Rezidor?s Annual Report 2011 published
Rezidor has today published the following reports on www.rezidor.com:
Annual Report 2011
Corporate Presentation 2011
Responsible Business Report 2011
Extract from CEO statement:
Kurt Ritter, President & CEO writes, among other things, that ?Rezidor?s revenue increased by 10% in 2011, an upswing that came almost entirely from opening a significant number of leased hotels since the beginning of 2010. The new leases, mainly located in the Nordics, performed very well and contributed positively to our EBITDA?.
?Looking ahead, it is essential that we sharpen our focus on improving profitability, both in absolute terms and relative to the industry. In December 2011 we therefore announc…