Hoteles BESTPRICE S A : increases revenue by 28.5% in Q1, net profit by 17.8%, and reaches a market capitalization of €85 million

About this update from Hoteles Bestprice Sa

13 May 2026 08:13 CEST Subscribe Issuer HOTELES BESTPRICE S.A. The hotel chain, listed on Euronext Paris, opened two new hotels during the first quarter and estimates doubling the company in its three-year business plan. Hoteles BESTPRICE reported its first quarter 2026 results, further consolidating its highly efficient business model with a 28.5% increase in revenue and a 17.8% growth in net profit compared to the same period of the previous year. The hotel chain continues strengthening its positioning as one of the most efficient hotel operators in the market after delivering a strong first quarter marked by significant revenue growth, improvements in key operating indicators, and portfolio expansion through two new openings. In terms of profitability, Hoteles BESTPRICE achieved an adjusted operating margin of 45% on gross revenue during the quarter and generated an adjusted EBITDA of €1 million (€1,005,000) in what is traditionally the weakest quarter of the year, reflecting a highly optimized operating structure and efficient asset management, positioning the company among the most efficient hotel operators in the sector. Operational performance also remained very strong. The average occupancy rate for the quarter reached 93.28% , confirming the strength of demand and the company's ability to maintain consistently high occupancy levels. At the same time, the pricing strategy continued to improve room revenue generation, with an ADR (Average Daily Rate) of €84.35 and a REVPAR of €78.68 , reinforcing the earnings capacity of the BESTPRICE model. Expansion and Portfolio Strengthening The first quarter of 2026 was also marked by the opening of two new establishments: BESTPRICE Toledo and BESTPRICE Maragall Barcelona , increasing the total number of operating hotels to 10 . These additions strengthen the company's presence in strategic urban locations and reinforce its scalable growth model based on well-connected city assets and a highly competitive value proposition. According to Oscar Sánchez, president of the company, "the first quarter results reflect the strength of our business model and our ability to grow while maintaining very high profitability levels. We continue advancing our expansion plan with assets that generate value from day one while demonstrating the scalability of our project." Hoteles BESTPRICE continues progressing in its growth strategy, supported by selective expansion, operational efficiency, and sustained demand from both leisure and corporate segments. Its three-year business plan estimates doubling the company in terms of revenue and number of hotel establishments. The company, listed on Euronext Paris under ISIN ES0105664009 and ticker MLHBP , maintains its objective of continuing to expand in Spain's main cities, consolidating its position as one of the most profitable and dynamic hotel chains in the sector. Key Q1 2026 Figures Gross revenue reached €2,775,564 , representing a 28.5% increase compared to the same period last year. In March, the company exceeded €1 million in monthly revenue for the first time in its history. Adjusted operating margin of 45% on gross revenue, maintaining efficiency and productivity levels among the highest in the global hotel industry. Adjusted operational EBITDA of €1,005,000 in the first quarter. Quarterly occupancy rate of 93.2% . ADR reached €84.35 and REVPAR stood at €78.68 . 10 operating hotels and 2 additional hotels under development for upcoming openings. Hoteles BESTPRICE's net debt stands at €7.48 million , representing 1.57x projected EBITDA for the current year. Estimated gross revenue for full-year 2026 of €11 million . Hotel development pipeline: Hoteles BESTPRICE Pipeline Market capitalization: €85 million on Euronext Paris. About Hoteles BESTPRICE Hoteles BESTPRICE is a boutique hotel chain leading the economic-premium or "budget premium" hotel segment in Spain. The company offers an innovative, unique, and highly attractive concept for guests, combined with a compelling profitability and growth model for investors. The brand provides highly competitive room rates with deluxe accommodations, first-class reception services, modern facility design, and agile, personalized, and professional service delivered by a highly trained Guest Services team. The company currently operates ten boutique establishments: BESTPRICE Diagonal, BESTPRICE Gracia, BESTPRICE Maragall, and Hostal BESTPRICE Barcelona Stadium in Barcelona; BESTPRICE Madrid Alcalá and BESTPRICE Madrid Alegría in Madrid; BESTPRICE Girona in Girona; BESTPRICE Valencia in Valencia; BESTPRICE Santillana del Mar in Santillana del Mar; and BESTPRICE Toledo in Toledo. The company will soon add two additional establishments in Málaga and Logroño, bringing the total portfolio to 12 hotels . Press Contact María Díaz. Tech Sales Comunicación - Press Office Source HOTELES BESTPRICE S.A. Provider Euronext Company Name HOTELES BESTPRICE ISIN ES0105664009 Symbol MLHBP Market Euronext Access Company press releases subscription × To subscribe to Press releases from this issuer, visit the Subscription to Company news section in your account section or create an account . Cancel

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