Business

What would the approximate turnover of a mid-range hotel in the UK be?

I just want a really rough idea on how much you'd expect to turnover if you were running a small-to-medium hotel in Great Britain...

rosenthalaar Tue 18/03/08 17:06

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Zacsmaster
Wed 19/03/08
13:51

Define small to medium? I would say this is 20 to 60 bedrooms, but you may mean a different figure. What Food & Beverage facilites (Restaurant, Bar etc?). Location - i.e. a town centre hotel will have a far higher turnover that a seaside one where business will be seasonal?

rosenthalaar
Wed 19/03/08
16:29

Question Author

I was thinking below 50 rooms, country hotel with a restaurant - any rough ideas on the turnover?

Zacsmaster
Wed 19/03/08
18:04

OK. Working on 75% occupancy rate throughout the year and an average room price of £120.00 per night this would be roughly £1.6 million.

Assuming your in a country location, your restaurant should attract about 75% of the guests per night. Assuming an average spend of £35 per night this would be roughly £.5 million.

Your income is therefore approx £2.1 million. To work out the potential profit simply deduct the overheads - Staff wages & N.I. contributions, utilities, rates, VAT bills per Qtr, stock (food & drink), crockery replacement, Maintainance of the premises, advertising, stationary, sundries etc.

Zacsmaster
Wed 19/03/08
18:04

Sorry, forgot to say - the above was worked out on 50 rooms.

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