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profits and turn over rise at Macdonald Hotels

(18 December 2001)

MACDONALD Hotels has reported a pre tax profit of £7.5 million for the six months ending October 4, an increase of 7% compared to the same period last year.

Turnover was £70.4 million, up 81% on last year’s figure while room yields increased by 13% to £41.59.

The Scotland-based hotel chain put its success down to the performance of Heritage Hotels, which it acquired earlier in the year with the Bank of Scotland.

 

John Lavabre