The Hungarian-owned Hotel & More Group, an independent hotel operator, has doubled its net revenue to HUF 7.4 billion (EUR 18.6 million) in 2023 and expects a 20-25 percent increase in 2024.
In 2023, the number of hotels and venues in its portfolio increased by almost 15 percent. The group’s portfolio currently comprises 33 hotels and venues, 25 of which are located in Germany and 8 in Romania, Slovenia and Croatia.
In January this year, the Bellevue Conference and Wellness Hotel in Esztergom was added to the portfolio. There are plans to add further hotels and event venues to the group in 2024.
In addition to Hotel & More Hotels Zrt., the Hotel & More Group also includes several smaller companies, most of which are owned by the same company. The group currently employs more than 500 people.