Orbis with higher revenue in H1 2014

Hospitality group Orbis, a unit of French Accor, recorded a revenue of PLN 326.8 million in the first half of 2014, 3.1 percent more than in H1 2013. At the same time, the average room price grew by 2.1 percent year-on-year, to PLN 209.1. In the second quarter of the year alone, the company's revenue grew by 3.2 percent y/y, to PLN 198.3 million. The company's hotels saw 56.1 percent more guests in H1 2014 compared to the corresponding period of 2013. The revenue per available room grew by 3 percent y/y to PLN 117.3.