Barceló Expects to Earn 12% More This Year & Get to €28 Mn

6/06/2014 – Expansion

The hotel group raised its total net profit by 614.3% last year and reached €25 million. For 2014, Barceló plans a further, 12% increase until reaching €28.1 million. 

Company´s turnover showed over €1.9 billion in 2013, by 25.2% more, with Ebitda of €183.3 million, by 9.5% better than in 2012. The hotel group wants to drive its Ebitda up by 16% to €212 million in 2014, as well as to improve occupancy, tariffs and RevPar.

Out of the €1.9 billion gains, sales represented €1.1 billion (39.5% bigger) compared to the €806.7 million earned in 2012. The sales mostly refer to Barceló´s travel office branch Viajes with over 700 offices including both touroperators (Quelónea, Jolidey and laCuartaIsla) and specialized brands (LePlan, LeSki, Jotelclick and aerial Evelop).

When it comes to hotels in its chain, the occupancy rate improved by 1.1%, settling at 70.7%, while the average daily rate and the RevPar rose by 2,5% and 4% respectively in regard to 2012. The best figures brought the group the hotels in South America with 85% occupancy. 


Original article: Expansión (after: Europa Press)

Translation: AURA REE