Malmison and Hotel du Vin return to profit

20 September 2006
Malmison and Hotel du Vin return to profit

Malmaison and Hotel du Vin have retuned to profit in the six months to June, thanks to improving market conditions and tighter cost controls.

The group of 25 hotels recorded a pre-tax profit of £600,000 in the half year to 30 June, compared with a loss of £1m in 2005.

Robert Cook, chief executive of Malmaison and Hotel du Vin, credited the decision to bring the two brands under the control of one management team for improved profitability.

Turnover at the group improved 15% on a like-for-like basis, and with full contributions from the Henley Hotel du Vin and Oxford Malmaison 25% higher at £36.6m.

Cook said the company would be pushing ahead with its strategy of opening Hotel du Vin sites in locations already severed by Malmaisons, confident that their offerings and the type of customs they appealed to were different enough not to cannibalise sales.

Cities were sites have been secured for Hotel du Vins to complement Malmaisons comprise Glasgow, Newcastle and Edinburgh at present.

Hotel du Vin adds site in Cheltenham >>

One Devonshire Gardens to join Hotel du Vin >>

Manager of the Year - Robert Cook >>

By Chris Druce

E-mail your comments to Chris Druce](mailto:chris.druce@rbi.co.uk?subject=Malmaison and Hotel du Vin return to profit) here.

Get your copy of Caterer and Hotelkeeper every week -

[Sudoku](http://www.caterersearch.com/Articles/Article.aspx?liArticleID=302619 "A new puzzle every day!") Join the craze and play Sudoku online!
[Newswire For the latest hospitality news, sign up for our e-mail news alerts.
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 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