Daniel Ben-Yehuda, the head of Parc Hotels, told ZF 2021 has been a challenging year, the business travel segment shrank a lot, Israeli tourists no longer arrived because of the pandemic, tariffs per room dropped and the company is trying to survive this period.
The hotels operated at an average occupancy rate of 30-40% this year.
Daniel Ben-Yehuda expects turnover to post a similar advance, of 10%, in 2022, too.
In 2020, Parc Hotels, one of the biggest hotel companies, registered RON20 million turnover and RON3 million losses, against RON60 million turnover and profit of RON14 million in the previous year.
The company had 214 employees last year, from 300 in 2019.
(English version by Catalina Apostoiu)