Elegant Hotels Group PLC Notice of Results (0234K)
06 April 2018 - 4:00PM
UK Regulatory
TIDMEHG
RNS Number : 0234K
Elegant Hotels Group PLC
06 April 2018
Elegant Hotels Group plc
Notice of Results
Elegant Hotels Group plc (LON: EHG), the owner and operator of
seven upscale freehold hotels and a beachfront restaurant on the
island of Barbados, will be announcing its half year results for
the six months ended 31 March 2018 on Tuesday 15 May 2018.
A presentation to analysts will take place at 9.00am at etc.
venues, 51-53 Hatton Garden, Clerkenwell, London, EC1N 8HN. Please
contact Powerscourt for further details.
Zeus Capital +44(0)203-829-5000
Dan Bate / Andrew Jones
(NOMAD)
John Goold (Broker)
Liberum Capital Limited
(Joint Broker)
Clayton Bush / Chris
Clarke / William Hall +44 (0) 203 100 2222
Powerscourt +44(0)207-250-1446
Rob Greening / Lisa Kavanagh eleganthotels@powerscourt-group.com
NOTES TO EDITORS:
Elegant Hotels owns and operates seven luxury freehold hotels
and a beachfront restaurant, Daphne's, on the island of Barbados.
The Group's portfolio currently comprises 588 rooms, making it
twice as large (by room number) as the closest competitor in the
Barbados luxury hotel room market. Six of the seven properties are
situated along the prestigious west coast of Barbados commonly
known as the "Platinum Coast". The properties are all freehold,
with a total aggregate plot size of approximately 23 acres and an
aggregate beachfront of 2,600 feet.
In the year ended 30 September 2017, the Group achieved revenue
of $59.9 million and EBITDA before non-recurring items of $18.1
million.
Together, the Group's seven existing hotels - Colony Club,
Tamarind, The House, Crystal Cove, Turtle Beach, Waves Hotel &
Spa and Treasure Beach - offer styles encompassing classic and
contemporary, family-friendly and adults-only. The Group also has a
management contract for Hodges Bay Resort in Antigua and a sales
and marketing contract for The Landings Resort & Spa in St.
Lucia.
The Group's strategy is to leverage its position as a leading
hotel operator in Barbados and to expand both on Barbados as well
as further into the Caribbean.
Investor website: http://www.eleganthotelsgroup.com/
Consumer website: http://www.eleganthotels.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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