DGAP-News

Design Hotels AG publishes its Report as of the first Half-Year 2015 - Seite 2

became effective in September 2014, various discussions and working
sessions took place regarding the future collaboration between the two
companies. We have agreed to pursue the possibility of connecting the
member hotels to both Starwood's value and recognition program Starwood
Preferred Guest and the reservation system. In the future, we will be able
to expand the product and service offering to our hotels by giving them
access to the most successful customer loyalty program in the international
hotel industry. All connectivity within the Design Hotels reservations
system will remain unchanged."

Business Report with Detailed Key Financials for the First Half-Year 2015:

Business and General Framework Conditions
Continuous Growth in Travel Industry

The report of the UNWTO, which was published in July 2015, confirms that
international tourism continues to be on the upswing. According to the
UNWTO Tourism Barometer, international arrivals increased by 4 percent in
the first four months of 2015. All regions, except for Africa, have
experienced positive growth. By the end of this year, experts predict an
increase of 3 - 4 percent.

Net Assets, Financial Position, and Operational Results
Good Revenue Development in the First Half-Year

In the first half-year 2015, Revenues increased by 16.5 % to Euro 8.42m
(7.23m) compared to the same period in 2014. All three main revenue streams
- membership fees, booking commissions and marketing products/consulting -
could be increased in the first six months of the reporting period.

Revenues from membership fees grew by 11%. The largest contributing revenue
stream, the booking commissions, increased with about 12%. The strong
increase is mainly due to the strong US-Dollar compared to the Euro. Member
hotels invoice guests in their local currencies, of which many are linked
to the US-Dollar.

The value of the generated overnight bookings increased by approx. 29%, the
number of bookings increased by approximately 20%.

Revenues from marketing products/consulting could be increased the most by
more than 27%. The additional revenue resulted partially from different
billing periods compared to the previous year.

Revenue per employee increased by about 15% to Euro 97,000 (84,000). The
average number of employees increased from 86 to 87. On June 30, 2015, 287
hotels were part of the Design Hotels group, compared to 274 at the same
time in 2014 and 288 as per December 31, 2014. The total number of rooms
was 21,499 (20,720) spread over 193 destinations in 58 countries. The