The Coaching Inn Group has doubled Group EBITDA for the first six months of the year, across its 12-property estate, as turnover grows by 33%. The results, released this week, show Group EBITDA pre-exceptional items achieving a significant 57% increase to £1,041,495, compared to £665,376 last year. Turnover was up 33% to £8,406,946, against £6,343,420 for the same period … [Read more...]
AccorHotels: Q3 Trading Update
Third-quarter 2016 business activity was strong in the majority of the Group’s markets. Revenue totaled €1,538 million, up 1.8% at constant scope of consolidation and exchange rates (LFL), and up 3.0% as reported. Sébastien Bazin, Chairman and Chief Executive Officer of AccorHotels, said: "During the third quarter, AccorHotels has once again delivered a robust performance … [Read more...]
Marriott International illustrates travel trends with first Global Travel Tracker
Many people go on holiday to decompress, de-stress and take a mental break from the rigours of work. According to international respondents of the Global Travel Tracker released by Marriott Rewards, SPG and Ritz-Carlton Rewards, while a vast majority of people choose a nap over getting the heartrate pumping with a long run (67 percent vs. 33 percent), it’s not as cut and dry in … [Read more...]
The Carnegie Club at Skibo Castle appoints new Managing Director
The Carnegie Club at Skibo Castle, the private members club in the Scottish Highlands, has announced the appointment of Philippe Requin as its new Managing Director. The retiring Managing Director, Peter Crome, will be taking up the position of Chairman continuing his association with the world famous property. Philippe Requin is highly respected in the industry having … [Read more...]
Hilton London Bankside wins at Splendid Hospitality awards
Splendid Hospitality Group recently held its annual awards to celebrate its portfolio of 20 hotels and the unique personalities that work there. With a total of eight awards, the privately owned hospitality group designed each category to champion the hotels that continue to innovate, and the individuals who go above and beyond in their role, inspire, support, innovate and are … [Read more...]