, driven by increases in both ADR and occupancy.…
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23 JulyAppointments
RBH expands business development team as it seeks to drive growth
RBH has announced the expansion of its business development team, as it continues to pursue its ambition to become “Europe’s…
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6 JulyRegulation
UKHospitality calls for ringfencing of digital tax revenue
UKHospitality has warned the Treasury that it must undertake a full and wide-ranging review of business rates and ringfence future…
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2 JulyEconomy
Millennials account for 30% of hotel and restaurant revenue
Hoteliers and restaurateurs estimate that a third of their annual revenue now comes from the millennial generation, according to new…
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Jun- 2018 -20 JuneHotel Brands
7% growth in the global hotel construction pipeline
There has been a 7% year-on-year growth in the global hotel pipeline according to a new report from a global…
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1 JuneEconomy
Heat wave ‘fails to warm’ profit levels at UK hotels
Profit growth at hotels in the UK failed to match the high temperatures in April, which led to a 0.9%…
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May- 2018 -23 MayHotel Brands
EasyHotel posts sustained profit and revenue growth
EasyHotel has announced that it has seen its pre-tax profits and revenues jump by over 50% for the six month…
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4 MayHotel Brands
Millennium & Copthorne sees Q1 profits double
Millennium & Copthorne Hotels has seen its profits double to £26m in the first quarter of 2018. This is despite…
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4 MayEconomy
Record growth in £1m homes boosts hotels sector
Record growth in property values in Cheltenham and the Cotswolds will help maintain momentum in the region’s hospitality sector, according…
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2 MayHotel Brands
PPHE’s Q1 revenue up 3% thanks to occupancy rise
PPHE Hotel Group, the international hospitality company, has reported a 3% increase in revenue to £59.4m mirrored by an increase…
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