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Elegant Hotels' bookings rise

StockMarketWire.com

Elegant Hotels Group said trading since its interim results in June has remained in line with market expectations.

The group said that while it was only 12 days into its new financial year, it was pleased to report that bookings were currently tracking ahead of the corresponding period last year.

The group also confirmed that Treasure Beach hotel was on track to reopen for business at the start of the peak tourist season.

Treasure Beach is a 4-star, 35-room hotel in Barbados which the group acquired in May.

It said the project of refurbishing, repositioning and ultimately repricing the property was progressing to plan.





Story provided by StockMarketWire.com