Financial Results
HI+
Heavy losses
Design Hotels AG in 2004
6.5.2005
Berlin. The turnover of the German hotel group design hotels AG was higher in the last fiscal, but the bottom line shows losses.
Mandarin Oriental
1.4.2005
Hongkong. A fresh wind is blowing over Asia again, despite all crises and catastrophes: Mandarin Oriental's annual results show extremely positiv effects in Asia's metropolitan cities.
Mövenpick Hotels
1.4.2005
Zurich. The total turnover of Mövenpick Group increased by 3,4% to 1.07 billion Swiss Franks last year. Since 2001, it's the first time that the operating results are positiv - thanks to Mövenpick Hotels & Resorts.
The Hongkong and Shanghai Hotels, Ltd.
1.4.2005
Hongkong. Peninsula Hotels, the subsidiary, helped to increase its mother's results.
24.3.2005
Munich. After a slight drop in 2003, the business figures of German ArabellaSheraton Hotels developed positively last year.
Accor Results 2004
10.3.2005
Paris. The French Accor Group reports positive results and positive developments. In the back, the markets worldwide struggeld with various business conditions in 2004.
Hilton Hotel Corporation
10.3.2005
Beverly Hills. The strong demand in all business segments - business, leisure and groups - made Hilton Corporation's business improve strongly last year, especially in the fourth quarter 2004.
Cendant Corporation
10.3.2005
New York . "The last twelve months have been a watershed year for Cendant," stated Cendant's President and Chief Financial Officer Ronald L. Nelson.
Danubius Hotels Rt.
10.3.2005
Budapest. The improvement in revenues masks another year of tough trading conditions for the Hungarin hotel chain Danubius.
NH Hoteles
10.3.2005
Madrid. Though the company achieved savings of 38 million Euros last year and made good progress in several countries, NH Hotels` net income fell down by 17 percent.