SLH group sees 25% revenue surge

The 400-strong independent group Small Luxury Hotels of the World (SLH) recorded a 25% surge in revenues from reservations over the past year, according to its latest financial figures. The rise is to almost £46m is supported by a climb in total reservations of 16%, while the average daily rate grew to to £173 per night, just less than 10% against 2005's figures. "Our mission to find the very best hotels around the world that will deliver unique experiences to a very discerning group of guests is working well, as the numbers indicate,” said SLH joint managing director Paul Kerr. SLH includes 26 English and nine Irish properties in its portfolio. Kerr added that while London and Paris continued to deliver the highest revenue for the group, Germany, Italy (specifically Florence and Venice), Ireland and Thailand showed significant improvement over the previous year. With a weakening dollar and fewer Americans travelling further afield, the US was the number one destination in 2006, followed by the UK and France.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
LIVE UPDATES: Which international events are being cancelled

LIVE UPDATES: Which international events are being cancelled

All the latest postponements and cancellations as the world deals with the spread of coronavirus.

How to make your events business more resilient

How to make your events business more resilient

Sun Tzu and Charles Darwin gave some advice that still rings true today, says Aonia’s CEO Daniel Chua.

'Small, medium or large - all agencies will be feeling the same shocks'

'Small, medium or large - all agencies will be feeling the same shocks'

Cheerful Twentyfirst boss talks about the challenges of going through an acquisition in the middle of the coronavirus crisis.

How can the events industry recover from the impact of coronavirus?

How can the events industry recover from the impact of coronavirus?

Nearly 2,000 event professionals contributed to C&IT's Impact of Coronavirus Report and gave their thoughts on what the future holds.

Coronavirus: Your furlough questions answered

Coronavirus: Your furlough questions answered

Experts answer key FAQs about the tricky decisions businesses need to make around furloughs and offer guidance on the job retention scheme.

Global venues being transformed into field hospitals

Global venues being transformed into field hospitals

Which international convention centres are becoming temporary hospitals to manage spikes in coronavirus cases?

5 ways events will change after coronavirus

5 ways events will change after coronavirus

WRG’s Ben Atherton predicts how the industry might adjust when normality returns to live events.

Majority of event professionals fear job cuts

Majority of event professionals fear job cuts

Part four of C&IT’s global Impact of Coronavirus Report, we find out which regions are most concerned about job security.

In pictures: Events industry joins nationwide NHS tribute

In pictures: Events industry joins nationwide NHS tribute

As the UK came together to thank frontline healthcare workers, venues did their bit to mark the occasion.

Fears freelancers will be forced into debt despite UK chancellor’s intervention

Fears freelancers will be forced into debt despite UK chancellor’s intervention

Relief for freelancers welcomed by HBAA chair amid concerns many will have to take out loans before a payout in June.