Detail akcie Orascom Hotels online

Business Summary: Orascom Development Holding AG is a Switzerland-based company engaged in the real estate sector. Through its subsidiaries, the Company develops and manages integrated towns, including hotels, private villas and apartments and leisure facilities, such as golf courses, marinas and supporting infrastructure. The Company operates through four segments: Hotels, which involves provision of hospitality services in Company-owned hotels; Real Estate and Construction, which includes acquisition of undeveloped land and building of real estate; Land Sales, which comprises the Company's land transactions, and Destination Management, which provides facility and infrastructure services at operational resorts and towns. The Company operates more than 30 hotels and controls approximately 101 million square meters of land. Its portfolio includes touristic destinations in Egypt, the United Arab Emirates, Jordan, Oman, Switzerland, Morocco, Montenegro and the United Kingdom.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Orascom Development Holding AG revenues decreased 5% to SF655.2M. Net income increased 18% to SF27M. Revenues reflect Real Estate & Construction segment decrease of 13% to SF402M, Destination Management segment decrease of 19% to SF46M, Egypt segment decrease of 13% to SF453.2M, Occupancy - % - Lustica Bay decrease of 22% to 36%, Average Room Rate - United Arab Emirates decrease of 18% to SF102.