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The Warsaw Voice » Business » July 9, 2018
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Good year for hotel group
July 9, 2018   
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Listed hotel group Orbis might enjoy an increase in EBITDA to PLN 478.3 million in 2018 in the light of the positive economic outlook for the CEE region, and stands a fair chance of exceeding the PLN 500 million threshold withing the two following years, brokerage DM BDM head of analysis Maciej Bobrowski tells the daily Parkiet.
On the flip side, the group might face a mid-term risk from lower occupancy coupled with higher operating costs resulting from the labor market pressure.
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