Orbis Hotel Group announces a profit of EUR 110.3 million for 2017, 20% higher than the previous year, with the best-performing markets being Budapest, Warsaw, and Prague.
The average service rate increased by 5%.
During 2017, Orbis opened 8 new hotels and entered 2 markets, Serbia and Bosnia-Herzegovina.
Orbis Hotel Group is the largest hotel chain in Poland and Central and Eastern Europe, with 126 hotels.
Source: Profit
Frequently Asked Questions
What was Orbis Hotel Group’s profit in 2017?
Orbis Hotel Group reported a profit of EUR 110.3 million in 2017, a 20% increase compared to the previous year.
Which markets were the most successful for Orbis in 2017?
The top-performing markets for the group were Budapest, Warsaw, and Prague.
How many hotels does Orbis Hotel Group operate?
As of the 2017 report, the group is the largest hotel chain in Poland and Central and Eastern Europe, operating a total of 126 hotels.