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Terme di Sirmione aims to surpass pre-Covid levels

Tuesday, 28 June 2022 10:16
Terme di Sirmione Terme di Sirmione - Aquaria Thermal Spa

Terme di Sirmione aims to surpass pre-Covid levels. Closing 2021 with results exceeding expectations, it has set itself the goal of exceeding pre-Covid levels in 2022.


The balance sheet as of last December shows revenues of €27 million, with a net profit of 1.2 million. “Surprising figures in some ways - comments the general manager of the Brescia-based company, Margherita De Angeli - given the collapse in sales in 2020 and considering that 2021 was a year with many limitations. Our facilities have operated in full compliance, opening at full capacity from June 2021 onwards, although there have been some limitations in terms of capacity (Aquaria Thermal Spa) and in the provision of some services.”

Significant growth in the hospitality sector

All areas from health to wellbeing, and from hospitality to products experienced a rapid recovery in turnover in the second half, generating volumes almost equal to the same period of 2019. There was significant growth in the hospitality sector with the 5-star Grand Hotel Terme, the 4-star Sirmione and Acquaviva del Garda, the 3-star Fonte Boiola, and the Golf Bogliaco. “These results confirm there is a great interest in Lake Garda, both from the domestic market and from German-speaking countries,” added De Angeli.

The difficulty of finding staff

Now the goal for 2022 is to exceed the threshold of €40 million in revenues, which is higher than 2019. "In addition to a huge increase in the costs of energy and as well as raw materials and consumables, we cannot find a solution to the incredible difficulty of finding staff - admits Margherita De Angeli -. Companies working withing the compliance of national employment contracts like us at Terme di Sirmione face unfair competition. In a market where undeclared hiring and unscrupulous methods are rife, professionalism should be monitored. It is a sad scenario that further distances us from foreign markets on a competitive level.”

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