Steady course for Flying Elephant

The Flying Elephant hotel group shows solid results for 2017. The group comprises the hotel chain First Hotels, the property company Host Hoteleiendom and the Tribe Hotels operational chain, et al. For Flying Elephant, 2017 was a solid year in line with long-term planning. All subsidiaries deliver positive results before depreciation and write-downs, and they are furthermore subject to significant investment to ensure the continuation of the positive development. “We are in important times and began a major venture in 2017, where all subsidiaries will undergo a significantly upgrade. This benefits our guests