OREANDA-NEWS. April 23, 2012. Following 2011 Azerbaijan’s hotel business rose by 8,3% up to AZN 114,7 million.

State Statistics Committee of Azerbaijan reports that out of total volume of revenues , 76,5% were received through sale of hotel rooms, 15,8%- from food sale, including drinks.

Hotel expenditures made AZN 88.7 million with annual growth by 0,9%. Main part of expenditures fell on the share of salary payment, and food sale and main funds’ amortization expenditures- 20,5% and 16,3% respectively.