Already 3,898 people have seen this company's branding and they are being followed by 68 Storybook user.In average the company has been rated 5.0 points but has not been commented.

's activity report 2022

Dorpat OÜ started its operations in 2007. The company was established to provide guests with accommodation, catering and spa services.

In the certified three-star superior quality hotel, there are 205 rooms, a restaurant, two meeting rooms, and Herb Spa.

At the end of 2022, we started the project activities “Development of Dorpat hotel's business model through the addition of a foreign family segment and further development of the business segment”, the aim of which is to create a family and business floor and add new customer segments in domestic and foreign markets. The result of the project is a family and business floor with a new value proposition and customer experience, and the creation of supporting services. The project deadline is March 2023. The main goal for 2023 is to continue improving our guest service, strengthening sales activities, and maintaining our position in the hotel landscape.

The most important keywords in 2022 were the recovery of domestic tourism, a modest increase in foreign tourism, and a sharp increase in costs, which is related to the energy crisis, personnel costs, and a rapid increase in all input prices. The intervening time has also forced us to optimize costs, analyze activities, and plan new future services.

The occupancy of Tartu hotels is correlated with the organization of events in the city and nearby counties, both for business and end consumers.

Periods of higher demand are school holidays and summer months. The main customer segment is Estonians who visit us for vacation purposes.

The environmental impacts of human activity are a topical issue in the world and also in our company, and therefore, considering the sustainability of the company, it has received attention. Our own people are the basis of our success, and we prioritize their health, safety, and well-being, thus contributing to our communities. As the awareness of all employees grows, consumption habits also adapt and move towards frugality. In our company, we have involved everyone, as everyone has an important role in waste sorting, water consumption, and material consumption.

During the financial year and the reporting period, no risks related to changes in exchange rates, interest rates, and stock prices were identified.

Main financial ratios for the financial year and the previous financial year and their calculation methodology:

Initial data (in euros) 2022 2021

Current assets 3 661 534 3 237 643

Short-term liabilities 481 414 297 152

Cash 3 402 929 3 116 432

Liabilities 481 414 297 152

Assets 4 336 042 3 672 334

Inventories 45 171 32 995

Profit for the reporting year 479 446 -55 306