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|23 Apr 2008|
|Rezidor marks a strong start of 2008|
The Rezidor Hotel Group’s Financial Report January – March 2008
“The first quarter of 2008 has been yet another strong quarter for Rezidor. Adjusted for the estimated negative effect of Easter falling in March, we continue to show a robust development of both revenue and EBITDA, compared to the first quarter of last year. As Rezidor’s revenue is strongly driven by business guests in the Nordics and the rest of Western Europe we were heavily impacted by the Easter holidays, as foreseen, says Kurt Ritter, President & CEO of Rezidor.