Weak performance of Guernsey hotels hurts CI Traders

23 January 2006
Weak performance of Guernsey hotels hurts CI Traders

CI Traders, the former owner of the Blubeckers restaurant chain, said a strong performance at its pubs and restaurants had not off-set weaker trading at its hotels.

In a trading update today, the Channel Island-based group said its hospitality division had generated turnover growth of 4.4% in the 21 weeks to 24 December 2005.

This saw like-for-like sales increase 2.2% in the period, with a strong performance at its Jersey pubs and restaurants offset by declining bookings at its Guernsey hotels.

CI Traders added that its St Pierre Park hotel in Guernsey had been particularly badly hit due to uncertainty over the property's future.

Overall, its hospitality division's trading profit is ahead of last year, thanks to a reduction in administration costs and the improved performance of its businesses in Jersey.

By Chris Druce

Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.

Sudoku Join the craze and play Sudoku online!
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 Group 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