HotelServices reported business volume of 17.9 billion, up 19% and revenue of 1,746 million, up 14.6% as reported and 5.1% like-for-like. continue reading →
Net sales increased by 11.5% to 14,582 MSEK (13,082) due to higher RevPAR and more rooms in operation. Adjusted EBITDA totaled 1,570 MSEK (1,513), corresponding to a margin of 10.8% (11.6). continue reading →
Facebook is accumulating enemies and challenges at such a rate that its horizons have suddenly become somewhat clouded. It may seem madness, or voguishly contrarian, to argue that Facebook is a declining power. continue reading →
Comparable Adjusted Hotel EBITDA Margin: 40 basis point decrease to 29.9% for the 21-hotel portfolio and 10 basis point decrease to 33.4% for the 14-hotel portfolio over the same period in 2016. continue reading →