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Design Hotels AG

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DE0005141006

Design Hotels AG Reports Consolidated Earnings Results for the Year Ended December 31, 2013

March 14, 2014 at 06:12 am EDT

Design Hotels AG reported consolidated earnings results for the year ended December 31, 2013. For the year, total revenues were EUR 13,752,000 against EUR 12,629,000 a year ago. EBITDA was EUR 1,434,000 against EUR 308,000 a year ago.

EBIT was EUR 1,182,000 against EUR 10,000 a year ago. EBT was EUR 1,198,000 against EUR 49,000 a year ago. Net profit came in at EUR 1,198,000, which is a significant increase of 2,345%.

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Company Profile

Design Hotels AG is Germany-based service hospitality consultant. The Company offers customized services to its member hotels. The Company also operates an online platform through which customers can book hotels it presents in the Americas, Africa, Europe, Asia and Australia. The hotel portfolio comprises, among others, mountain and ski hotels, spa hotels, locally known hotels, rooftop hotels, beach hotels and green hotels. The Company operates through offices in Berlin, Germany, London, the United Kingdom, Barcelona, Spain, New York, the United States, Singapore, Singapore and Perth, Australia. It also markets a book about the Company, information about member hotels and related stories, among others.

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