financials
Marriott reports $3.7bn in revenue during Q2 2015
Marriott International reported a 25% increase in net income during Q2 2015 when compared to the same period last year. Revenues for the group totalled approximately US $3.7 billion in […]
Moneyball: Big Data and Raising Your Hotel Company’s Batting Average
This viewpoint is about money and baseball. Hotel company financial executives are like the general manager of the baseball team in Michael Lewis’ book, Moneyball: The Art of Winning an Unfair […]
PPHE reveals double digit revpar rise
PPHE Hotel Group saw increased revpar of 13.9% to £75.50 (€102.30) as revenue rose by 12.5% to £45.4m (€61.5m) in the first three months of the 2015. The group, which […]
Millennium & Copthorne posts like-for-like profit boost
Millennium & Copthorne Hotels has posted an increase in like-for-like pre-tax profit and revenue in its Q1 results, despite suffering a 5% drop in profit before tax overall, which it has […]
Peel Hotels returns to the black as revenues rise
Peel Hotels achieved a “creditable improvement” in the financial year to February 1 with revenues up by 6.1% year-on-year to £16.4 million. The UK group saw pre-tax profits of £800,000 […]
Confidence in disposable income at four-year high
UK consumers displayed their highest level of confidence in disposable income in three years in the first quarter of 2015, according to the latest Deloitte Consumer Tracker. Deloitte’s Q1 2015 […]
Travelodge announces financial results for 2014
Financial Highlights · RevPar(1) up 16.8% to £34.24 (2013: £29.32); outperforming the market · Total revenue up 14.9% to £497.2m (2013: £432.6m) · Average room rate(1) up 15.1% to £45.33 […]
