The Board of Directors of HNH Hospitality has presented the results for the first half of 2026. From November 2025 to April 2026, the Group recorded revenues of €42.7 million, representing a significant improvement over the first half of the previous year (€34.2 million).
At the close of the first half, HNH Hospitality recorded an Occupancy Rate (OR) of 70%, while the Average Daily Rate (ADR) increased to €129.4 (compared to 72% and €124.5, respectively, in the first half of 2025).
EBITDA for the last twelve months, from May 2025 to April 2026 — a metric that better reflects the company’s performance excluding seasonal effects — amounted to €17.9 million, up from €14.5 million recorded over the same period in 2025.
“In a complex market environment influenced by factors affecting geopolitical balances, the results achieved in the first half and those expected by the end of 2026 continue to be in line with, or above, budget forecasts, with total revenues expected in the region of €139–140 million and EBITDA forecast at around €21 million.
The start of 2026 has shown a positive trend, with revenue growth supported by solid occupancy levels and a healthy average room rate, confirming the strength of our operating model and the resilience of our portfolio even amid market normalization and seasonality. Furthermore, 2026 is shaping up to be a year of continued consolidation and development, with a strengthened market presence and progress on new projects we hope to announce soon, all fully aligned with our growth and diversification strategy.
We look ahead to the remainder of the year with confidence, aiming to sustain a positive trend driven by revenue growth and improving occupancy levels. We confirm the estimates outlined at the beginning of the year for the close of the financial year, with revenues near €140 million and EBITDA increasing to just under €21 million,” stated Luca Boccato, CEO of HNH Hospitality.
