Financial Results

Balance Sheets since 2023

Welcome announces rise in turnover
22.8.2008

Warstein. All 14 Welcome Hotels look back on the first results of 2008 with satisfaction. The hotel group belonging to the Warsteiner brewery managed to increase its turnover by 5.4 million euros for the first half of the year to 22.6 million euros.

First half 2008: IHG passed results early
15.8.2008

Windsor/London. "IHG had a good first half, seeing growth in both revenue per available room and in the number of hotels we operate round the world," Andrew Cosslett, CEO of the InterContinental Hotels Group commented on the interim results 2008 published on Tuesday.

Ramada continues to grow
8.8.2008

Bad Arolson. In the first six months of 2008, the Ramada Hotel Group Germany/Switzerland recorded a yield of some 121.5 million Euros, up seven percent on the first six months of 2007. The GOP was up nine percent to 20.10 million Euros.

Orient-Express expects margin compression
8.8.2008

Hamilton, Bermuda. Orient-Express Hotels, owners or part-owners and managers of 51 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, announced a growth of net earnings from continuing operations during the first half of 2008.

Design Hotels: Slow down in operating profits
8.8.2008

Berlin. Design Hotels AG reports its results for the 1st half year 2008: Revenues increased by approximately. 17 percent to 4.14m Euro. The EBITDA for the 1st half year 2008 came in at approximately 382,000 Euro compared to 620,000 Euro during the comparative period last year.

Rezidor: Growth of renvenue and EBITDA
1.8.2008

Brussels. Rezidor reports a successful results of the first half with a growth of EBITDA and EBITDA-margin. Revenue during the first half ending on June 30 were 399 million Euros, EBITDA 37,3 million Euros while the EBITDA margin grew to 9,4 %.

NH Hoteles grow sales, net income declines
1.8.2008

Madrid. During the the first six months of 2008, the sales of the Spanish Group NH Hoteles rose by 7.5%, to 771 Million Euros, confirming the improvement in performance compared to the same period of the previous year. EBITDA  was 146.1 Million Euros, 2.7% higher, and net income fell to 32.4 Million Euros. Hotel activities increased the RevPar by 2 percent. Expansions of the hotel group in the near future will have its focus on lease or management-contracts.

Dorint Hotels & Resorts go on with consolidation growing gently
Recovery in small steps
27.6.2008

Cologne. "Consolidate, consolidate, consolidate!" This is the main goal of Managing Director Elke Schade for Neue Dorint GmbH based in Cologne. This year and next, losses have to be cut by half once more, after which the company expects "a black zero" by 2010. Dorint Hotels & Resorts, which separated from the Accor hotel group in Germany 18 months ago, are in the middle of rebuilding the brand, a separate marketing and a separate head office. The management team explained the current economic situation, the new developments and the gentle expansion plans this Wednesday in Cologne at the annual press conference.
Maritim increases profits
20.6.2008

Frankfurt/M. Last year, the German Maritim hotel company increased profits and its equity- to-asset ratio. At a press conference in Frankfurt yesterday, company management announced concrete figures.

The 2007 figures of Steigenberger Hotels in Switzerland and Austria
Average room rates still on the rise
9.5.2008

Frankfurt/M. The three Steigenberger Hotels in Switzerland enjoyed a positive fiscal 2007. The four Steigenberger Hotels in Vienna, Krems, Linz and Kaprun also look back at an extraordinarily successful fiscal, as it was reported at the press conference on financial statements of the Steigenberger Hotel Group on Tuesday.

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