Orbis with higher revenues in Q1 2016

The Orbis group reported revenues of PLN 247.2 million in Q1 2016, an increase of 7.9 percent year-on-year, Orbis announced. The company also said that their occupancy rate (in Poland) amounted to 56.7 percent, compared with 53.5 percent last year. The average price for a room stood at PLN 198.9 (VAT excluded) and was higher by 3.1 percent y/y. Orbis hotels operate under brands owned by Accor: Sofitel, Novotel, Mercure, ibis, ibis budget and ibis Styles.