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Giving you valuable insight into what shapes the hospitality and leisure industry
In these competitive times, it is essential to quickly know what`s happening in your industry. Our products are designed to help senior executives make informed business decisions, assess risk and generate future opportunities. Using our impressive network of business commentators both in the UK and abroad, we can guarantee you get to hear the news ahead of your competitors and give you in-depth analysis and commentary on the industry implications of all the important issues. |
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| US sees ongoing declines 02/07/2009 |
| The US hotel industry posted declines in all three key performance measurements during the week of 21 June to 27 June, according to data from STR.
In year-on-year measurements, the industry’s occupancy fell 8.7% to end the week at 65.4%. Average daily rate dropped 9.5% to finish the week at $97.49 (£58.84). Revpar for the week decreased 17.4% to more » |
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| Greene King PBT -15%, recent trading strong 02/07/2009 |
| Greene King, the brewer and pub operator, has this morning reported a 15.0% fall in pre-tax profits to £118.5m on sales up 1.3% to £954.6m.
The company described the figures for the 52 weeks to 3 May as a resilient performance it what had proved to be one of the toughest trading periods for many years.
Like-for-like sales at its 780-strong more » |
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Inside Track |
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| War escalates between owners and brands 28/06/2009 |
| Iran. North Korea. The Four Seasons Aviara in Laguna Beach, California.
Not to trivialise the first two global hot spots but in the context of a luxury resort, the battle over the Aviara is indeed epic – and may be a foreshadowing of similar confli more » |
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| Start of end game for sector’s debt issue 28/06/2009 |
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It is one of the first questions senior executives ask of each other these days: “so, what sort of debt problem have you got and how are you dealing with it?”
Occasionally, one of those under interrogation will look back blankly, denying any kno more » |
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