Solid tourism business over the winter season as a whole, with economic revenue down by a limited -0.9% for the first half of 2024/2025 due to anticipated calendar effects (shift in revenue to the 2nd half)
Expected growth in annual performance based on the bookings portfolio to date, demonstrating the resilience of the Group's brands in a difficult geopolitical environment.
Franck Gervais, CEO of Pierre & Vacances-Center Parcs (Paris:VAC), stated:
“The Group performed well over the winter season as a whole, with an increase in the customer satisfaction rate, despite the complicated economic backdrop. Mountain resorts were hugely successful with an occupancy rate of 96% in the second quarter of the year. During these turbulent times, local family holidays remain a safe haven and the Group’s positioning fits perfectly with customer expectations for local and meaningful tourism. The portfolio of reservations to date for the second half confirms momentum in our businesses, enabling the Group to confirm its growth trajectory for the rest of the year.”
1] Revenue
Under IFRS accounting, revenue for the first half of 2024/2025 totalled €765.1 million, compared with €778.6 million in H1 2023/2024. The Group comments on its revenue and the associated financial indicators in compliance with its operational reporting (see “Economic revenue” below), which is more representative of its business, i.e. (i) with the presentation of joint- ventures in proportional consolidation, and (ii) excluding the impact of IFRS16
Bron en hele artikel: business wire
Last Minute, Meivakantie, Pasen, Pinksteren, Hemelvaart,
Zomervakantie, Herfstvakantie, Kerstvakantie, Voorjaarsvakantie,
