Financial Results

Wiesbaden. Positive results in 2011 made further hotel groups start full of verve into 2012: Arcotel, Design Hotels, NH Hoteles, Maritim and Welcome Hotels. NH also explained it refinancing in detail to hospitalityInside.com.

Wiesbaden. Annual reports of Abba, Hospitality Alliance, Meliá, Motel One and Orient-Express please their managers, even though Orient-Express still has to fight its debts.

Wiesbaden. Accor, Choice and Rezidor announce their positive total year results of 2011, partly influenced by political unrest.

London. IHG announces an excellent year 2011 and expects to benefit from positive long term industry trends.

Parsippany. Wyndham Worldwide Corporation announced results for the three months and year ended December 31, 2011. Businesses continued to execute on a high level.

Munich. The Ringhotels consortium, with 130 midscale hotels one of German'y leading consortia, has posted a further increase in revenues in the conference and group segment in 2011.

Stamford/Frankfurt/London. International hotel chains and groups announce a growth in revenue in 2011. Growth was supported strongly by emerging markets. The figures of Starwood Hotels, Worldhotels, and Small Luxury Hotels.

Paris. For 2011, Accor reports a revenue growth of 5.2 percent resulting in a total revenue of 6.1 billion Euro. 38,700 new rooms in 318 hotels contributed to this sustained revenue growth.

Frankfurt/Main. HMG Hotel Management and Service Company announced a pleasing result for the whole year 2011. For 2012, Rothschild events are planned.

Hong Kong. The Hongkong and Shanghai Hotels, Limited announced its unaudited interim results for the first six months 2011. The results were impacted by the Japan earthquake and tsunami though the general trend was positive. The results are also an update of the Peninsula hotel development.