A Lake District hotel group has appointed a new general manager to take the helm of two of its most popular four star venues. English Lakes Hotels Resorts & Venues has promoted Matt Stanaway, currently general manager of The Midland in Morecambe, to take responsibility for both The Wild Boar Inn Grill & Smokehouse in Windermere and the Lake District's only four-star … [Read more...]
Europe hotel results for February 2015
The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for February 2015, according to data compiled by STR Global. Year-over-year February 2015 figures for Europe (U.S. dollars, Euros and British pounds): Europe % change Occupancy 62.6% +3.1% ADR (U.S. … [Read more...]
A.G. Barr profits up 10% in difficult market
A.G. Barr p.l.c., which produces and markets leading brands, including IRN-BRU, Rubicon and Strathmore water, has announced its final results for the 12 months to 25 January 2015. Key Points Profit on ordinary activities, before tax and exceptional items, increased by 10.0% to £41.9m(2014: £38.1m) Total turnover increased by 2.7% to £260.9m (2014: £254.1m); stripping … [Read more...]
TripAdvisor unveils the world’s best rated destinations
Marrakech has been named the best rated destination in the world for the first time in the seventh annual Travellers’ Choice awards for Destinations, announced by TripAdvisor. The TripAdvisor Travellers’ Choice awards for Destinations reveal the best rated destinations in the World, Europe and UK each year, based on the millions of reviews and opinions from TripAdvisor … [Read more...]
Fevertree results lead to confidence
Fever-Tree, the world’s leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, has announced its Preliminary Results for the year ended 31 December 2014 showing a 49% increase in revenues and 48% increase in EBITDA. Financial highlights Revenue up 49% to £34.7m (2013: £23.3m) Adjusted EBITDA up 48% to £10.0m (2013: £6.7m) Gross … [Read more...]