
Financial Results
Nuremberg. hotel.de, the online reservation system working for various hotels throughout the world, announced record turnover growth for 2006 with figures shooting from 12.5 million Euros in 2005 to19.3 million Euros in 2006, an increase of some 55.3%.
Adliswil/Zurich. For the fourth consecutive year, Moevenpick Hotels & Resorts has reported consistent earnings growth and once again achieved a good operating result in fiscal 2006.
Bad Salzuflen. Maritim Hotels have improved their results yet again during the year 2006. With 378 million Euros the total turnover was some 41 million Euros above the previous year's figure. At the same time the GOP improved by 20 million Euros. Occupancy and RevPar also increased.
Paris. The French Accor Group announced a 51% increase in its net profit for the financial year 2006. The Operating Profit before tax and non recurring items was up 28% to 727 million Euro. Earnings per share were up 44% to 2.23 Euro, the ordinary dividend was at 1.45 Euro. After these successful results the group will continue to focus on its two core businesses, services and hotels. The non-standardized 2 star brand, announced months ago will be named "All Seasons".
Hamilton/Madrid. Orient-Express Hotels announced its results for the fourth quarter and full year ended December 31, 2006. RevPar and EBIDTA margins increased while the company confirmed less net earnings than in 2005. The hotel business of NH Hoteles has improved significantly in 2006. Net profit is up by 30.6% over the previous year to 45.9 million Euro.
Munich. The dry spell in the German hotel industry seems to be over. The Arabella Hotel Holding International also confirmed this when announcing its turnover for 2006. The development of the room rates was especially satisfying for ArabellaStarwood.
London. In 2006, the InterContinental Hotels Group inreased revenue up 13% from 713 million Pounds Sterling to 805 million Pounds Sterling. The operating profit went up by 16% from 173 to 201 million Pounds Sterling. The number of hotel rooms increased by 18,713 to total 556,246 in 3,741 hotels.
Brussels/Arolsen. Two hotel groups are happy with a phantastic 2006: Rezidor Hotel Group and German Ramada Hotels happily present top figures and encourage the industry for 2007.
Augsburg. The three global player Hilton, Marriott and Starwood Hotels published their figures for the year 2006 in the last days.