Enclosure to current report no. 6/2014
Orbis S.A. hereby submits initial information concerning the revenues on continuing operations of the Orbis Group during the period January - December 2013 that were at the level of PLN 682.6 million. During the 4th quarter of 2013 hotels of the Orbis Group were able to take benefit, among others, of the United Nations Climate Change Conference (COP19), organized in Warsaw. Additionally, the food and beverage (F&B) revenue increase was impacted by our new F&B concept.
A considerable influence on the Group's revenues for the 12 months of 2012 was exerted by the European Football Championship UEFA EURO 2012 hosted by Poland in June, which resulted in the high level of average room rate and revenue per available room.
4th quarter
4th quarter
% 12 months
12 months %
Revenue in PLN million of 2013 of 2012 change of 2013 of 2012 change
Orbis Group 169.1 156.3 8.2% 682.6 707.4* -3.5%
* Revenues generated in 2012 include the impact of the European Football Championship UEFA EURO 2012.
Operating ratios of the Orbis Hotel Group4th quarter
4th quarter
% 12 months
12 months %
of 2013 of 2012 change of 2013 of 2012 change Orbis Hotel GroupOccupancy 54.2% 52.4% 1.8pp 58.4% 54.8% 3.6pp
Average Room Rate (ARR) in PLN
(net of VAT) 219.0 204.0 7.4% 210.0 232.8 -9.8%
Revenue per Available Room
(RevPAR) in PLN 118.7 106.9 11.0% 122.7 127.5 -3.8%
of which:
Economy hotels
Occupancy 59.5% 59.4% 0.1pp 61.6% 56.6% 5.0pp
Average Room Rate (ARR) in PLN (net of VAT)
160.3 147.9 8.4% 150.8 164.4 -8.3%
Revenue per Available Room
(RevPAR) in PLN 95.4 87.8 8.7% 92.9 93.1 -0.2%
Up & midscale hotels (3 stars and more)
Occupancy 52.1% 49.6% 2.5pp 57.1% 54.1% 3.0pp
Average Room Rate (ARR) in PLN
(net of VAT) 245.4 230.4 6.5% 235.4 258.0 -8.8%
Revenue per Available Room
(RevPAR) in PLN 127.8 114.4 11.7% 134.5 139.5 -3.6%
The table includes results of Orbis S.A., Hekon - Hotele Ekonomiczne S.A., UAB Hekon
The above data will be reviewed during preparation of the consolidated financial statements for 2013.
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