EC Meeting Papers July 2018

QUORN GRANGE HOTEL FINANCIAL OVERVIEW (Jan 18 to Dec 18)

HOTEL SALES 2014-2018

January 75,891 71,508 65,457 69,680 84,943

February 75,521 83,912 78,246 88,225 107,994

March 99,170 101,137 104,534 86,334 107,822

April

May

Totals

2014 2015 2016 2017 2018

92,463 90,480 87,556 130,696 117,886

117,353 144,565 112,411 128,433 145,462

250,581 256,557 248,237 244,239 564,107

HOTEL NET PROFIT/(LOSS) PRIOR YEAR COMPARISONS 2014-18 January February March

April 6,875

May

Totals

2014 2015 2016 2017 2018

(7,522) (20,621) (50,664) (51,566) (43,625)

(13,452) (7,539) (27,882) (32,308) (23,524)

2,999 7,896

22,940 37,149 (6,470) (2,149) 11,160

(17,975) (20,265) (92,717) (108,874) (97,729)

(3,918) (23,395) (2,221) (2,063)

(14,172) (25,000) (39,677)

Profit

Monthly Depn

Incl Depreciation

6,230

2018

-37,395

-17,294

-33,447

4,167

17,390

-66,579

HOTEL BUDGET v ACTUAL NET PROFIT/(LOSS) 2018 January February

March 2,340

April

May

Totals

2018 BUDGET 2018 ACTUAL

(22,831) (43,625) (20,794)

(21,738) (23,524) (1,786)

22,847 (2,063) (24,910)

3,947

(42,230) (97,729) (64,596)

(39,677) (42,017)

11,160

7,213

Variance