glasgow airport logoVisit Airport HotelsVisit Airport ParkingClick to Return to homepage
 

Glasgow Airport Guide

  
 
  
Glasgow Airport Guide
 

Shares suspended of Glasgow Airport hotel operator

16.01.09

The Real Hotel Group has suspended its shares on the Aim stock exchange pending clarification of the its financial position, businesstravelworld reports. The group operates more than 50 hotels including the Purple Hotels budget brand, which has properties in Birmingham, Cambridge and at Glasgow Airport.

In a trading statement earlier this week, the company said that data for the first seven days of January indicates a reduction in revenue from its continuing operations of 34% compared with 2007. It said this mainly resulted from a reduction in occupancy and related food sales.

In a statement the hotels company said: ‘Early indications suggest a slower return to work by corporate customers after the Christmas period has impacted the above results. As a result, the group is actively considering its financial position and is in discussions with its bankers, which are expected to be concluded shortly. Should these discussions not be successful, the group will be forced to consider all options.’

The company had already revealed that revenue for the year to 1 January from continuing operations had fallen from £68m to £63m.

Add to: del.icio.us | Digg it | Newsvine | NowPublic | Reddit

To book a hotel glasgow airport or parking glasgow airport at the lowest price, click on these links to two great glasgow airport hotel and glasgow airport car parking price comparison pages.

 

More Coming Soon
Glasgow Airport News
Glasgow Airport Airline Contact Details
Glasgow Airport Directions
Glasgow Airport Plane Spotting
Glasgow Attractions
Glasgow Airport Technical Data

 
 
Glasgow Airport Services
 

Glasgow Airport Parking
Glasgow Airport Hotels
Glasgow Airport Lounge
Foreign Currency Glasgow Airport
Glasgow Business Services
Resources

 
 
Other Airport Guides

Belfast Airport
Birmingham Airport
Bristol Airport
Cardiff Airport
East Midlands Airport
Edinburgh Airport
Gatwick Airport
Heathrow Airport
Liverpool Airport
Luton Airport
Manchester Airport
Newcastle Airport
Stansted Airport
World Airports
UK Airport News

 
Useful Websites
Hotel Glasgow Airport
Parking Glasgow Airport
 

contact us : about us : privacy : site map

© TMC Ltd