Palladium Hotel Group Achieves Revenue Of 948 Million Euros

At FITUR, Palladium Hotel Group announced that it has closed 2022 with an annual turnover figure of 948 million euros, 113% more revenue than in 2021 and 26% more than in 2019. In addition, the group has increased its Average Daily Rate by 29% and its Revenue Per Available Room by 16% compared to 2019. The hotel company, which belongs to Grupo Empresas Matutes, has announced important new developments, including its first hotel in Venice and the refurbishment of several properties in Europe and the Americas.

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