3 September 2020 - interim results

The international hospitality real estate group has released interim results for the six months ended 30 June 2020.  Although the year had started well, the impact of Covid-19 had an obvious impact.  Reported total revenue slumped to £61.9m (2019: £155.3m) and EBITDA for the period was a loss of £3.3m (2019: £45.7m).  More recently prospects have become a little brighter and 84% of the company's property portfolio is now open.  Of particular note, there has been a sharp rebound in performance seen for weekends in flagship properties in London . . .

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