Courtyard Bucharest Floreasca hotel ended 2019 with an occupancy rate of approximately 40%. The average price for a night’s stay was over 80 EUR, and the average length of stay approached 2 nights. 80% of the clients are corporate, but the leisure client segment has also begun to grow.
Accommodation services generated 80% of the hotel’s turnover in 2019, while the remaining 20% represented revenues from the SOLT Dining restaurant and income from events held in the hotel’s 7 conference rooms.
Source: Profit
Frequently Asked Questions
What was the occupancy rate for Courtyard Bucharest Floreasca in 2019?
The hotel recorded an occupancy rate of approximately 40% during its first year of operation.
What is the main customer segment for the hotel?
Approximately 80% of the hotel’s guests are corporate clients, though the leisure segment is increasing.
How is the hotel’s revenue distributed?
Accommodation services account for 80% of turnover, with the remaining 20% coming from the SOLT Dining restaurant and conference events.