Hotel income increased by 37.6% for 2023

15:31 - 29.01.2024


January 29, Fineko/abc.az. The revenues of hotels and hotel-type facilities in Azerbaijan for 2023 increased by 37.6% against 2022 to 488.8 million manats.

ABC.AZ reports with reference to the State Statistics Committee that 60% of income received from renting rooms, 27.7% - catering services, 3.4% - medical and wellness services, 8.9% - other services.

In 2023, the average occupancy rate of hotels and hotel-type facilities was 20.1% compared with 15.7% in 2022. In Shabran, this figure was 51.4%, in Naftalan - 44.1%, in Beylagan - 29.9%, in Baku - 29.8%, in Guba - 27.4%, in Lankaran - 25.7%, in Aghjabadi - 22.8%, and in other cities and districts, hotel occupancy was below the national average.

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