Top-Line Growth Fails to Deliver Profit

The UK hotel industry is off to a rough 2019. At least on the profitability spectrum. A slight increase in RevPAR in February was not enough to push hotels into the black, as the UK suffered a second consecutive month of profit decline, according to the latest data tracking full-service hotels from HotStats. GOPPAR for the month settled in at £35.44, a 4.4-percent year-over-year decline. This continued the downward trend in this measure since the start of 2019. Despite the 0.5-percent increase in RevPAR, non-rooms revenues dropped by 0.4 percent in the month to 36.2 percent of total revenue. The drop in ancillary revenues included declines in Food…