Rch has about 1100 rooms , fy14 average occupancy was 650 , it appears about 400 of those have been lost and the nectar business completely lost. Their average room rates are about $100 per room per night. That's totally unsustainable. This figure will drift closer to $50 . The Hofco business may be the only profitable business in the stable for a while.
EBIT will be lower than there stated 10 - 12m, page-7
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