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Record occupancy rate for Warwickshire hotel

05 August 2014 by
Record occupancy rate for Warwickshire hotel

A Warwickshire hotel has announced a record occupancy rate of 73%, with revenue rising 18% during the first half of the year to £3.9m.

The 119-bedroom Coombe Abbey hotel in Binley, operated by No Ordinary Hotels, is now on target to achieve 75% occupancy by the end of 2014. Last year, the property achieved a revenue increase of 15%.

The growth in business has been accompanied from an increase in staff at the hotel from 212 in 2012 to 249 today.

Fraser Doyne-Ditmas, operations manager at Coombe Abbey, said that new innovations at the hotel, such as the installation of a permanent marquee last year, have helped to boost business. "The revenue rises and increases in occupancy rates are considerable above the current industry rates and show no signs of slowing," he said.

Located in 500 acres of parkland, the hotel was originally built in the 12th century as a Cistercian abbey and is a sister property to Lumley Castle in County Durham. Together, the two hotels hold around 400 hotels per year.

Compass Group reports 4% growth for Q3 >>

Millennium & Copthorne first half pre-tax profits down 14.9% >>

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