AccorHotels made several major announcements during its first half 2018 business review.
The hotel group, now under the control of China's HNA group, achieved a strong performance in 2016 and continues to grow globally, with 77 openings and 122 new projects in its pipeline.
By declaring to the Autorité des Marchés Financiers that it holds 11.70% in the capital and 10.2% of voting power in AccorHotels, the Chinese group Jin Jiang is now required to reveal its true intenti...
According to the German research institute GfK, China is strengthening its position as leading source of international tourists, with a volume of tourist spending estimated at 229 billion dollars in 2...
The group is ending its third trimester 2015 with turnover of 1.4 billion euros, up 3.4% over the previous year and on a like-for-like basis with constant change.
After the good results of 2014, NH is setting its sights on Latin America to improve its gross operating margin and RevPAR in 2015.
Following the sale of several InterContinental Hotels in the United States, IHG has announced a 2% drop in its revenues for 2014. Nonetheless, at constant exchange rates, revenues increased by 6% and ...
MKG Hospitality has released its 2015-16 hotel forecasts for major European countries (with a category breakdown and a focus on capital cities). An interesting tool for hoteliers and investors to adju...
On the first six months of the year, the Spanish hotel group reported a recurring loss of 25.4 million euros, or 10.8% less than during the same period last year.
The good results reported by Spanish hotel group on the first months of the year 2014 confirm the renewal of tourism demand in Spain, observed by authorities in the country.
The Steigenberger hotel group announced an increase by 8.7% in its turnover and by 52.7% in its EBITDA in 2013, and a favorable trend for the beginning of 2014.
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