Sales amounted to 368.6 million euros under IFRS standards in the 1st quarter of the 2023/2024 fiscal year, compared with 351.8 million euros in the 1st quarter 2022/2023.

Lodging sales totaled 287.2 million euros in Q1 2023/2024, up +5.4% on the same quarter of the previous year, following a +4.8% increase recorded during the summer season.

This growth was driven both by an increase in the average selling price (+5.0%) and in the number of nights sold (+0.5%). RevPar is also up on Q1 2022/2023 (+4.4%).

The occupancy rate stands at 69.4% (vs. 69.9% in Q1 2022/2023).

' Taking into account reservations to date for the 2nd quarter of the 2023/2024 financial year, the Group currently anticipates continued growth in activity compared with the 2nd quarter 2022/2023, across all brands '.

Copyright (c) 2024 CercleFinance.com. All rights reserved.