Design Hotels AG: Design Hotels AG publishes Report on Half-Year Results 2016

Berlin - August 01, 2016 (pta006/01.08.2016/08:25 UTC+2) Design Hotels AG (m:access, Munich: LBA; ISIN: DE0005141006) today reports and publishes the results for the first half-year of 2016 according to the German Commercial Code (HGB).

Revenue increases by 16 percent to Euro 9.8m
EBITDA increases by 74 percent and goes up to Euro 1.2m

Most important key performance indicators within the group

Revenues in the first six months of 2016 increased by 16% to Euro 9.79m (last year 8.42m). Revenues from membership fees grew by 9% to Euro 2.01m (1.84m). Booking commissions increased by around 26% to Euro 4.77m (3.78m) and remain the largest contributor to total revenues. Revenues from Marketing Products/Consulting increased by 7% to Euro 3.00m (2.80m).

Gross margin decreased in the first half-year compared to the same period in the previous year and came in at 60 (63) %.

EBITDA for the first half-year came in at Euro 1.2m (689,000), which is an increase of 74%.

EBIT for the first half-year amounted to about Euro 1m, compared to Euro 509,000 in the same period of the last year.

The Net Profit (result after taxes) for the first half-year amounted to Euro 684,000, compared to Euro 364,000 in the same period of the last year. The profit per share was Euro 0.08 (0.04).

As per June 30, 2016, Design Hotels had cash and cash equivalents in the form of short-term deposits in the amount of Euro 1.52m, as compared to Euro 1.30m as per December 31, 2015. As of the end of the reporting period, shareholders' equity was Euro 7.95m, as compared to Euro 7.26m at the beginning of the financial year. The balance sheet was free of liabilities to banks and noteworthy goodwill.

Further comments

CEO Claus Sendlinger commented:

"We are very satisfied with the result in the first half-year 2016. We once again succeeded in increasing revenues in all three main business areas. The disproportionately strong increase of revenues from Booking Commissions results from the connection of participating member hotels to the customer loyalty program Starwood Preferred Guest (SPG) and to the distribution channels of Starwood Hotels & Resorts in the scope of our collaboration with the company. By the end of 2016, we estimate that about 140 Design Hotels member hotels will join the Starwood Collaboration."

About Design Hotels(TM)
Design Hotels(TM) represents and markets a curated selection of more than 300 privately owned hotels in over 50 countries across the globe. Design Hotels offers them an international platform as well as comprehensive services: Conception, positioning, marketing, sales and other services and measures to optimize their revenues. As part of a worldwide creative network Design Hotels provides for innovation and exchange of ideas among its members, guests and visionary people from other branches. None of the Design Hotels members equals another. Each one has its own character, history and kind and manner how it blends in with the environment. All houses are connected through their uniqueness. They are formed by their creators, hoteliers, architects, designers and other creative minds whose passion form unrivalled events based on good ideas.

www.designhotels.com, ISIN: DE0005141006, m:access Munich Stock Exchange (Regulated Unofficial Market)

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Emitter:	Design Hotels AG Stralauer Allee 2c 10245 Berlin Germany
Contact Person:	Sascha Wolff, Chief Financial Officer
Phone:	+49 30 8849400-14
E-Mail:	ir@designhotels.com
Website:	www.designhotels.com
ISIN(s):	DE0005141006 (Share)
Stock Exchange(s):	Free Market in Berlin, Frankfurt, Munich (m:access), Stuttgart