
Balance Sheets since 2023
Bad Salzuflen. Maritim announces a decline in revenue during 2016. The financial year in Germany was very pleasing. The group started a renovation offensive and announced new projects.
Munich, Madrid. Excellent mood at Motel One and NH Hotel Group. The German budget group concluded the year 2016 with a pre-tax profit of EUR 120 million, the Spanish NH Hotels posted profits from ordinary operations of EUR 11 million. Both groups sees themselves strategically on the right track.
Paris, Rockville, Denham. Whether AccorHotels, Choice or IHG: The financial results 2016 don't surprise any more. Despite challenges in a few markets, the CEOs' outlook is optimistic.
Augsburg. 2016 was a year of contradictions, ups and downs, as the financial results of the global hospitality players Hilton, Hyatt, Marriott, Rezidor and Wyndham show.
Hanover. Despite the severe geo-political challenges in some Mediterranean markets, TUI Group raises its operating profit guidance for the 2015/16 financial year and reports positive outlook for winter. RIU and the Cruises division have significantly contributed to this result.
Wiesbaden. While most hotels and hotel groups still announce positive results, tour operators started to suffer under the terror attacks and riots of these days. This is underlined by the H1 results of H-Hotels, Motel One, Grand Hotel Bad Ragaz, Orascom, Pandox and TUI.
Wiesbaden. Belmond, Choice Hotels, Design Hotels, Hyatt Hotels, IHG, Meliá Hotels and NH Hotel Group: All companies reported solid 2016 first half results and are convinced of a bright future. The big success of the Spanish companies is partly based on the changed travel behavior caused by terrorism.
Wiesbaden. First half results of the global players AccorHotels, Hilton, Marriott, Starwood Hotels and Rezidor generally meet the expectations but they are negatively influenced by some unforeseen slumps in important markets. Overall, growth slows down.
Munich. The business division Hotel of the Schoerghuber Group developed slightly positive in 2015 and expanded during the reporting year with two aloft hotels in Munich and Stuttgart. Still, the divisions Construction, Real Estate and Beverages remain as the solid business pillars.
Palma de Mallorca/Munich. The Spanish company Barceló Hotels presented its new multi-brand strategy this week along with its new company structure. Last year, it co-founded a new REIT. It also separated holding and operations into two distinct companies. The Barceló Hotel Group has thus become an owner-operator. This allows Spain's third largest hotel group to push expansion forward much more rapidly. BHG would also like to acquire smaller groups. And the company has big plans in Asia too: 100 hotels under franchise with Plateno. "We want volume," Raúl Gonzáles, CEO Europe, Middle East & Africa, said last Tuesday in Munich.