EC Meeting Papers January 2020

Hotel Report for EC Meeting

December – trading throughout December remained strong with Christmas parties and functions throughout the month with both Christmas day, Boxing Day brunch and New Year’s Eve all fully booked several months ago. We have received many compliments relating to all the various functions and speciality events and we have guests booking for next year’s events on departure. We suffered several cancellations due to the elections and illness to a Prison Officers function which has been rebooked for the New Year. GFTU cancelled courses for the 9 & 10 th of December and in January the 8 th and the 12 th . Total revenues for the month of December were £160 K compared to 2018 of £118 K this a 27% increase on last year. Accommodation sales were £72 K against 2018 of £47 K again this is an increase of 35% year on year. Food and beverage sales due to the larger function space produced sales of £81 K compared to last year of £66 k again an increase of 20% year on year. During the month we were unable to secure any weddings for December due mainly to the continued building work for the past 18 Months. Sundry revenues of £4500 K remained constant with 2018 which is disco hire and other sundry items. January - the first 5 days of January has been quiet in spite of aggressively flexing room rates based on monitoring local competition. From Monday the 6 th the business has changed with over 100 room reservations booked on line over the past 36 hours. Both Conferences and events are strong for January. I have attached function sheets for Week commencing the 5 th January and the 13 th January.

The 2020 budget is attached for approval.