Financial Results

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.

Madrid. Net consolidated earnings of the NH Hoteles Group grew in 2007 to 77.4 million Euro, 24 percent up on 2006. This was due to a 38 percent increase in revenues to 1,505 billion Euro. The company's EBITDA improved to 283 million Euro, a 50 percent increase on 2006. Geographically the location of the hotels is mixed well. Only one third of the hotels are located in Spain and Portugal. During the following months the group intends to open more hotels in Central and Eastern Europe.

Berlin. Design Hotels AG based in Berlin increased its revenues for 2007 increased by approximately 19 percent to 7.88m Euro. The consortium counts 174 hotels with 13,256 rooms today, spread over 101 destinations in 43 countries.

Brussels. The Rezidor Hotel Group has published its Financial Report 2007 presenting a strong year: "We are able to report a record profit and a record number of new hotels signed", says Kurt Ritter, President & CEO of Rezidor.

Munich. Already at NewGen Hotels' last general meeting in July 2007, the question hovered in the air as to when principal shareholder Accor S.A would finally squeeze out remaining shareholders. And now we know. NewGen has called and extraordinary general meeting for 10th March.