Record Results for Arcotel Hotel

Published: April 20, 2011; 13:13 · (Vindobona)

ARCOTEL Hotel AG ends the financial year 2010 with extremely positive results. Sole director Manfred Mayer intends to continue expanding in future.

Record Results for Arcotel Hotel / Picture: © Flickr

The Austrian Arcotel Hotel AG concluded the financial year 2010 with great success. With a net profit of almost € 2m, the group has increased the previous year's earnings clearly. The profit margin grew from 6.4% in the previous year to 20.3%. The equity ratio amounts to 70.5% in 2010, after 62% in 2009.

Manfred Mayer comments on these figures: "I am pleased to say that our…

This article includes a total of 228 words.

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