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AZIMUT Hotels Company sees budding sprouts of positive market dynamics

Positive Dynamics


AZIMUT Hotels Company (AHC) has published the results of its performance in 2008 and its visions for the industry in 2009. Thus, Azimut’s turnover rose by 10% y-o-y over 2007’s figures to peg at R1.43bln in 2008. 


Also, AHC noted positive dynamics in the industry, beginning from end of April, good news for the industry, especially after the huge difficulties in the first three months of the year caused by the global crisis. “The market has come to life, evident in the growth observed over the past several weeks caused by increasing business activities and the beginning of the summer season when lots of people usually travel,” the AHC said.