Publication of 2024 Annual Report

27.02.2025

Arena Hospitality Group has published its financial annual report for 2024, highlighting outstanding results that confirm strong business growth and stability. The Group achieved an impressive annual revenue increase of 12.5% and EBITDA growth of 25%, driven by continuous portfolio expansion, strategic investments in developing new and repositioned properties, and improved operational efficiency.

In 2024, Arena Hospitality Group recorded strong revenue growth across all regions, with Croatia standing out as a key market and normalization of business operations in Germany, surpassing even the results of the record-breaking year 2019. These results not only confirm successful management and adaptation to dynamic market conditions but also demonstrate the Group’s commitment to continuously enhancing its offerings and guest experience.

"The successful results in 2024 were achieved thanks to our ongoing diversification strategy and investments in our portfolio aimed at expanding the Group’s business year-round. Our hotels, particularly in Croatia, continue to perform well, complementing a more balanced and less seasonal portfolio across Europe. We are pleased to report a revenue increase of 12.5%, EBITDA growth of 25.0%, and a proposed dividend increase of 47% compared to 2023, with a total payout of approximately 5.5 million euros," stated Reli Slonim, President of the Management Board.

Read the full Report