Forte
Article Abstract:
Forte saw a recovery in profits in 1995 with increase spending per capita in restaurants and good performance from the company's hotels, especially in London. Forte aims to boost its brand in the provinces to meet increased competition. Meridien is being integrated into the group and Forte Grands are being converted to Meridien establishments. Forte has improved its finances in the year to April 1995 and its prospects are better. The company's shares are seen as fairly priced in April 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Highland poised for seasonal growth
Article Abstract:
Scottish Highland Hotels tends to perform better in the second half of each year, and this will be especially true for 1997 due to the completion of a refurbishment program. The company's stock price dropped from Feb 1997 due to concerns relating to the hotel sector as a whole. The company has funds for an acquisition and has good occupancy rates and good return on capital. The company's pre-tax profit is forecast at 3.4 million pounds sterling for 1997 by Bell Lawrie White.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Regal Hotel: back from the brink
Article Abstract:
Regal Hotel has been revived by a capital reconstruction and a new management team since the company's problems in 1992. Regal has acquired 10 hotels from 1993 to 1995 and has increased occupancy rates to 58.5% in 1994, a 4% rise on 1993. The company could still increase occupancy rates and prices, which should help profits due to the high levels of fixed costs in the hotel business. The company's shares are recommended for investors in Aug 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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