Balance Sheets since 2023
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.
Berlin. The Hotel Adlon Kempinski in Berlin achieved the best results in 2006 since its reopening in 1997. On 24 November the Adlon also welcomed its millionth guest. The reward: a stay in the hotel's new presidential suite.
Paris. Consolidated revenue rose by a reported 8.4% in the first six months of 2006. At constant scope of consolidation and exchange rates, the like-for-like increase was 6 percent. Together with the figures of the first-half 2006 Accor presented it's future business structure and a new brand for non-standardized economy hotels. 535 hotels are for sale.
London. InterContinental Hotels Group's total revenue halved from 1,060 billion to 499 million pounds in the first six months 2006 following the floatation of soft drinks group Britvic plc, in which InterContinental was previously a joint owner.