(AOF) – In the 1st quarter of 2023/2024, the Pierre & Vacances-Center Parcs Group recorded turnover from tourist activities up almost 6% compared to the 1st quarter of 2022/2023, at 363.7 million euros, in the wake of the growth recorded during the summer season. The group specifies that the reservations received to date are in progress compared to the previous financial year, and already represent nearly 85% of the budgeted objective for the first half of the year and almost half of the budgeted objective for the whole of the 2023/2024 financial year.
Accommodation turnover amounted to 287.2 million euros in the first quarter, up 5.4% year-on-year after an increase of 4.8% recorded during the summer season.
The group’s total turnover increased by only 0.9% to 394.1 million euros.
Taking into account the reservations to date for the second quarter of the 2023/2024 financial year, the group currently anticipates continued growth in activity compared to the second quarter of 2022/2023, across all brands.
The portfolio of reservations collected to date, up compared to that of the previous financial year, reached almost 85% of the budgeted objective for the first half (i.e. a little more than 40% of annual activity) and almost half of the budgeted objective for the entire 2023/2024 financial year, allowing the group to approach 2024 with confidence.
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