RHG Real Hotel Grp

    RNS Number : 5055L
  The Real Hotel Group PLC
  12 January 2009
   





    The Real Hotel Group Plc
    (the 'Group' or 'RHG')

    Trading Update 


    Further to the trading update issued by the Group on 9 January 2009, preliminary data for the first 7 days of January indicates a
reduction in revenue from its continuing operations (excluding discontinued business and sold hotels) of 34% compared with the equivalent
period in the prior year mainly resulting from a reduction in occupancy and related food sales. Early indications suggest a slower than
normal return to work by corporate customers after the Christmas period has impacted the above results.

    As a result, the Group is actively considering its financial position and is in discussions with its bankers which are expected to be
concluded shortly.

    Should these discussions not be successful, the Group will be forced to consider all options open to it.


    For further information please contact

 RHG Plc:                        020 8233 2001
 Michael Prager, Chief Executive
 Paul Mitchell, Chief Financial Officer

    KBC Peel Hunt (Nominated Advisor & Broker):    020 7418 8900
    Daniel Harris
    Jonathan Marren

 Adhoc PR:      020 7483 0030
 Deborah Parritt
        

This information is provided by RNS
The company news service from the London Stock Exchange
 
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