Financial Results

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.

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.

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 %.

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.

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.

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.

Duesseldorf. Lindner Hotels & Resorts can look back on a successful 2007. The Group`s turnover increased from 120 million Euros in 2006 to 130.8 million Euros in 2007 - growth of around nine percent.

Vienna. In the financial year 2007, the Austrian Warimpex Finanz- und Beteiligungs AG succeeded in consistently realising its growth targets. High sales proceeds led to an above-average rise in the operating result. "The clear targets we defined at the time of our stock market flotation in January 2007 have all been achieved or even surpassed," CEO Franz Jurkowitsch said. The expansion is in full swing.

Bad Ragaz. For the 2007 financial year, the Grand Hotels Bad Ragaz is able to report record results during the year under review, despite the current extensive refurbishment and new building work programme. Consolidated turnover increased by 4.4% to 99.1 million CHF a new all time high in the company's history. The operating result from normal business activities amounted to 11.6 million CHF. This means that last year's outstanding result has been surpassed.