Macdonald Hotels & Resorts back in the red as cost increases bite September 9, 2024 Macdonald Hotels & Resorts slumped back into the red during its latest financial year as it battled a rise in its costs. The group, which is headquartered in East Kilbride, Scotland, has reported a pre-tax loss of £3.5m for the year to 28, September, 2023, after having posted a pre-tax profit of £44.5m in the [...]
Easyhotel chief hails ‘era of the mega-event’ as driving force behind bookings surge September 2, 2024 The boss of budget chain Easyhotel said the company had the rising cost of ‘mega-event’ tickets to thank for its recent surge in revenue, which rose by almost half in 2023. Karim Malak, who became chief executive of the British business just over two years ago, said the company had experienced a boom in bookings [...]