Elegant Hotels Group Plc announced unaudited operating and financial results for the six months ended 31 March 2017. For the six months the company reported revenue of $35.8 million against $36.5 million a year ago. Operating profit was $12.603 million against $17.732 million a year ago. Profit before taxation was $11.513 million against $16.986 million a year ago. Basic and diluted earnings per share were 10.3 cents against 15.3 cents a year ago. Adjusted EBITDA was $15.3 million against $16.7 million a year ago. Adjusted profit before tax was $12.2 million against $14.4 million a year ago. Adjusted EPS was 11 cents against 12.9 cents a year ago.

For the six months, the company's occupancy rates was 66% against 69% a year ago. ADR of $425 against $464 as year ago. RevPAR was $279 against $320 a year ago.