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Rezidor Hotel Group Defends Its Performance as Profits Fall

Brian Sumers

Photo Credit: The Radisson Blu in Riga, Latvia. The brand is controlled by Rezidor Hotel Group, which had a rough 2017. Skift / Hanna Sörensson

Skift Take

Rezidor Hotel Group's fourth quarter earnings call was a snoozer until one Norwegian newspaper reporter decided to call b.s. on the company. That made for an interesting exchange.

Nearly at the end of the Rezidor Hotel Group's fourth quarter earnings call — after the company's two top executives spent considerable time telling analysts the company was on the right track, and making "excellent progress" with a five-year operating plan announced early last year — one newspaper reporter expressed considerable skepticism at the presentation and the hotel chain's prospects. "Your net income is down on the year," said Oliver Orskaug, a reporter at Finansavisen, a Norwegian financial newspaper. "The share price has fallen the last yea

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