More than 20 percent of the revenues of the Orbis Group come from hotels in Hungary

By: Trademagazin editor Date: 2020. 02. 24. 10:12

Leading Polish hotel group Orbis SA increased its revenue by 4.6 percent to PLN 1.4 billion (approximately HUF 110 billion) last year and its EBITDA increased by 12.6 percent to PLN 499.1 million (approximately HUF 39.2 billion). More than twenty percent of the revenue, or HUF 23.4 billion, came from the group’s hotels in Hungary – the company announced in a statement.

The Revenue Per Room (RevPAR) increased by 5.5 percent year-on-year at Group level, significantly above the average in Hungary by 9.1 percent, while in Poland it increased by 4.4 percent and in the Czech Republic by 4.2 percent. (MTI)

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