Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Belgrade City Hotels	17.35M	20.03M	17.26M	14.23M	8.36M
Belgrade City Hotels Growth	-13.38%	16.01%	21.32%	70.26%	90.41%
Athens City Hotels	108.75M	102.87M	95.05M	79.85M	37.04M
Athens City Hotels Growth	5.72%	8.22%	19.04%	115.58%	237.47%
Resorts	-	-	-	-	5.31M
Resorts Growth	-	-	-	-	123.88%
Total	126.10M	122.89M	112.32M	94.08M	50.70M
Total Growth	2.61%	9.42%	19.38%	85.55%	185.90%

Source: S&P Global Market Intelligence.