Rezidor Hotel Group: Interim Report January-September 2011

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Rezidor Hotel Group: Interim Report January-September 2011
	Rezidor Hotel Group: Interim Report January-September 2011
Category: Worldwide - Industry economy - Figures / Studies This is a press release selected by our editorial committee and published online for free on 2011-10-28 Third quarter, 2011 RevPAR Like-for-like increased by 2.3% to EUR 69.1 (67.5). Like-for-like Occupancy was 69.8% (69.5). Revenue increased by 6.9% or MEUR 14.1 to MEUR 219.4 (205.3). On a Like-for-like basis Revenue increased by 0.1%. EBITDA was MEUR 14.8 (18.4), and EBITDA margin was 6.7% (9.0). Profit after tax amounted to MEUR 14.2 (4.6), positively impacted by a MEUR 11.7 capitalisation of deferred tax assets. Basic and diluted Earnings Per Share amounted to EUR 0.10 (0.03).

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