Topic Finance

News & Stories

H1 2022 results: Marriott, Hilton, B&B build on old success
4.8.2022

Wiesbaden. The global desire to travel experienced new highs in the first half of 2022, and this is also reflected positively in the results of Marriott, Hilton and B&B Hotels Germany. And the groups still remain optimistic about the future.

Accor, Motel One: 2019 partially surpassed
28.7.2022

Wiesbaden. Accor and Motel One are pleased with revenue growth in the first half of 2022, which made them forget the pandemic, especially in the second quarter. Despite the tense economic environment, the groups still expect further growth.

Climate stress test and radar show: Banks are under green pressure
14.7.2022

Frankfurt. The European Central Bank subjected more than 100 banks to a climate stress test: 60% of the institutions failed, they have climate risks in the billions on their books. The second part of Deloitte's "Banking Trend Radar" also confirmed this week: banks are under green pressure.

NH reports good first half of 2022
7.7.2022

Madrid. NH Hotel Group heads into the summer with very good perspectives. The 2Q performance even topped 2019 levels and group revenue grew significantly.

Room Mate fights insolvency
30.6.2022

Madrid. Spanish Room Mate Hotels has filed for voluntary insolvency. At the same time, it has announced a binding offer from an investor securing business and jobs.

Italy: Traditional leases to disappear
30.6.2022

Rimini. The next four to six months might give momentum to hospitality development models in Italy: ROI trends, rising inflation, development costs, geopolitical tensions and price levels might altogether mark the end of current lease contracts. Or at least reduce their numbers sensibly.

The Student Hotels grows into billion-dollar company
23.6.2022

Amsterdam. Singapore's sovereign wealth fund GIC, Charlie MacGregor as founder and APG as previous shareholder acquire a "substantial" stake in The Student Hotel from Aermont Capital. The transaction values TSH, including assets under development, at 2.1 billion euros. Aermont Capital exits the company.

Accor to sell 10.8% of Ennismore to Qatar
23.6.2022

Paris. Ennismore is taking over Accor's stakes in Rixos and Paris Society. At the same time, Accor, as majority shareholder in Ennismore, has announced it is in exclusive negotiations to sell a 10.8% stake in Ennismore to a Qatari consortium for a total amount of 185 million euros. This includes a Shari'a-compliant financing of 20 euros million by Qatar First Bank LLC to the Qatari consortium's investment vehicle.

Exchange of letters with politicians: No more aid for larger groups
The government simply says No
16.6.2022

Berlin. In mid-January this year, seven larger German hotel groups documented their hardships since Corona in facts and figures to Economics Minister Dr Robert Habeck. Since February, there have been several responses to this from several levels of government, but all with the same negative conclusion: the subsidy cap for the large medium-sized enterprises will not be lifted under any circumstances. Yet the government would have the power to do just that - even without the EU. Since May it has been clear: the doors in Berlin have been slammed shut. But not everyone wants to put up with that.

Whitbread continues to drive Premier Inn in Germany
26.5.2022

Frankfurt/London. The British, listed Whitbread Group sees its growth strategy in the German hotel market confirmed with the Premier Inn hotel brand. This is a central message at the presentation of the Whitbread balance sheet of the financial year 2021/22.

Stock Exchange

Share price performance 22.6.2023 - 28.6.2023

HI+Share price performance 22.6.2023 - 28.6.2023

Changes in % compared to the previous week.

Share price performance June 29, 2023 graph

GrafikReuters powered by HVS EMEA Enews

Share price performance June 29, 2023 graph

   

Financial Results

Less net income

Marriott Q1 2024: While demand in the U.S. and Canada has normalized, international RevPAR grew stronger with gains in occupancy and ADR.

Profit record in UK, progress in Germany

Premier Inn FY 2024: Die Hoteltochter der Whitbread-Gruppe erzielte in ihrem Heimatmarkt Grossbritannien im Geschäftsjahr 2024 einen Rekord-Profit und einen Rekord-Cashflow. Ein optimiertes F&B-Konzept soll die Expansion vorantreiben. In Deutschland hält das Unternehmen konsequent an seiner bisherigen Strategie fest.

Continuing on the growth path

Accor Q1 2024: For the first quarter of 2024, the Group reported revenue of €1,236 million, up 8% on a like-for-like basis (LFL) compared with the first quarter 2023. This increase breaks down into a 6% growth for the Premium, Midscale and Economy division and a 12% growth for the Luxury & Lifestyle division.

Stable despite seasonal weakness

Scandic Q1 2024 Jan-March interim report: The company noted a stable start to the year and a good booking situation for the second quarter.

RevPAR decrease in the US

Wyndham Q1 2024: Wyndham reports a growth in comparable adjusted EBITDA and free cash flow and announces its partnership with WaterWalk.

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