{"id":348,"date":"2014-08-07T11:27:31","date_gmt":"2014-08-07T09:27:31","guid":{"rendered":"https:\/\/www.hnh.it\/?p=348"},"modified":"2018-11-15T11:33:10","modified_gmt":"2018-11-15T10:33:10","slug":"first-semester-2014revenue-385-47-comparable-basis","status":"publish","type":"post","link":"https:\/\/www.hnh.it\/en\/news\/first-semester-2014revenue-385-47-comparable-basis\/","title":{"rendered":"First semester 2014:revenue up by 38,5% (+4,7% on a comparable basis)"},"content":{"rendered":"

\"\"<\/p>\n

As of June 2014, the consolidated financial statements for the H.n.H Group show a 38.5% increase in total revenue.<\/strong> The positive trend reflects a rise in turnover from 6.258 millions<\/strong> in the first semester of 2013 to 9.044 millions<\/strong> recorded as of June 30th of the current fiscal year.<\/p>\n

On a comparable scope of consolidation<\/strong>, without taking into account the results of Best Western CTC Hotel in Verona, which joined the Group in July 2013, and the statistics of Almar Jesolo Resort & Spa, which opened in May 2014, the group\u2019s percentage growth rate stands at +4.7%<\/strong> compared to the previous fiscal year.<\/p>\n

The consolidated financial statements show a slight decrease (-2.6%) in the average daily room rate (ADR)<\/strong>, and record a significant drop in the occupancy rate (-7.5%), which now sits at 63.9%. If, however, we limit the analysis to the scope of consolidation already included in 2013, the ADR shows a decline of only 0.9%, while the occupancy rate increases by 5.7% to an annual average of 73%.<\/p>\n

Luca Boccato, CEO of the Group,<\/strong> comments on these results: \u201c despite the fact that these are only partial and approximate figures, my views on these first 6 months are extremely positive.<\/strong> The market context is still burdened by the business component, which is still weak at national level. Our group has been very busy with the opening of Almar, the first 5-star Hotel in Jesolo and the Group, which, after the initial challenges of the start-up phase, we believe has excellent growth opportunities towards the targets set by the Group\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

As of June 2014, the consolidated financial statements for the H.n.H Group show a 38.5% increase in total revenue. The positive trend reflects a rise in turnover from 6.258 millions in the first semester of 2013 to 9.044 millions recorded as of June 30th of the current fiscal year.<\/p>\n","protected":false},"author":2,"featured_media":84,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"filtro":[41],"class_list":["post-348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","filtro-corporate"],"acf":[],"yoast_head":"\nFirst semester 2014:revenue up by 38,5% (+4,7% on a comparable basis) - HNH Hospitality<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hnh.it\/en\/notizie\/primo-semestre-2014-ricavi-aumento-del-385-47-parita-di-perimetro\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First semester 2014:revenue up by 38,5% (+4,7% on a comparable basis) - HNH Hospitality\" \/>\n<meta property=\"og:description\" content=\"As of June 2014, the consolidated financial statements for the H.n.H Group show a 38.5% increase in total revenue. 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