Palladium Hotel Group Outlines Successes of 2023 Summer Season ...Middle East

Palladium Hotel Group has concluded the 2023 summer season in the Balearic Islands and Marbella with very positive closing figures. The hotel group forecasts a similarly positive winter season for its hotels in Tenerife, Madrid, the Caribbean and Latin America. The group’s hotels have recorded occupancy figures of 77% globally from July to September, exceeding those during the same period in 2022 by 2%, and accompanying this growth by a cumulative 12% increase in its RevPAR (Revenue per Available Room).

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