RE: PAS. Silence.21 Feb 2020 09:27
Trent
I was thinking just the same re (s)pas, looks like we were rather used doesn't it ?
WRT the floods, other side of the coin is how many of their properties suffered that could be well renovated much less expensively than usual with some of the cash coming in from insurance claims ? A longer term picture than next results though, of course, but possibly something in the medium term, plus business interruption policy paying out as well, hopefully ?
I don't have many Mars properties where I live (London) but some I have seen in the Midlands , South West and Wales were very variable, some really nice but others begging for an upgrade. It is always best, imo, in having a certain level which you come to expect across a chain to encourage repeat visits.