Covivio Hotels H1 FY26 net profit rises 25% to EUR 143.1 million

Reuters2026/07/31 06:39

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Covivio Hotels posted H1 net income attributable to shareholders of EUR 143.1 million, up 25% from a year earlier.
Revenue rose 3.3% to EUR 168.8 million, driven by hotel revenue up 3.4% to EUR 168.3 million.
Operating income climbed to EUR 179.4 million from EUR 157.1 million on higher property fair-value gains, rising rental income, partly offset by lower managed-hotel EBITDA.
Net debt increased to EUR 2.18 billion from EUR 1.85 billion at end-2025; LTV rose 3.6 percentage points to 32%.
Business updates included EUR 182 million of acquisitions in Italy and Spain, EUR 55 million of disposal commitments, and eight new hotel transformation projects launched.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covivio Hotels SCA published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Covivio Hotels H1 FY26 net profit rises 25% to EUR 143.1 million

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