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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Apr- 2018 -19 AprilHotel Brands
AccorHotels posts strong revenue growth in Q1
AccorHotels has posted strong revenue growth for the first quarter of the year with a 9.7% like-for-like increase to £551m.…
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3 AprilHotels
Profit per room for UK hotels falls in February
Year-on-year profit per room at UK hotels fell by 5.1% in February 2018, as cost increases continue to accelerate. However,…
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Mar- 2018 -28 MarchHotels
Continued growth expected for global hotel inventory
Global hotel inventory has increased by 17.7% over the last 10 years. Hotel benchmarking and analytics platform STR said the…
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19 MarchHotel Brands
Travelodge beats expectations with 6.6% revenue jump
Travelodge has reported a 6.6% increase in revenue to £637.1m, outperforming the STR MSE segment by 0.7%. The group attributed…
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8 MarchTechnology
OTA Insight launches ‘Revenue Insight’
Cloud-based data intelligence platform OTA Insight has launched Revenue Insight, a new hospitality business intelligence solution. The platform allows hoteliers…
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6 MarchEconomy
PwC forecasts weaker growth for next two years
The latest figures from PwC’s UK hotels forecast show a more modest outlook for 2018 and 2019, thanks to the…
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1 MarchHotel Brands
NH Hotel Group exceeds all financial targets, tripling recurring net profits
NH Hotel Group has reported that it has exceeded all of its financial targets for the year, including tripling its…
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Feb- 2018 -27 FebruaryHotel Brands
Dalata Group reports €77.3m profit before tax for 2017
Irish hotel group Dalata has posted a strong 2017 performance including €77.3m (£68.3m) in pre-tax profit. The 75% increase compared…
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27 FebruaryHotels
Scottish hotel sector reports healthy growth
Tourism and hotels have defied expectations to deliver significant growth in Scotland, despite the uncertainty that Brexit has subdued performance…
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21 FebruaryHotel Brands
AccorHotels posts 66% increase in profits for 2017
AccorHotels has posted a strong increase in its profits for 2017, driven by “robust business and very dynamic development”. Europe’s…
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