Procurement
The average full-year 2013 daily rate at Frankfurt-based Steigenberger Hotel Group increased 2.3 percent year over year to €93.21,
the company reported Thursday. Occupancy increased by a percentage point to 63.7 percent. Earnings before interest, taxes, depreciation and amortization for the year was €19.7 million, up 52.7 percent compared with the prior year.