Rezidor Hotel Group: YEAR-END REPORT January-December 2013

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| Source: Rezidor Hotel Group AB
Fourth Quarter 2013
  * Like-for like ("L/L") RevPAR was up by 5.4%.
  * Revenue decreased by 1.9% to MEUR 236.0 (240.6).
    On a L/L basis Revenue increased by 4.0%.
  * EBITDA amounted to MEUR 25.8 (15.4), and EBITDA margin increased to 10.9%
    (6.4).
  * Profit after tax amounted to MEUR 7.3 (-13.5).
  * Basic and diluted Earnings per Share were EUR 0.05 (-0.09).
  * Ca 2,150 new rooms were contracted and ca 950 new rooms opened.

Twelve Month Ended December 2013
  * L/L RevPAR was up by 5.8%.
  * Revenue decreased marginally to MEUR 919.5 (923.7).
    On a L/L basis Revenue increased by 3.2%.
  * EBITDA amounted to MEUR 80.7 (50.7), and the EBITDA margin increased to
    8.8% (5.5).
  * Profit after tax amounted to MEUR 23.2 (-17.0).
  * Basic and diluted Earnings per Share were EUR 0.16 (-0.12).
  * Cash flow from operating activities amounted to MEUR 54.6 (16.5).
  * Ca 6,400 new rooms were contracted, ca 3,300 new rooms opened and ca 2,000
    rooms left the system.
  * The Board of Directors intends to propose:
      - A rights issue of approximately MEUR 60
      - No dividend to paid out for the financial year 2013

 MEUR                       Q4 2013 Q4 2012 FY 2013 FY 2012
-----------------------------------------------------------
 Revenue                      236.0   240.6   919.5   923.7
-----------------------------------------------------------
 EBITDAR                       79.6    78.3   317.0   300.3
-----------------------------------------------------------
 EBITDA                        25.8    15.4    80.7    50.7
-----------------------------------------------------------
 EBIT                          12.9    -8.9    44.2    -1.1
-----------------------------------------------------------
 Profit/loss for the period     7.3   -13.5    23.2   -17.0
-----------------------------------------------------------
 EBITDAR margin, %            33.7%   32.6%   34.5%   32.5%
-----------------------------------------------------------
 EBITDA margin, %             10.9%    6.4%    8.8%    5.5%
-----------------------------------------------------------
 EBIT margin, %                5.5%   -3.7%    4.8%   -0.1%
-----------------------------------------------------------


Comments from the CEO

Our  Route  2015 turnaround  plan  generated  significant margin improvements in
2013. The  Board of Directors intends to propose a rights issue of approximately
MEUR 60 to accelerate strategy and profitability initiatives.

"I  am pleased to report a like-for-like  RevPAR increase of 5.4% for the fourth
quarter  and 5.8% for the full  year 2013. The increase in  RevPAR in the fourth
quarter was primarily driven by improvements in average room rates, coupled with
continued  occupancy growth.  Revenue was  slightly down  compared to  last year
primarily  due to  the strengthening  of the  Euro and  the exit  of nine leased
hotels at the end of 2012.

We  gained further market share and generated significant margin improvements in
line  with  our  Route  2015 targets.  The  EBITDA margin grew by 4.5 percentage
points  to 10.9% in the  fourth quarter and  by 3.3 percentage points to 8.8% in
2013. In  total it  is estimated  that Route  2015 yielded 2.6 percentage points
improvement in EBITDA margin in 2013.

Asset  Management has proven to be a key driver of Route 2015 and we concluded a
year  of successful activities by signing four agreements to further improve the
profitability  of the leased portfolio. We  maintain the momentum, having signed
another  asset  management  deal  in  January  with an annual positive effect on
EBITDA of ca MEUR 1.2 as from 2014.

To accelerate the execution of key strategic initiatives, the Board of Directors
intends  to propose a rights issue  of approximately MEUR 60. The capital raised
from  the rights  issue will  allow Rezidor  to capture additional opportunities
within  Asset  Management,  continue  to  invest  in  the  leased  hotels  at an
accelerated rate and further drive focused growth in emerging markets.

During  the quarter,  we opened  ca 950 rooms  and added  ca 2,150 rooms  to the
pipeline.  All  new  rooms  signed  and  opened  were under fee based contracts,
supporting our asset-light strategy."

Wolfgang M. Neumann, President & CEO


Presentation of the Q4 Results

On  February  7, 2014 at  10:00 (Central  European  Time)  a  combined telephone
conference and live webcast (in English) concerning the report will be presented
by  the President &  CEO, Wolfgang M.  Neumann and Deputy  President & CFO, Knut
Kleiven.

To follow the webcast, please visit www.investor.rezidor.com

To access the telephone conference, please dial:

 Sweden:                +46(0)8 5051 3793

 Sweden toll-free:      0200 883 440

 UK:                    +44(0)20 3427 1907

 UK toll-free:          0800 279 5004

 France:                +33(0)1 76 77 22 21

 France toll-free:      0805 631 579

 US:                    +1212 444 0896

 US toll-free:          1877 280 2342


Confirmation code: 1763696

For a replay of the conference call please visit www.investor.rezidor.com.

Financial Calendar

Q1 2014 results: April 24, 2014
AGM 2014: April 24, 2014
Q2 2014 results: July 23 2014

This  quarterly report comprises information which Rezidor Hotel Group AB (publ)
is  required to disclose  under the Securities  Markets Act and/or the Financial
Instruments  Trading  Act.  It  was  released  for  publication at 07:30 Central
European Time on February 7, 2014.


For Further Information, Contact

Knut Kleiven
Deputy President & CFO
Tel: +32 2 702 9244
Fax: +32 2 702 9330
knut.kleiven@carlsonrezidor.com

Ebba Vassallo
Director, Investor Relations
+32 2 702 9286
+32 2 702 9300
ebba.vassallo@carlsonrezidor.com


About the Rezidor Hotel Group

The  Rezidor Hotel Group  is one of  the most dynamic  and fastest growing hotel
companies  in the world. The group  currently features a portfolio of 429 hotels
with  ca 95,000 rooms in operation and  under development in almost 70 countries
across  Europe, the  Middle East  and Africa.  Rezidor operates  the core brands
Radisson Blu and Park Inn by Radisson, as well as Hotel Missoni.

Rezidor is a member of the Carlson Rezidor Hotel Group.

For more information, visit www.rezidor.com


The full report with tables can be downloaded from the following link:

[HUG#1760011]