The company managing the Best Western hotel in Gura Humorului saw a 15% turnover increase in the first nine months of 2016

The company Casa Bucovina – Club de Munte, which operates the Best Western hotel in Gura Humorului, recorded a 15% increase in turnover in the first nine months of this year, reaching 6.08 million RON, and turned a profit after reporting losses of 450,000 RON in H1 before the start of the summer season.
Casa Bucovina – Club de Munte recorded operating revenues of 6.09 million RON in the first nine months of this year, an increase of 5.12% compared to 5.29 million RON in the same period last year. At the same time, operating expenses increased to 5.68 million RON from 4.91 million RON.
The operating result was just over 431,000 RON, an increase of 14.15% compared to the same period last year. At the net level, the profit was approximately 579,000 RON, 30.82% higher than the net gain of approximately 442,000 RON.

Frequently Asked Questions

What was the turnover growth for Casa Bucovina – Club de Munte in 2016?

The company’s turnover grew by 15% in the first nine months of 2016, reaching a total of 6.08 million RON.

Did the Best Western hotel in Gura Humorului recover from its H1 losses?

Yes, the company transitioned to a profit of approximately 579,000 RON by the end of September, recovering from a 450,000 RON loss in the first half of the year.

How did the net profit compare to the previous year?

The net profit increased by 30.82%, rising from approximately 442,000 RON to 579,000 RON.