Hotéis Othon S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 35.69 million compared to BRL 26.8 million a year ago. Revenue was BRL 43.67 million compared to BRL 32.45 million a year ago. Net income was BRL 51.36 million compared to BRL 54.29 million a year ago.

For the full year, the company reported sales was BRL 126.02 million compared to BRL 86.15 million a year ago. Revenue was BRL 148.94 million compared to BRL 100.44 million a year ago. Net income was BRL 123.51 million compared to BRL 197.69 million a year ago.