Hotel Directors Meeting March 2020

QUORN GRANGE HOTEL

SMT COMMENTARY and REVIEW OF TRADING & ACCOUNTS AS AT 29 Feb 2020

Tim Marshall

TBA - separately

Ian Richards

TBA - separately

Accounts Commentary and Major variance analysis

The table below summarises the Actual results for the Hotel to date.

HOTEL BUDGET v ACTUAL NET PROFIT/(LOSS) 2020 January February 2020 BUDGET (16,238) 887 ACTUAL 2020 (32,699) (416) Variance (16,461) (1,303)