Worldwide briefing

23 May 2002 by
Worldwide briefing

Sol goes down

Spanish hotel group Sol Meli has recorded a 69% fall in net profits in the first three months of 2002 to €9.6m (£6m). Turnover dropped by 3.2% to €227.3m (£142.4m), while revenue per available room for all the group's hotels fell by 4.8% compared with the same period last year.

Low Seasons

Turnover and profit at Canada-based hotel company Four Seasons fell in the first three months of this year. Turnover dropped by 18.3% to Cdn$64.4m (£28.5m), compared with Cdn$78.8m (£34.8m) for the same period in 2001. Net profit was down by 54.7% to Cdn$7.7m (£3.4m), from Cdn$17m (£7.5m) a year earlier.

Swiss slide

The number of hotel overnight stays in Switzerland fell to 68.2 million in 2001, down by 0.9% on 2000, according to the latest figures from the Swiss federal statistics office. The number of foreign tourists staying in Switzerland was down by 8.1% during the year, with the greatest decrease being in the numbers of US and Japanese tourists, which were down by 14% and 15% respectively.

Hola, amigo

Sir Rocco Forte hosted the official opening of Rocco Forte Hotels' 117-bedroom Hotel Amigo in Brussels this week. The hotel has undergone a £13.5m refurbishment to restore it to its former five-star glory. It now has a new restaurant, bar, fitness room, ballroom to hold 200 people, and six new meeting rooms.

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