Rezidor Hotel Group: Interim Report January-March 2013 (United States)
First quarter, 2013 |
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Rezidor Hotel Group: Interim Report January-March 2013 (United States)
First quarter, 2013 |
Category: North America & West Indies / Carribean islands - United States - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2013-04-24
- Like-for like (“L/L”) RevPAR was up by 5.7%.
- Revenue was in line with last year and amounted to MEUR 207.1 (206.9). On a L/L basis Revenue increased by 0.4%.
- EBITDA amounted to MEUR -2.8 (-5.0), and the EBITDA margin to -1.4% (-2.4).
- Loss after tax amounted to MEUR -11.2 (-14.1).
- Basic and diluted Earnings per Share amounted to EUR -0.08 (-0.09).
- Cash flow from operating activities amounted to MEUR -8.4 (-12.4).
-Ca 1,000 new rooms opened and ca 1,100 new rooms were contracted. Ca 1,100 leased rooms were converted to managed or franchised rooms. Five managed hotels with 748 rooms have gone offline.
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