• MWB predicts Q4 rise

MWB Group said that third quarter trading at Malmaison and Hotel du Vin was ahead of the same period last year, with fourth-quarter Ebitda expected to be ahead of 2009.

Although the group opened no new sites during the period, it is investigating sites in Venice, Rome and Amsterdam and is in advanced negotiations for an operating and management agreement in Paris. In addition, discussions continue with regard to further potential opportunities in Europe and the US.

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