Profit Turns Positive in February – UK Chain Hotels Market Review – February 2010

The brief January profit freeze ended in February as trading for hoteliers in the UK thawed and turned positive, according to the latest HotStats survey from TRI Hospitality Consulting. UK Gross Operating Profit per Available Room (GOPPAR) grew by 6.8% in the month of February, back on the rising trend started at the end of last year, although growth still remains negative on a 12 month rolling basis.