Financial Results

Madrid. In the first-half of 2013, NH Hoteles announced a growth of 3.2% in total revenue to €673.6m - including non-recurring revenue. This drove the Group’s first net profit since year-end 2011. With these results, NH sees its strategy plan confirmed.

Bad Ragaz. The Grand Resort Bad Ragaz in Switzerland was able to generate revenue increases in 2013 in its core business in the hotel industry and in the Tamina Therme, however, revenue losses had to be accepted in the casino once more.

Paris/Bad Arolsen. Accor announced a positive net result for the first half-year 2013 in spite of slightly declining numbers; Hospitality Alliance also increased its revenues. Both groups are focussing on improved distribution concepts and not in the least, are also looking at the future positively due to the good summer months.

London/Munich. InterContinental Hotels Group grew further in the first half of 2013, and Motel One, the German budget specialist, once again announced strong growth in terms of company results.

Palma de Mallorca/Hamilton/Chicago. Europe is on a good way, the US market is stronger than before and the development in the emerging markets leads to additional optimism. Meliá, Orient Express and Hyatt announce better first half or second quarter results and talk about news in their future strategies.

Wiesbaden. The brand hotel industry continues to develop over proportionally compared to unbound private hoteliers worldwide. One reason: financiers favour brands as operators in general. But is this strategy always logical and justified? Why are the chains the only ones to receive the bonus? There are many reasons for rethinking. A large argument of the banks, for example, that the chains are stronger in distribution, has been softened by the internet and online booking platforms: the OTAs have the last word here. The large chains often lack creativity and the private hotels the professional appearance. The following survey among the operators of renowned private hotels, among medium-sized groups and consultants shows that the bonus for the chains is no longer as strong as it used to be.

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.