Analyst Research Report Snapshot

Title:

Turism Felix SA - High growth expected in the long term

Price:

$161.00

Provider:

Swiss Capital

Date:

16 Aug 2006

Pages:

14

Type:

AcrobatPDF

Companies referenced:

TUFE.BX

Available for Immediate Download
Summary:

Turism Felix is a Romanian company operating a series of 10 hotels located in Baile Felix spa, in the North-West part of Romania. Highlights: High growth potential in terms of turnover coming from a higher occupancy rate and a higher average rate per tourist. Both the occupancy rate and the average rate per tourist are at the present moment lower vs. peers. Spa tourism expected to increase in Romania more than 10% CAGR. Operating margin higher vs peers due to lower labor force cost. Improvements to be made by management will lead to a better visibility on the outside market.

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