RevPAR in the second quarter was £85.55, up 1.1% in constant currency terms from £82.01 in the corresponding quarter of 2018. RevPAR for the first six months of the current year rose 0.2% in constant currency (CC) to £77.82 from £75.29 the year before.
Despite the increase in revPAR, the group’s second-quarter revenue eased 3.7% (CC basis) to £257mln from £260mln a year earlier.
For the first 21 days of July 2019, like-for-like group revPAR increased by 1.6% year-on-year.
Profit before tax in the quarter tumbled 12.5% (CC basis) to £35mln from £39mln in the second quarter of 2018.