Profit of Hotels Decreased

In 2015, 536 hotels and other facilities gained 183.1 million manat, which is 1.1% more than in the previous year.. In general, their income fell by 22.5 million manat, the State Statistics Committee said.

In 2015, the overall cost of hotels totaled 171.7 million AZN, 24.6 million manat more compared to 2014.

Last year, the share of hotel rooms was 63.3%, and services for drinks and food were 23.8% of the hotel revenue.

One-third of the total number of one-time capacity of hotels (38.5 thousand) accounted for a share of Baku. In the regions, the highest concentration of hotel facilities is available in the resort region of Khachmaz (16.5%).

In Azerbaijan, 31 hotels have been awarded five stars, 70 hotels - 4 star s and 29 hotels - 3 stars.

It is noteworthy that in 2015 the total number of employees of hotels decreased by 645 and was 8,364 at the beginning of 2016. Their average salary was 521 manat per month last year. --- 08D

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