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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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| KHI sees H1 Ebitda rise 28/08/2008 |
| Kingdom Hotel Investments this morning reported a 36% increase in first-half Ebitda to $20.5m (£9.8m), crediting diversification into markets such as Asia.
Asia now represents 43% of reported hotel revenues for the group, against 21% in 2007, after KHI acquired five properties last year.
Sarmad Zok, the group’s chief executive, said: “Our div more » |
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| Diageo sales up by 7% 28/08/2008 |
| Diageo – the world's largest drinks producer and the brewer of Guiness – today revealed it had achieved a 9% increase in operating profit thanks to an increase in sales in Africa and Latin America.
The company said a 7% rise in net sales from £7.4bn to £8bn for the year ending June 30 had delivered an operating profit of £2.2bn – up from £2.1bn more » |
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Inside Track |
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| US Act of faith in tourism 24/08/2008 |
| Reductions in the VisitBritain budget continue to bring despair to the tourism industry here. For corroboration of the damage done by insufficient national tourism marketing – as well as possible solutions – tourism interests might look across the At more » |
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| Assessing the industry outlook 24/08/2008 |
| “Generally it’s going to be a lot brighter than we have seen recently,” says Sarah Holland of the Met Office.
According to the latest forecasts, as large swathes of the UK return to work, and the kids go back to school, the damp conditions of Augu more » |
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