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Design Hotels AG

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LBA

DE0005141006

Design Hotels AG Reports Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Earnings Outlook for the Year 2015

March 26, 2015 at 04:31 am EDT

Design Hotels AG reported consolidated earnings results for the year ended December 31, 2014. For the period, the company's total revenue was £15.207 million against £13.752 million a year ago. EBITDA was £1.727 million against £1.434 million a year ago. EBIT was £1.402 million against £1.182 million a year ago. EBT was £1.418 million against £1.198 million a year ago. After-tax profit was £0.998 million against £0.834 million a year ago.

For the year 2015, the company expects an increase in revenue and operating profit.

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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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