Treacle15 Aug 2013 19:42
I would think the debt facility will outweigh any short term results. There will be consolidation of national hotel companies in the UK to benefit from shared central costs and leverage on purchasing agreements, also with continuing sales from Internet and tablet/smart phones, it makes sense for these smaller companies to merge to pool costs of SEO and online reservation platforms. You will in the next few weeks see a significant merger of two players, I think long term Puma with no real brand awareness since Barcelo left will get a TO from another UK national.
I'll watch this one with interest and see if I can find out any hints on trading, will let you guys know.