Financial Results

Adliswil/Zurich. For the fifth consecutive year, Moevenpick Hotels & Resorts has reported consistently strong earnings growth and once again achieved a very positive operating result in fiscal 2007. With overall sales of 831.2 million CHF, MH&R was able to improve its EBIT result by 53 % relative to the prior year to 13.3 million CHF.

New York. The 2007 results of Hilton Hotels Corporation are hardly to compare with the results of 2006 as Hilton sold its Scandic hotels in 2007 and Hilton itself was sold to Blackstone in the fourth quarter of 2007. The current figures will probably the last ones to be published as Hilton is no longer listed at the stock exchange.

Frankfurt/Palma de Mallorca. Sol Meliá Germany Ltd closed 2007 with figures significantly above those recorded in 2006. In comparison to the previous year, the eleven business hotels under the Tryp brand and the 4 star hotel Meliá in Berlin were able to increase average occupancy by more than six percent.

London/Windsor. The InterContinental Hotels Group plc delivered "a strong performance in 2007 reporting continuing revenue growth of 20% in constant currency. The number of rooms in our system grew by a record 5% and global RevPAR increased 7%", comments CEO Andrew Cosslett the results for the last year. System size increase of 5% or 28,848 net rooms takes the number of rooms up to 585,094 in 3,949 hotels.

Nuremberg. hotel.de AG, a leading online reservation service for the global mediation of hotel accommodation with a focus on business customers, was able to meet its sales forecast for 2007. Based on initial calculations, sales revenues rose by 34% to Euro 25.9 million.

Wiesbaden. Last year, B&B Hotels Ltd Germany achieved an increase in turnover of almost 70 percent to 12.6 million Euros. Also, occupany and RevPar increased.

Hamilton, Bermuda. Orient-Express Hotels Ltd., owners or part-owners and managers of 51 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, announced its results for the fourth quarter and full year 2007. Net earnings decreased due to several reasons. Many new resorts are in the pipeline.

Zurich. The Victoria-Jungfrau Collection with the top hotels Victoria-Jungfrau in Interlaken, the Palace in Lucerne, the Eden au Lac in Zurich, and also since last year, the Bellevue Palace benefited from the economic climate, the guests' larger propensity to consume and the stronger euro in 2007.

Paris. Consolidated revenue grew by a reported 6.8 percent in 2007. At constant scope of consolidation and exchange rates, the like-for-like increase was 6.5 percent, reflecting strong growth in the business Services. Results of the Hotels sector were influenced by growth and new structures.

Munich. Arabella International GmbH & Co KG recorded turnover and revenue far beyond that of any other hotel chain in 2007. The company operating under the name of Arabella Hotel Holding International until 31 December 2007 announced a turnover increase of ten percent on the previous year; an increase of some 25.2 million Euros taking total turnover to 305 million Euros. This figure refers to 31 of the 44 ArabellaStarwood Hotel & Resorts which Arabella International either directly manages or operates under franchise.