Financial Results

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.

Hamilton/Bethesda. Belmond Ltd. and Marriott International, Inc, both reported their results for the second quarter ended June 30, 2014 – both with encouraging figures.

Brussels/Stamford. During the first-half of 2014, international hotel groups faced several challenges. Carlson Rezidor and Starwood Hotels announced their results this week which are not as positive as in previous years.

Paris. Accor reports a solid growth of 2.8% like-for-like in its first-half 2014 revenue, led by a good momentum in the second quarter, But business remains low in France. Compared to the same period of the previous year, revenue declined.

Munich. The Schoerghuber Group from Munich registered stable results in their beverages and construction & real estate business segments in 2013 and the seafood segment even increased. Only the hotel division registered a decline.

Augsburg. Hilton, Meliá, Motel One and Preferred have announced their quarterly figures and remain optimistic for the current year. The Grand Resort Bad Ragaz in Switzerland has for the first time since 2008 posted a profit and is pleased by the approval for a new outpatient clinic.

Denham/Bethesda. First Quarter results of InterContinental and Marriott show a solid international RevPar growth, both companies are very proud of the performance of the US market and believe in its ongoing growth. For the complete business year 2013, also Steigenberger and the Victoria-Jungfrau Collection saw revenue increases, while VJC's results declined.

Stamford/Chicago/Bermuda/Rockville/Parsippany. While Starwood and Orient-Express Hotels report a revenue decline during the first quarter 2014 compared to 2013, Choice, Hyatt and Wyndham report increases.