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By SamANTHA McClary The hoisting of a 'for sale' sign above London's Claridge's hotel is being used to test the waters for the imminent sale of the entire Savoy Group, [...]

A switch to UK and European guests and returns on renovations to its hotels last year helped the Savoy Group boost profits by almost 13%. The group's pre-tax profit rose [...]

It will be next year before the Savoy Group's revenue per available room (revpar) and occupancy rates are back to where they were before 11 September, the company's new executive [...]

Major hotel chains in the UK have made no big changes to prepare for the New Year introduction of the euro as hard currency in Europe. Marriott, Travel Inn, Le [...]

The Savoy Group's hotels in London -- The Berkeley, Claridge's, The Connaught and The Savoy -- are offering savings of up to 35% through May 8, 2000. Priced at [pounds]199 […]

The UK hotel company Savoy Group should shortly become profitable again, according to its managing director, Giles Shepard. Savoy made a loss of 1.75 million pounds sterling in first half 1993, despite an increase in turnover to 37.8 million pounds sterling from 36.8 million pounds sterling. This was chiefly attributable to a 3.5% increase in operating expenses, which reached 36 million pounds sterling, boosted by heavy investment in marketing in the face of strong competition. Savoy dished up 3% more meals than in the year-earlier period, reaching 514,000 meals.