Orbis reports record 5.4% revenue increase in 2017

21 February 2018

Orbis delivered record results in 2017 with revenues totaling €343.5m, up 5.4 percent from the previous year. The best performing markets were Budapest, Warsaw and Prague, where double-digit RevPAR growths were recorded. The group’s RevPAR rates for 2017 increased by 6.5 percent (up €43.4) from the previous year. The company’s operating EBITDA amounted to €110.3m, up 20.2 percent y-o-y.

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