Financial Results

Frankfurt/M. The Steigenberger Hotel Group has concluded its fiscal 2005 with a positive, but significantly lower result compared to the previous year. The consolidation is taking effect; occupancy is rising again; the room rate, however, went down by another 30 cents in the whole group.

Frankfurt/M. The Swiss hotels of the German Steigenberger Hotel Group made the best contribution to company accounts in 2005 with figures well above average. In Austria increased room rates were able to balance out losses threatening from decreases in occupancy.

Interlaken. The Grand Hotel Victoria Jungfrau plc. owns not only the 5 star hotel in Interlaken by the same name, but also the Hotel Palace in Lucerne, as of last year the Hotel Eden au Lac in Zurich. The trio has now renamed itself the "Victoria Jungfrau Collection". In the financial year 2005, however, the plc wrote bad figures, both in terms of turnover and profit.

Adliswil/Zurich. Moevenpick Hotels & Resorts are once again well in the black. The Moevenpick group, on the other hand, shows less positive results. Figures for 2005 were announced yesterday.

Paris. Gilles Pélisson, the new Chief Executive Officer of
the Accor Group, left a poor impression following his first presentation,
according to media reports last week. Shares dropped by 6.5 percent after
the leading European hotel operator published the results for 2005.  

Berlin. At the ITB in Berlin, the management team of Marriott International was highly optimistic. In 2005, the company recorded a record in earnings per share of 2.89 US dollars. Due to the hitherto 2006 accounting statistics, Marriott International expects an increase in operating results by 30 to 34 percent.

Madrid. In 2005 NH Hoteles earned Euro 62.2 million which is 12.8 per cent more than in the previous year as a result of the good performance of the hotel business. Specifically operating profits for the hotel business of the group totaled Euro 127.2 million, 8.5 per cent higher than the figure recorded for 2004. Revenues at Sotogrande were lower than in 2004.

London. The InterContinental Hotels Group plc published the results of 2005. The asset sale continued consequently. Continuing operating profit was up 42 percent from 134 to 190 million pounds Sterling with operating profit margin up 4 per cent.

Berlin. In 2005, consolidated revenues of the hotel group design hotels amounted to Euro 5,38 million. During the year 2006 the company intends further growth with high quality

London. Yesterday the sale of Hilton International to Hilton Hotels Corporation for 3.3 billion pounds was completed. At the same day Hilton Group plc published its results for the year 2005. Revenue and profit increased.