Hotel con Corazón in 2012
For Hotel con Corazón, 2012 was a year full of highlights. The occupation rate rose from 58% in 2011 to 67% in 2012. February even turned out to be our best month ever, with an occupancy rate of a staggering 93%!
Our revenues showed a similar growth: $ 277K in 2012, compared to $ 206K in the year before. Since we have been able to limit the costs of running the hotel, our profits more than doubled last year: from $ 57K to $ 116K (before depreciation, taxes and reservations). 2012 was the first year in which we were profitable in every single month – even in the slowest months September and October.
Corazón Trips, our experience trips, matured in 2012 and contributed $10K to our profit.
That is good news – but even better if you take into account that our profits are invested in educational projects!
• We gave classes to 115 students in the two schools in Las Lagunas – meaning tutoring classes, homework classes and English classes.
• We supported 4 university students financially.
• Two other NGO’s on education in Granada received financial support from Hotel con Corazón.
• Last but not least, eight Corazón employees are studying with the help of the hotel. Three employees have a special savings arrangement with the hotel, to help them finish their university.
A ‘thank you’ goes out to our wonderful guests who made this happen. We are ready for an evenly fabulous 2013!