Financial Results

Brussels. Rezidor announced the results of the six month ended June 2015.The group experienced a RevPar-growth which led to an increase of total revenue by nearly five percent, but EBIT and profit decreased.

Interlaken. With it new majority shareholder, the Swiss Victoria-Jungfrau-Collection performed well in the difficult year of 2014. Now, Aevis Holding plans a 100-percent acquisition of the hotel group and to merge the two company's names.

Augsburg. While Dorint published its 2013 balance sheet still recording losses, Ringhotels and Grand Resort Bad Ragaz rejoice due to positive developments in 2014. In its annual accounts for last year, Warimpex complains about its business in Russia, which clearly reduced the company's balance.

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.