Minor Hotels, primo semestre da record: per il gruppo di Anantara, NH &co. ricavi sopra il miliardo di euro
💸 Minor Hotels Europe & Americas reported €1.15 billion in revenues for the first half of 2024, a +11.5% increase over €1.03 billion in H1 2023. The company's net profit soared by +57.4% to €71 million. Daily rates averaged €143, with RevPAR growing from €90 to €96, and occupancy reaching 67.6%. EBITDA rose by 11.4% to €298 million, and the firm reduced its debt by €24 million to €241 million. Liquidity stood at €537 million as of June 30, 2024. Italy saw +4% revenue growth, with occupancy at 67% and ADR at €185. Fitch upgraded the company's credit rating from B to BB- in April 2024.
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