Provincial UK Hotels enjoy Gross Operating Profit growth of 4.8% (rolling 12 months to August 2017)

Not quite as strong growth as on the revenue line, but in a world of low inflation, sterling devaluation, minimum wages, new pension obligations etc., most owners (not to mention their lenders and their operators) will be happy enough. This is an interesting analysis of the well respected HotStats database by Knight Frank; your own review may throw up some interesting benchmarks of your hotel business or your clients'. As always, beware because averages can and do hide a continuum of different actual results so perhaps dangerous to draw industry-wide conclusions.

Ian

39767_knight-frank-hotel-q3-2017-bulletin.pdf
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