Zug Estates Holding AG provided earnings guidance for the full year of 2020. Due to the temporary impact of this rent relief measure, the company still expects rental revenue to increase for the year as a whole. Although developments in the second half of the year are difficult to forecast, the company expects sales and GOP in the hotel and catering segment to fall significantly short of the prior-year level due to the fact that regular customers' international business travel activities came to a halt, causing sales to plummet. Both operating income before depreciation and revaluations and net income excluding revaluation and special effects are expected to be significantly lower year on year as a result.