Choice Hotels Europe appoints new chief executive

20 September 2006
Choice Hotels Europe appoints new chief executive

Choice Hotels Europe

Prager, who was chief operating officer at CHE, will take up his role immediately, with previous chief executive David Cook remaining as an executive director until retires on 30 November.

Prager has worked as managing director of reservation company Utell International, senior vice-president of sales at InterContinental Hotels and as vice-president operations for Radisson Europe.

CHE has opened four hotels so far this year taking its total in the UK, Belgium, France and Germany to 60.

Turnover was up 1.1% year-on-year at £27.6m (£37.2m) in the six months to 30 June, pegged back by extensive refurbishment work across the estate and the resulting temporary loss of bedroom stock.

Pre-tax losses increased to £4m compared with £1.8m a year ago, although most refurbishment work is now complete and the new management team expects the benefits of the changes to show in 2007.

In January, CHE received an equity injection of £18.6m to continue upgrading its existing hotels and to accelerate Sleep Inn development.

It plans to open around 60 mid-market full-service Sleep Inn hotels across Europe within the next five years.

Choice Hotels Europe recruits four new managers as part of £35m development plan >>

Choice Hotels Europe chief executive to retire >>

CHE to be more "aggressive" in the market >>

By Chris Druce

E-mail your comments to Chris Druce]( Hotels Europe appoints new chief executive) here.

Get your copy of Caterer and Hotelkeeper every week -

[Sudoku]( "A new puzzle every day!") Join the craze and play Sudoku online!
[Newswire For the latest hospitality news, sign up for our e-mail news alerts.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

As a current holder of the Queen’s Award for Enterprise, Jacobs Media Group extends its condolences on the passing of Queen Elizabeth ll.

Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking