NH Hoteles of Spain reports 1999 net income surged 150%

Article Abstract:

NH Hoteles SA announced that its net income improved by 150% for the 1999 year. The company posted 10.73 billion pesetas (64.5 million euros) in net income for the year.

Spain, NH Hoteles S.A.

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Pretax profit declines 3.3% at Six Continents

Article Abstract:

Six Continents PLC posted a drop of 3.3% in its pretax profits as a result of the September 11 terrorist attacks and the declining global economy. The hotel operator posted 1.17 billion euros in pretax profits.

United Kingdom, Profit, Profits, Intercontinental Hotels Group PLC

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Accor's Shares Climb as Investors Cheer Its Sale of European Stake

Article Abstract:

Paris, France-based Accor SA has sold its stake in Europcar to Germany's Volkswagen AG. The sale of the 50% stake in Europcar, which is a auto rental company, sent Accor stock prices soaring as investors responded favorably.

Asset sales & divestitures, Acquisitions & mergers, Germany, France, Automobile Rent & Lease, Passenger Car Rental and Leasing, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Automotive Rentals, No Drivers, Motor Vehicles and Equipment, Mergers, acquisitions and divestments, Automobile lease and rental industry, Car leasing, Car rental, Volkswagen AG, Transportation equipment industry, Europcar Car Rental, Accor S.A.

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