Financial Results

Financial Results

Results: Worldwide optimism
4.3.2014

Augsburg. In 2013, the hotel groups Hilton Worldwide, Scandic, NH Hoteles and Orient-Express Hotels were keen on optimizing their portfolio and results. Not all of them achieved higher revenues in 2013 compared to 2012, nevertheless all of them show great optimism for 2014.

Accor, Choice, IHG, Hyatt, DSR: Varying growth rates
20.2.2014

London/Chicago/Rockville/Rostock. Accor's growth 2013 was based more on up- and midscale than on economy hotels. With respect to IHG, Holiday Inn's turnover decreased in 2013 due to the termination of agreements; concerning Hyatt, the RevPar of the full-scale hotels increased more than that of the select service hotels in the fourth quarter; at Choice, the franchise turnovers increased; and DSR in Rostock announces good key figures.

Rezidor, Starwood, TUI: Balance sheets are more fun again
13.2.2014

Brussels/Stamford/Hanover. The 2013 balance sheets and the outlook for 2014 make hotel companies smile again. Rezidor's "Route 2015" program accelerated recovery, Starwood Hotels reported growing profits and RevPar, and TUI Hotels was able to compensate the losses in Egypt.

Accor business suffered from currency effects
23.1.2014

Paris. Despite the dynamic development of its franchise and management hotels in 2013, Accor's revenue declined. Main reasons were currency effects and asset sales.

TUI AG to be back on track
19.12.2013

Hanover. The TUI Group closes the financial year 2012/13 with a good operating result, despite the one-off expenses for the "oneTUI" programme, and is planning to resume dividend payments for the first time since 2007, with a payout of 0.15 euros per share.

NH Hoteles praise its five years strategy
19.9.2013

Madrid. In the first-half of 2013, NH Hoteles announced a growth of 3.2% in total revenue to €673.6m - including non-recurring revenue. This drove the Group’s first net profit since year-end 2011. With these results, NH sees its strategy plan confirmed.

Grand Resort Bad Ragaz: Well done
12.9.2013

Bad Ragaz. The Grand Resort Bad Ragaz in Switzerland was able to generate revenue increases in 2013 in its core business in the hotel industry and in the Tamina Therme, however, revenue losses had to be accepted in the casino once more.

Accor, Hospitality Alliance: Optimistic start in the second half-year
29.8.2013

Paris/Bad Arolsen. Accor announced a positive net result for the first half-year 2013 in spite of slightly declining numbers; Hospitality Alliance also increased its revenues. Both groups are focussing on improved distribution concepts and not in the least, are also looking at the future positively due to the good summer months.

IHG, Motel One: Strong growth in first half of 2013
8.8.2013

London/Munich. InterContinental Hotels Group grew further in the first half of 2013, and Motel One, the German budget specialist, once again announced strong growth in terms of company results.

Hyatt, Meliá, Orient-Express: Optimism and new strategies
1.8.2013

Palma de Mallorca/Hamilton/Chicago. Europe is on a good way, the US market is stronger than before and the development in the emerging markets leads to additional optimism. Meliá, Orient Express and Hyatt announce better first half or second quarter results and talk about news in their future strategies.

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