Financial Results

Berlin. Design Hotels AG reports a strong increase in revenue in EBITDA for the first-half year of 2013. Also, Starwood Hotels & Resorts is pleased by its positive results worldwide.

Wiesbaden. Accor and Rezidor announced their first-half results and communicate the same message: The strong growth of fee revenues underlines that the asset light strategy was the right decision.

Munich. The Schoerghuber Corporate Group, Munich, looks back at a satisfactory business year 2012. However, the hotel department had to accept losses in sales and results.

Bad Ragaz. The Grand Resort Bad Ragaz is still worried about its core markets Switzerland and Germany; nevertheless, the management presented its shareholders with positive figures and a clear profit after last year's losses.

Frankfurt. The Steigenberger Hotel Group reported light increases in occupancy and rates for 2012. The announced figures combine the Intercity Hotels and Steigenberger brands. Both the renovation works of existing properties as well as the expansion forge ahead.

Silver Spring. With a look at 2012, Choice Hotels International can speak of an absolutely successful year: Thus, a growth of 42 percent with newly concluded franchise contracts compared with the year before reflects a new record in the history of the hotel group.

Interlaken. In the business year 2012, the Victoria-Jungfrau Collection from Switzerland was able to increase its number of overnight stays by 8.5 percent to 147,996 – despite the difficult market environment. Nevertheless, turnover and profits decreased. In May, the chairman of the supervisory board will resign.

London. IHG's 2012 results reflect continued RevPar growth in each of the regions. Group RevPar growth remained robust for the year, although trading was affected by the impact of Eurozone uncertainty as well as industry-wide challenges in Greater China. The results were published two days ago.

Augsburg. In the annual balance sheet for 2012, Design Hotels are suffering from outstanding accounts; however, Hospitality Alliance AG, Maritim and Scandic Hotels were able to report increasing revenues and profits. They all remain optimistic for the current year.

Wiesbaden. With their worldwide development strategy, Spanish Meliá Hotels resist the crisis in the home country. Despite a decline in revenues, Pandox stays optimistic and Ringhotels announces a plus of four percent. Nevertheless, the mixed feelings persist.