Financial Results

Financial Results

Grand Resort Bad Ragaz defies the crisis
20.9.2012

Bad Ragaz. Despite the difficult economic environment, the Grand Resort Bad Ragaz AG reports an overall satisfactory result for the first half of 2012.

Good and bad times: First half and quarters at Accor, Motel One, Warimpex, VJC
30.8.2012

Wiesbaden. In the first half of 2012, Accor's development was satisfactory. In addition, Motel One and Warimpex announced good figures for the first half. However, the business of Victoria-Jungfrau Collection was not that satisfying.

IHG, Meliá, Choice Europe: Increases all over in first half
23.8.2012

London/Madrid. IHG's first half 2012 delivered good results with RevPAR growth from all regions, Spanish Meliá Group also reported increase in RevPAR and net profit. In addition to the group report, Choice Hotels Europe published separate results in their region.

Choice, Hyatt, Orient-Express, Hospitality Alliance: In good mood
2.8.2012

Augsburg. Choice and Hyatt Hotels reported their second quarter results 2012 in good mood, Orient-Express Hotels still suffers from the declining demand for luxury travel. German operator Hospitality Alliance benefits from two strong hotels in Berlin.

Starwood, Wyndham: Dampened enthusiasm
26.7.2012

Stamford/Parsippany. Starwood and Wyndham announced positive second quarter results this week. However, the global environment dampens the expectations - like other chains do right now.

First half 2012: Fighting with the worldwide economy
19.7.2012

Wiesbaden. Accor, Design Hotels, Marriott and Rezidor finished the first half of 2012 with respectable operational results. Nevertheless, burdens of the past and the uncertain development of the worldwide economy leave a big question mark for the future.

Schoerghuber: Hotel division in transition
5.7.2012

Munich. The Schoerghuber Corporate Group was able to increase its profit considerably again in 2011. After Schoerghuber officially left the hotel operating business last year, the hotel division is now able to present positive figures.

2011: Loss for Bad Ragaz and SV Group, profit for VJC
19.4.2012

Bad Ragaz. The tense economic situation in Europe slowed the growth of Grand Resort Bad Ragaz group last year. And the strong Swiss franc increased the price sensitivity considerably. Turnover and profit dropped significantly, the result was negative, as the 2011 annual report proves. For SV Group, an operator of various hotels among others, the profit was halved. Only Victoria-Jungfrau Collection reported profit.

Choice Europe, Moevenpick and Warimpex results 2011
5.4.2012

Augsburg. Choice Hotels International announced increased revenues for fiscal 2011 as early as in February 2012. Now, the European and German divisions are presenting their results. In addition, Moevenpick Group presented its results of the past business year as did Warimpex, a development and investment company from Austria.

After 2011: Rezidor challenged by profitability
29.3.2012

Brussels. The Rezidor Hotel Group reports a revenue growth by 10% in 2011 from 786 to 864 million Euro. But EBITDA remained flat. Shareholders will not receive a dividend for 2011. The annual results, published this week.

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