Balance Sheets since 2023

Zurich. In the full year 2014, Orascom Hotels and Development; the largest Egyptian subsidiary of Orascom Development Holding reports a significant turn-around in its net profits.

Berlin. The business year 2014 was satisfactory for Design Hotels AG. Revenue and profit showed a positive development and despite the costs for the controlling agreement with Starwood Hotels & Resorts, which was concluded in 2014, there was a significant improvement of the business result.

Augsburg. In 2014, the German Maritim Hotels registered a slightly decreased operating result on the basis of fluctuations within the portfolio; Spanish NH Hotels significantly improved. The low budget design hotel group, Motel One, has once again strove to new heights.

Wiesbaden. For Meliá Hotels International, the financial year 2014 ended with an increase in revenue, for Belmond with a decline. Both groups work hard on new strategies and on reducing debts, whereas asset sale plays an important role.

Bethesda. Marriott reports its full year 2014 results with a worldwide RevPar growth of 5.1 percent, driven by the North American RevPar increase of 7.0 percent. For 2015, the company expects RevPar increases between 5 and 7 percent.

Wiesbaden. International hotel chains suffered from big changes in currency exchange rates. In 2014, Accor, Hilton, IHG and Rezidor grew their revenues on a currency neutral basis, but Rezidor – for several reasons – suffered under decreasing results. Hyatt announced 4th quarter results only.

Wiesbaden. The hospitality industry looks back on a positive 2014, but not all business units announced the same success und some results were negatively impacted by currency exchange rates. An overview of the results of NH, Preferred, Starwood Hotels and Wyndham.

Paris. Accor reported its revenue for the complete year 2014 and for the fourth quarter 2014. The slight plus achieved by the group is based on the successful second half of the year.

Wiesbaden. Accor continues hotel acquisitions and reports improved results. Choice announces a positive development during the first half 2014, especially driven by the domestic market. And despite its fast development, Motel One's occupancy is only a little down compared to 2013 while results are growing. Orascom Development records a net profit again, despite continued pressure on Egypt's hotel operations.

Augsburg. Everybody is happy with a successful first half 2014, partly driven by strongly increased results: Design Hotels, Hyatt, IHG and Meliá.