Elegant Hotels Group plc Announces Unaudited Consolidated Operating and Financial Results for the Six Months Ended 31 March 2019; Provides Earnings Guidance for the Year 2019
For the six months, overall occupancy grew by one percentage point to 68% against 67% a year ago. This was driven by Treasure Beach and the all-inclusive properties; Crystal Cove, Waves and Turtle Beach. Targeted discounting drove higher occupancy at Treasure Beach and Turtle Beach.
As a result, the Group remains comfortable with the 2019 outlook versus market expectations and confident in the Group's longer term prospects.