Hoteles BESTPRICE triples its EBITDA and reaches €1,550,000, with a record 36.7% operating margin and net sales of €4.2 million in 2022

27 Feb 2023 09:01 CET

The hotel chain, listed on EURONEXT PARIS, doubles its turnover and reaches the expected figure for this 2023

February 27th, 2023. Hoteles BESTPRICE manages to close 2022 with EBITDA figures of €1,550,000, tripling the results of the previous year and with an operating margin of 36.7%. The net income of its four hotels reaches €4,220,000. The hotel chain recently announced its fifth hotel in the capital of Turia, opening in the second quarter of 2023. The new 2-star Hotel has 24 rooms, and will offer the best prices for hotel stays with deluxe rooms in the city of Valencia.

Hoteles BESTPRICE has good growth prospects for the year 2023 with a revised forecast of 4.4 million euros of revenue. Occupancy rates have been close to 100% since the end of the pandemic and augurs good quarters in 2023 due to the strong demand for reservations received.

Hoteles BESTPRICE recently began trading on the stock market at a price of €1 per share and with an initial capitalization of €20.4M (€20,400,000). The banking entities CaixaBank, BBVA, Sabadell, Openbank, ActivoBank and Interactive Brokers support BESTPRICE Hotels with stock brokerage in EURONEXT PARIS in the debut of the Spanish company on the STOCK MARKET.

The ISIN code of the company is ES0105664009 and the acronym of the company in the EURONEXT PARIS is MLHBP.

In words of Oscar Sánchez, president of BESTPRICE Hotels, "tremendously happy with our results that consolidate the business model implemented, with a tremendous operating margin and very good prospects for 2023. The human team behind BESTPRICE Hotels is unique and is the that makes it possible for us to offer a product with supreme quality at a spectacular price. Our proposal for deluxe rooms combines modernity, excellence, comfort and the supreme quality of our human team.”

Hoteles BESTPRICE is a new boutique hotel chain that debuts in the hotel catering market with a cutting-edge, unique, exclusive, and very appealing concept for all customers. Hoteles BESTPRICE provides the best hotel rates for its deluxe rooms along with a modern design of the facilities and an agile,  customized and professional service from highly skilled reception personnel. It has four boutique hotels, BESTPRICE Diagonal and BESTPRICE Gracia in Barcelona, BESTPRICE MADRID Alcalá and BESTPRICE Girona. For further information: https://hotelesbestprice.com/. And a fifth hotel in the city of Valencia that is estimated to open in the 2nd quarter of 2023.

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María Díaz

Tech Sales Comunicación – Gabinete de Prensa

http://www.techsales.es