Aeroviaggi Group, owner of the Mangia's brand, closes 2021 with revenues of €58million, doubling it’s 2020 turnover. The preliminary results refer to the past twelve months, while in 2021 the company totalled 626,000 bookings by Italian and international tourists, often recording 100% occupancy in the groups 13 resorts and clubs.
A significant overall performance
Gross operating margins amounted to approximately €11million, compared to the one million recorded in 2020. The result is also very close to the €13million achieved in 2019, which was a record season for the group. Considering the lower number of opening days during 2021 compared to the pre-Covid era (123 against 172 in 2019), the overall performance is even more significant.
The Mangia’s brand was launched in July 2021
These results come at the height of the repositioning of the group in the upper-upscale segment, facilitated by the launch of Mangia’s brand in July 2021 and culminating in the December 2021 partnership with Blackstone that allocates some 85 million to the resorts identified in the agreement.
A strong reaction to the pandemic
“We are proud of the results and how our group that has react to the pandemic crisis by radically innovating its business model,” says Marcello Mangia, president of Aeroviaggi. The group, he added, will continue to focus on digitalization, new talents and enhancing the development prospects resulting from the Blackstone partnership.
