PowerPoint Presentation

Financial Performance 2017

Amounts are in OMR 000 ’ Summary P&L

Actual 2017

Budget 2017

Actual 2016

7,556

Actual 2016

64%

64%

58%

Average Occupancy

22,444

93

94

92

Average Daily Rate

59

59

53

RevPAR

8,759

Budget 2017

13,852

13,883

12,385

Rooms Revenue

24,927

10,212

10,090

9,144

F&B Revenue

1,026

954

915

Other Dept. Revenue

8,794

Actual 2017

25,090

24,927

22,444

Total Revenue

25,090

8,794

8,759

7,556

Gross Operating Profit

Actual 2017

Budget 2017

Actual 2016

35%

35%

34%

GOP%

9,006

8,778

7,137

EBIDTA

Gross Operating Profit Gross Operating Revenue

8,794 8,759 7,556

47%

Flow Through over PY*

25,090 24,927 22,444

*In 2016 SLMU had two extraordinary credits, reversal of Management Fee and bonus provision totaling to RO 552K. Similarly in 2017 there was a credit for management fee reversal of RO 100K. Without any of these extraordinary reversals GOP flow through in 2017 over PY was 64% .

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