Bass blames weaker UK market for hotel trade blip

01 January 2000
Bass blames weaker UK market for hotel trade blip

BASS hotels in Europe, the Middle East and Africa did not do as well between July and September as they did in the first six months of this year.

In a trading statement covering the first 48 weeks of 1999, the hotel and brewing company said this was because of a weaker market in the UK.

The group reported that its Inter-Continental hotel group continued to perform well, with revenue per available room (revpar) growth of 4.6% across the chain.

In North America, this increased by 5%, and in Europe it was 6.7%.

In North America, Bass said its Holiday Inn and Crowne Plaza hotels also continued to outperform the market by what it described as "a significant margin", with growth in revpar of 5.4% and 5.2% respectively.

For the Holiday Inn Express brand, this figure was 7.4%.

In Europe, the Middle East and Africa, where Bass has 454 hotels, revpar growth was lower at 1.4% for Holiday Inn and 4.3% for Crowne Plaza.

Chairman Ian Prosser commented: "I am pleased to report that we are continuing to see a good level of performance across all our businesses, with trading in line with expectations."

Bass has 2,109 mid-scale hotels in the Americas, with 301,475 bedrooms, compared with 2,032 hotels and 300,237 bedrooms a year ago.

In Bass pubs, total sales for the same 48-week period were up 5.4% on last year, with drink sales up 2.4% and food sales 9.6% ahead.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking