• Peel turns the corner

Peel Hotels saw revenues up 4% in the first half of 2014, at GBP8.56m. Operating profit was up 47.4%, with revpar up 8.3%.

Peel has reduced net debts by GBP380,000, while carrying on a planned refurbishment programme at the group’s hotels. Chairman Robert Peel expects the recent positive performance to continue to improve. 
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