Covivio Hotels SCA (FR:COVH) has released an update.
Covivio Hotels SCA reports a notable 7.1% revenue growth at constant scope by the end of September, driven by strong performances in Southern Europe and Germany. The company is ramping up its operational model, launching a new hotel management platform named Wiziu, which is set to manage 24 hotels by year-end. This strategic shift aims to enhance hotel performance and leverage the rebound in tourism and business activities across Europe.
For further insights into FR:COVH stock, check out TipRanks’ Stock Analysis page.