Earnings Report /

Arena Hospitality Group: Q1 21 – Challenging quarter as expected

  • ADR decreased by 6.9% to HRK 333.1.

  • Total revenues in the Croatian portfolio reached HRK 5.1m (-49%). Total revenue in foreign portfolio down by 93%.

  • Net profit affected by lack of deferred tax asset compared to 2020.

Tea Pevec
Tea Pevec

Head of Research

6 May 2021
Published byInterCapital


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