Solid growth in first-half 2013, supported by a favorable calendar of events in the second quarter

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     Gross revenue1 up 6.7% to €5.6 billion, thanks to management and franchise expansion.
     First-half revenue up 1.8% increase like-for-like, including 3.3% in the second quarter due
    to favorable prior-year comparatives.
     Robust 15.9% growth in first-half revenue from management and franchise fees
     Solid revenue growth across all segments, led by good resilience in Europe and boosted by
    emerging markets.
     9,940 new rooms opened during the first-half, 80% of which under asset-light structures

    Daniel Fountain / 10.08.2013

    Editor, Hotel Designs


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