Category: Leisure travel
London hotels pants in October…
The facts as we know them: STR has released preliminary data for London hotels in October It says an increase in supply (+2.9%) met a decrease in demand (down 1.2%) This led to a 4.0% decrease in occupancy Rate fell by 7.7% and REVPAR was some 11.4% lower Comps are tough, the Rugby was on…
Margin watch. Rising costs threaten profitability over the medium term…
Some costs are rising but the CPI isn’t… Labour & commodity prices up, CPI stuck at 0.3% The oil price has doubled in 3mths, sugar is +71% on a year, OJ is +41% Soybeans are +19% & even coffee, corn & pigs (+6%, +9%, +15%) cost more NLW and NMW are jacking labour costs by…
Euro 2016: Blessing or Blight….
Football benefits wet-led pubs. For virtually all other operators, it’s a negative Pubs: Wet led pubs perform strongly over football tournaments, food led units do not. Sports-led units will clearly perform well. Chameleon bars run the risk of alienating both groups of customers. Hence it’s not just a case of plugging in ‘football’ and getting…
Whitbread H1 Analysts’ Meeting
WHITBREAD (WTB): 4725p H1 numbers: Analysts’ Meeting: Group reports it is on course to deliver results in line with expectations… Year to end-Feb PBT (£m) EPS (p) PER (x) DPS (p) Yield (%) 2015 (E) 480.9 211.6 22.3 81.8 1.7 2016 (E) 542.0 239.8 19.7 91.4 1.9 2017 (E) 613.0 270.0 17.5 103.2 2.2…
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