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- 2016 -25 AprilHotels
The Coaching Inn Group eyes expansion after profits soar 60%
The Coaching Inn Group has announced it is plotting further growth after it reported a 29% increase in sales in…
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20 AprilEconomy
Accor reports mixed first quarter results in UK
AccorHotels has reported mixed results for its UK hotels in the first quarter of the year, with regional properties outperforming…
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6 AprilEconomy
Profit levels plunge at York hotels following flooding
Profit per room at hotels in York has plunged by 41.5% in the first two months of 2016, as a…
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Mar- 2016 -21 MarchAdvice
ADVICE: Empty car park spaces can help drive additional revenue
Empty spaces in your hotel car park? You could be making £60,000 per year in additional revenue. Car parking is…
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10 MarchEconomy
PPHE Hotel Group reports 11.8% revenue jump
PPHE Hotel Group has reported an 11.8% jump in revenue to €302.5m (£233.6m), according to its audited annual results for…
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Feb- 2016 -19 FebruaryEconomy
Accor Hotels profits rise despite France slowdown
Accor Hotels has reported a 9.4% increase in net profit to €244m (£174m), despite a slowdown in France following the…
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16 FebruaryEconomy
Triple-digit growth from Asia drives UK hotel demand
A triple-digit growth in the number of tourists from Asia has helped drive a “significant” rise in hotel demand from…
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Jan- 2016 -21 JanuaryEconomy
CBRE: London hoteliers report 2% profit increase in 2015
London hoteliers have reported positive growth in 2015 contrary to forecasts at the beginning of the year, according to CBRE.…
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Dec- 2015 -16 DecemberOpinion
OPINION: Paying a fair wage can go hand-in-hand with growth
Understandably, there are concerns in the hospitality industry over the government’s introduction of a statutory minimum national living wage, as…
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Nov- 2015 -4 NovemberHotels
Revenues up 3% in Q3 for PPHE
PPHE Hotel Group has reported strong results in its quarter 3 (Q3) financial update as increased room rates helped to…
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