MHP Hotel AG Sees Strong Growth and Confirms Positive Outlook

MHP Hotel AG has reported significant financial improvement for FY24. Sales increased by 18.2% year-on-year to €161 million, driven by strong performances in both F&B and Logis divisions. Occupancy rates rose by 5.6 percentage points to 77.5%, alongside a 6.5% increase in average daily rates (ADR) to €217.75. These factors contributed to an impressive boost in revenue per available room (RevPar), which climbed 14.8% year-on-year to €168.73.

The company's EBITDA saw a substantial improvement, jumping from €1.1 million in FY23 to €10.4 million in FY24, reflecting a margin of 6.4%. The brand MOOONS, particularly, achieved an 11% EBITDA margin. Looking ahead, MHP Hotel confirms its guidance for FY25 with expected sales of €180 million and EBITDA of €15 million.

Expansion remains a key focus for MHP, with the current market providing strategic opportunities for acquisitions and repositioning of properties. The company continues to explore financing options to support potential growth initiatives, underscoring its robust position in the luxury hotel sector.