
Financial Results
London, Bad Salzuflen. 2017 was a good year for the hospitality industry as the results of IHG and German Maritim Hotel Group underline. Both companies remain positive for the year ahead.
Hamilton, Palma, Madrid. Caribbean hurricanes, decreases in Brazil and Catalonia: Belmond, Meliá and NH fought at different front lines. Nevertheless, both groups are satisfied with their financial results and confident for 2018.
Wiesbaden. AccorHotels, Choice, Hyatt, IHG, Rezidor and Wyndham announced 2017 full-year results. Not all of them increased their profit, but all of them are convinced of their strategies and optimistic for the future.
Bethesda, McLean, Stockholm. Marriott, Hilton, Pandox: Three global players reported full year 2017 results which reflect the positive atmosphere in the hospitality industry. Revenue, profit and EPS grow.
Wiesbaden. Despite the industry faced different macro-economic and geopolitical challenges during H1 2017, it experienced good results on a global basis. The CEOs of the companies stay optimistic. Here are the H1 figures of Belmond, IHG, Marriott and Orascom.
Wiesbaden. With Choice, Design Hotels, Hyatt, Meliá and Motel One, some more hotel groups announce their first-half year results 2017. All of them talk about a successful period.
Wiesbaden. AccorHotels, Hilton, Italian H.n.h. Hotels & Resorts, NH Hotel Group, Rezidor and Munich-based Schoerghuber Group reported their 2017 six-month results resp. the 2016 results – with satisfactory numbers all-over.
Stockholm. Pandox is reporting an increase in both cash earnings and net asset value during the first half 2017. This improvement was for example driven by a hotel market that remained strong, with an increase in occupancy and average prices in both larger cities and regional hubs during Q2.
Wiesbaden. Whether Hilton, Grand Resort Bad Ragaz or Orascom Development: Strong fluctuations in economic framework conditions and currency gyrations make the annual reports of internationally active companies or of hotels dependent on international guests more exciting than ever.
Freiburg. The two key equity participations of AEVIS VICTORIA SA, the Swiss Medical Network and the hotel group Victoria-Jungfrau Collection, secured operating and financial progress in financial year 2016 which is to be continued in 2017. The past year also was a great success for Design Hotels, now part of Marriott.