Financial Results

Wiesbaden. 2015 results of AccorHotels, Hyatt, Pandox, Rezidor and Starwood show the ups and downs of the industry. But the Global Players are known for their opportunity to balance weaker results in one country by positive impacts in others. One of the big winners in 2015 was Europe.

Cologne. The painstaking restructuring carried out over recent years now appears to bite: The balance sheet of the Neue Dorint GmbH reveals a surplus of around EUR 600,000 for 2014 - after a deficit of four million in 2013.

Wiesbaden. The hotel industry in Switzerland does not have an easy life at present; the half-year results of the Grand Resort Bad Ragaz demonstrate this. Likewise, the Switzerland-based Orascom Holding attempted to do well for the company on as many terrains as possible.

Augsburg. Design Hotels saw higher revenues but less earnings, Hyatt is content, Marriott, Meliá and Motel One are in high spiritis: the results for the first half-year and/or second quarter 2015 have been published.

Augsburg. Accor reported strong growth in the second quarter and in the first half of 2015, just as Choice Hotels International, Hilton, IHG, NH, Starwood, and Wyndham Hotels did. Only Belmond suffered under currency movements. In addition, Hilton announced another midscale brand.

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.