Hilton posts 23 percent increase in turnover in 2007

Five-star Athenee Palace Hilton hotel posted close to €30 million in turnover in 2007, 23 percent higher year-on-year. The hotel had an occupancy ratio of some 76 percent and foresees a similar ratio for 2008.
The hotel's management also estimates a10 percent growth in turnover this year.
The company's investments amounted to €3.5 million in 2007 and plans to invest a further €1.5 million this year.