In a still difficult health environment, outstanding first quarter performances with revenue from the tourism businesses 2% higher than the pre-crisis level.
Following the outstanding performances seen over the summer season, business continued to grow in Q1 2021/2022 with revenue up 180% relative to the year-earlier period (harshly affected by the effects of the health crisis with virtually all Pierre & Vacances and Center Parcs sites closed from mid-November 2020).
The performance in Q1 2021/2022 was even better than that of Q1 2019/2020 prior to the Covid-19 crisis (2.1% increase in revenue, of which +3.6% for accommodation), with:
- revenue growth in the Center Parcs Europe division of 7.4%, primarily related to the rise in average letting rates, and benefiting all domains (+11.3% in accommodation, of which +13.9% for the French domains and +9.9% for the domains located in BNG2).
The average occupancy rate was close to 72% over the quarter, identical to the level in 2019.
Bron en hele artikel: Business Wire