Danubius operates three hotels in Romania, in Sovata, Bradet and Faget.
Its total revenues in Romania climbed 13% in the first quarter to HUF317 million (RON4.69 million), the group said in its financial report.
Occupancy rate increased from 38.7% last year to 43% in the first quarter, and the number of clients rose from 10,544 in January-March 2012 to 11,514 in the same interval this year.
Its EBITDA increased over two times from HUF15 million to HUF36 million.
The group invested HUF314 million in Romania in 2013, compared to HUF1 million a year ago, mainly in upgrading its hotel in Bradet.
Danubius’s total loss before taxation stood at HUF2.8 billion (EUR9.5 million) in the first quarter, from HUF1.1 billion in the similar interval a year ago. Its net revenues from sales increased 4% to HUF8.63 billion (EUR29.1 million).