Numa, revenues to grow by 100% in 2024

The year 2024 of Numa, the European digital hospitality group, closed with over 80 million euros in revenue, a gross operating profit of around 50 million and more than one million nights booked.

"We are redefining the hospitality industry by leveraging cutting-edge technology solutions to meet the evolving needs of modern travellers," said group CEO Christian Gaiser. "We have built a profitable and resilient business in Europe based on sustainable rental coverage ratios and a strong balance sheet. We expect strong growth in 2025 and beyond'.

2024 marked the group's entry into the UK market with the opening of the Numa Bloom facility in London's Bloomsbury district and the acquisition of the UK-based Native Places, which operates 800 units in London, Manchester, Edinburgh and Glasgow.

At the same time, expansion strengthened in Southern Europe. In Madrid, a joint venture with Alting transformed a Fuencarral building into an innovative short-stay complex. In Lisbon and Malaga, new operations were launched to intercept growing demand. In Italy, new facilities were opened in Rome, Venice and Florence, under the leadership of new general manager Umberto Ottaviani.

In Northern Europe, it also debuted in Copenhagen through a partnership with Invesco Real Estate, with a first opening in the Nørrebro district.