Pierre & Vacances: sales up 8.6% in 1st half-year
Quarterly sales for the Lodging business rose by 11.7% to 310.2 million euros.
Over the 1st half as a whole, sales came to 778.6 million euros (vs. 741.8 million euros in the 1st half 2022/2023), while Lodging sales reached 597.4 million euros, up +8.6% on the 1st half of the previous year.
This growth was driven both by an increase in the average selling price (+5.7%) and in the number of nights sold (+2.7%).
The occupancy rate rose by 0.8 points to 70.1% (vs. 69.3% in the 1st half 2022/2023).
RevPar was up 7.2% on the 1st half 2022/2023.
According to Franck Gervais, CEO of Pierre & Vacances - Center Parcs, the increase in half-year sales validates the quality of each brand's value proposition and the relevance of the strategy they are deploying.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction