Rezidor Hotel Group AB
News and overview for Rezidor Hotel Group AB
Rezidor CFO says still no signs of recovery in Europe
HotelsMag.com | 47 days 14 hours 44 minutes ago
(ADPnews) - Oct 8, 2009 - Signs that hotel demand is starting to come back in the USA do not mean that the demand situation has improved in Europe, Knut Kleiven, CFO of Stockholm-listed Rezidor Hotel Group AB (STO:REZT) said today in an interview for Swedish news wire Nyhetsbyran Direkt.
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Company Overview
| Company: | Rezidor Hotel Group AB |
|---|---|
| Industry: | Mid-Priced Hotels & Motels |
| Website: | http://www.rezidor.com |
If you're travelling to Europe and don't want to stay in a foreign hôtel, try one of Rezidor's familiar brands. The Rezidor Hotel Group operates about 200 Radisson Hotels and more than 100 Park Inns across some 45 countries in Europe, the Middle East, and Africa. It also has two luxury Regent hotels in Berlin and Zagreb, Croatia, and four limited-service Country Inn hotels in Austria, France, Germany, and the UK. The Rezidor Hotel Group has been listed on the Stockholm Stock Exchange since 2006. Swiss hotelier Kurt Ritter is president and CEO.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,106.2 (2008) |
|---|---|
| One-year % Growth in Sales | -4.3 (2008) |
| Net Income in U.S. Dollars (mil.) | 36.8 (2008) |
| One-year % Growth in Net Income | -45.3 (2008) |
| Number of Employees | 5,572 (2007) |
| One-year % Growth in Number of Employees | 2.3 (2007) |
| Fiscal Year-End | December |