financials

Carlson Rezidor: Like-for-like RevPAR for leased and managed hotels was up by 8.7 percent. The growth, which is the highest since Q3 2010, is due to an increase in average […]

Overall fundamentals look good for Japan, and most people in the industry expect strong performance ahead. Most main stakeholders in the Japanese hospitality industry remain positive about market conditions across […]

The PPHE Hotel Group has announced a strong overall performance in its financial results for the first half of the year, including a boosted revenue but a fall in profit […]

A higher contribution from joint ventures and associates and lower costs helped push up half-year profits at Millennium & Copthorne Hotels. The pre-tax profit was up by £4 million to […]

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 […]

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 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 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 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 […]

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 […]