|
Related Companies
|
[]
|
||||||||
|
Related Funds
|
[]
|
||||||||
|
|
|||||||||
|
English
|
|||||||||
|
oda_InvestorReportAbstract|
|
|
||||||||
|
oda_UpdateAnnouncementFlag|
|
|
Evet (Yes)
|
|||||||
|
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
|
oda_DateOfThePreviousNotificationAboutTheSameSubject|http://www.xbrl.org/2003/role/terseLabel
|
|
25.07.2024
|
|||||||
|
oda_AnnouncementContentSection|
|
|
||||||||
|
oda_ExplanationSection|
|
|
||||||||
|
oda_ExplanationTextBlock|
|
As of the end of July 2024, 7-month total rental revenues of our hotels in Turkey in Euro terms increased by 4% compared to the same period of the previous year. In the same period, this increase was realized as 39% in Euro terms for our hotels in Russia.
Considering our entire portfolio (excluding Merit Park hotel's revenues for 2023), rental revenues increased by 3% in Euro terms.
On the other hand, decisive steps were taken in line with the Company's vision of reducing financial indebtedness and strengthening the financial structure, and net financial debt decreased by 58% from TL 3.4 billion to TL 1.4 billion as of the first half of 2024.
Operational performance and rental income details can be accessed from the link below.
https://www.akfengyo.com.tr/en/investor-relations/operational-performance
|
||||||||