Hotéis Othon 6M FY26 net profit drops 17.5% to R$ 21.4 million; net revenue climbs 17.9% to R$ 113.4 million
Reuters2026/08/14 15:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Hotéis Othon posted 6M26 net sales of R$ 113.4 million, up 17.9% year over year.
- Recurring adjusted EBITDA rose 20.2% to R$ 47 million, lifting margin by 0.8 percentage points to 41.4%.
- Net profit fell 17.5% to R$ 21.4 million, pressured by income tax and social contribution expense more than doubling to R$ 13.1 million.
- Average daily rate climbed 21.2% to R$ 991.05; occupancy was broadly flat at 79.3% and RevPAR increased 22.5% to R$ 743.09.
- Management highlighted the Othon Palace Copacabana Rio rebrand and said it remains on track with its judicial recovery plan.
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. Hotéis Othon SA - em Recuperacao Judicial published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.
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