EC Papers September 2018

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

7 Months

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

June

July

Totals

2014 2015 2016 2017 2018

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

117,353 112,281 127,392 144,565 125,722 93,968 112,411 104,985 124,536 128,433 130,683 155,763 145,462 157,550 147,123

572,679 617,324 553,189 634,051 721,657

7 Months

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

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

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

March 2,999 7,896

April 6,875

May

June

July

Totals 30,962 31,470

2014 2015 2016 2017 2018

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

19,123 23,347

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

18,504

(14,559)

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

(14,549) (16,489)

(137,131)

(6,215)

(3,286) (119,459)

11,191 10,860

(86,538)

Profit

Monthly Depn

Excl Depreciation

6,230

2018

-37,395

-17,294

-33,447

4,167

17,390

17,421 17,090

-49,158

7 Months

HOTEL BUDGET v ACTUAL NET PROFIT/(LOSS) 2018

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

February (21,738) (23,524)

March 2,340

April

May

June

July

Totals (4,291) (86,538) (82,247)

2018 BUDGET 2018 ACTUAL

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

3,947

11,146 12,521 11,191 10,860

(39,677) (42,017)

11,160

(1,786)

7,213

45

(1,661)

Variance