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Hoteles BESTPRICE grows by 20% in revenue and 11% in profits in its first two months of 2025
19 Mar 2025 17:20 CET
Issuer
HOTELES BESTPRICE S.A.
The hotel chain maintains occupancy rates above 95% during the winter season
Hoteles BESTPRICE continues its strong performance in the first two months of 2025, recording a revenue increase of over 20% compared to the same period last year. This growth reaffirms the positive evolution of the hotel chain, which maintains a strong investment pace. The outlook for the coming months points to further increases in revenue and profits, consolidating the chain's expansion and positioning within the sector.
During these first two months, Hoteles BESTPRICE’s profits have risen by 11%, generating a free cash flow of €330,548 before CAPEX.
The hotel chain also reports excellent occupancy levels during this period, achieving an average occupancy rate of 95% across all its hotels. It has even reached the milestone of 100% occupancy of all its rooms nationwide on certain days at the beginning of 2025.
Furthermore, the chain strengthens customer satisfaction with high ratings on OTA platforms such as Booking. Notably, Hotel BESTPRICE Alcalá maintains an outstanding score of 9.1, Hotel BESTPRICE Valencia boasts an impressive 9.2, BESTPRICE Gracia holds an 8.6, and Hotel BESTPRICE Girona has received a rating of 8.6. These scores reflect the brand's commitment to excellence and customer satisfaction.
According to Oscar Sánchez, President of Hoteles BESTPRICE, “We are starting an exciting 2025 with a clear vision: we strive to be a benchmark in our category, offering an exceptional experience to our customers and creating value for our shareholders.”
Hoteles BESTPRICE It is a boutique hotel chain that leads the premium budget hotel segment in Spain. It offers an innovative, unique, and exclusive concept that is highly attractive to all customers, along with a profitable and growing model for investors. The chain provides the best hotel stay prices with deluxe rooms and first-class reception service, featuring modern facility designs and a fast, personalized, and professional service from a highly trained Guest Services team.
The company currently operates seven boutique hotels: BESTPRICE Diagonal and BESTPRICE Gracia in Barcelona, BESTPRICE Madrid Alcalá, BESTPRICE Girona, BESTPRICE Valencia, the newly opened BESTPRICE Santillana del Mar, and the latest addition, Hostal BESTPRICE Barcelona Stadium. Additionally, the chain will soon expand with three new establishments in Madrid, Barcelona, and Málaga, bringing its portfolio to 10 operational hotels.
Source
HOTELES BESTPRICE S.A.
Provider
Euronext
Company Name
HOTELES BESTPRICE
ISIN
ES0105664009
Symbol
MLHBP
Market
Euronext Access