Fuller’s delivers on all fronts Fuller, Smith & Turner has reported comprehensively on the 26 weeks ended 29 September 2012, a period that indicates continuing growth, progress and performance. Financial Performance • Revenue up 8% to £137.9 million (2011: £128.2 million) • Adjusted profit before tax up 4% to £17.1 million (2011: £16.5 … [Read more...]
Search Results for: hotel acquisition
New Kensington late-night venue for Adam and House
Acting on behalf of Piers Adam and Nick House, leisure property advisors Davis Coffer Lyons has acquired the former Casino at the Royal Garden Hotel at 2-24 Kensington High Street, London W6 on a new 25 year lease at a passing rent of £450,000 per annum exclusive from the owners, the Royal Garden Hotel. Piers Adam and Nick House have applied for a new late-night premises … [Read more...]
Marriott International: third quarter 2012 results
Highlights • Diluted earnings per share (EPS) totalled $0.44, a 52% increase over prior year adjusted results • During the third quarter, the company completed the sale of its equity interest in the Courtyard joint venture resulting in cash proceeds of $96 million and a $41 million pre-tax gain • North America comparable company-operated REVPAR rose 7.0% in the third … [Read more...]
Successful year for Shepherd Neame
The Kent-based brewer and pub operator, has announced its results for the 53 weeks ended 30 June 2012. Financial performance: Turnover up 9.6% to £133.0m (2011: £121.3m) Operating profit before exceptionals up 3.7% to £12.7m (2011: £12.3m) Profit before tax up 39.7% to £9.1m (2011: £6.5m) Basic earnings per £1 share up 58.7% to 54.6p (2011: … [Read more...]
Solid first half for Accor
Accor has reported good performance across all segments, led by steadily rising prices: First-half revenue up 3.6% like-for-like, reflecting improvement in RevPAR and led by the growth in prices across every segment and the sharp increase in Management and Franchise fees. • 20.1% increase in management and franchise fees over the semester • Record expansion in the … [Read more...]