Financial Results

Financial Results

Hyatt, Marriott, Scandic: Results 2020 show the complete disaster
18.2.2021

Wiesbaden. The first international hotel chains published their 2020 annual financial statements, in which Corona leaves deep marks. Drastic declines in revenue and profits are also clashing with increased capacity. Nevertheless, most CEOs are confident that they have at least bottomed out.

Q3: Chains only recover in waves
5.11.2020

Wiesbaden. Hyatt, Motel One, IHG, Scandic and Wyndham published their devastating Q3 figures. Particularly in Europe, with its constantly new and changing travel restrictions, there is still little light on the horizon; in other regions, things are looking a little better in some cases. But giving up is not an option for anyone.

Choice, IHG, Marriott, Radisson, Wyndham: Continue saving after Q2, reduce staff
3.9.2020

Augsburg. Choice Hotels is quite satisfied with its results for the 2nd quarter 2020: The group performed better than the industry average, she says. IHG is also relying on returning travellers from the USA, but has nevertheless decided to reduce staff. In order to cut costs, Marriott has initiated delisting from the Chicago Stock Exchange. Radisson Hospitality and Wyndham are also struggling with significantly declining figures, but remain optimistic.

Accor, Hyatt, Motel One, NH: The corona crisis in figures
6.8.2020

Munich. Corona leaves deep financial wounds just four months after its arrival in Europe. The virus has stopped the success story of Motel One and has caused a million-dollar shortfall just as Accor has caused a billion-dollar shortfall. Hyatt and NH are also suffering.

Motel One: Short-time work after a record year
18.3.2020

Munich. After an excellent year 2019, Motel One has already started into 2020 with concern. Due to current developments caused by the coronavirus, the company is now not only adjusting costs but has also started short-time working.

Barceló, Best Western, Marriott, Meliá, NH und Radisson in 2019: Ups and Downs
27.2.2020

Wiesbaden. With Barceló, Meliá and NH, three groups of Spanish origin report their results for 2019, which vary greatly depending on the strategy und locations. Best Western Central Europe announces a strong increase in brokered sales and Marriott and Radisson say they are satisfied of the course of 2019. Surprisingly, the Jing Jiang subsidiary Radisson expects only minor declines due to the corona virus in 2020.

Accor, Choice, Hyatt, IHG, Scandic, Wyndham about 2019: Optimism remains
20.2.2020

Wiesbaden. Other international hotel chains publish their balance sheets, report a good year 2019, growth and new brands. They assess the impact of the coronavirus on the year 2020 differently, depending on the main markets. Today: Accor, Choice, Hyatt, IHG, Scandic and Wyndham.

Hilton: Balance sheet 2019 fits, but virus changes 2020
13.2.2020

Wiesbaden. The next chain published its balance sheet for the fourth quarter and the entire year 2019 this week: Hilton. It was a good year, but now the Chinese coronary virus for 2020 is causing even more concern.

B&B Germany: RevPAR top in 2019
6.2.2020

Hochheim/Frankfurt. The budget hotel group B&B Hotels achieved a total turnover of 218.4 million euros in Germany in 2019. This represents an increase of 37 million or 20.5% over the previous year. B&B currently operates 126 hotels in Germany.

TUI satisfied with 2019, but cautious
12.12.2019

Hanover. The TUI Group closed its 2019 financial year with an annual result of 893 million euro. This is mainly dampened by the continuing flight ban on the Boeing 737 Max. The core business with hotels, cruises and activities is growing significantly, the conversion to a digital company is underway and medium-term forecasts are favorable, not least due to the Thomas Cook insolvency.

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