Meliá Hotels

Companies 20th October 2025

Meliã open to potential acquisitions that will not put pressure on cash flow, via capital increase

Renta 4 | Interview with Mr Gabriel Escarrer in Expansión newspaper. Among the comments we highlight: If good acquisition opportunities arise (holiday segment), Meliã would carry out a capital increase, which would not put pressure on cash flow. The current situation for Meliá and the sector is one of ‘normalisation’, after several years of strong growth following Covid-19, in which they grew three times faster than the GDP of the…

Companies, Markets 31st July 2025

Meliã earns €69 million (up 90%) in 2Q2025 thanks to €23.9 million in capital gains

Intermoney | The hotel chain has once again posted very solid results, more or less in line with our estimates at the high end, but slightly better in terms of margins and at the low end. All the markets in which it operates continue to show great strength, with the exception of Cuba and Germany, with a 6% increase in RevPar for the quarter (4.7% from price and 1.3% from…

Companies 21st July 2025

Meliã Hotels repurchases 50% of Paradisus Salinas Lanzarote from Victoria Hotels & Resorts for €36.5 million

Link Securities | Meliã Hotels (MEL) has repurchased 50% of Paradisus Salinas Lanzarote from Victoria Hotels & Resorts, a company formed by Bankinter and its high net worth clients, GMA and the hotel chain itself, according to Expansión newspaper. The deal was closed at a price of €36.5 million, valuing 100% of the hotel at more than €70 million. As Meliá continues to hold 7.5% of Victoria Hotels & Resorts…

World politics 15th April 2025

UNWTO forecasts record 1.6 billion global travellers in 2025 and 2.4 billion in 2040; Buy Meliã, P.O from €9.5 to €9

Deutsche Bank | Between 1975 and 2019, the number of annual global travellers nearly doubled every 15 years. The Covid-19 pandemic in 2020 was the biggest crisis the industry had ever faced, reducing tourist numbers to almost a quarter of 2019’s record level of 1.46 billion. However, in 2024, the tourism sector almost fully recovered, reaching 1.45 billion travellers (only 1% less than in 2019), and returning to its growth…

In the World 18th December 2024

Meliã makes new asset sale, 25% of two hotels in Punta Cana, for €60 million

Intermoney | According to various media reports, Meliã (Buy, P.O. 9.0) has reached an agreement with Dominican entity Grupo Popular for the sale of 25% of two hotels (Paradisus Palma Real Golf & Spa and ZEL Punta Cana) in Punta Cana for €60 million. No further details have been given regarding the price paid compared to the last valuation or how it will affect its bottom line. Assessment: Positive news,…

Spanish economy 14th June 2023

Meliã’s hotel occupancy is highest ever at record 110,000 rooms globally

Link Securities| Gabriel Escarrer, CEO of Meliã International, said the company operates a record 110,000 rooms worldwide, digital portal Bolsamania.com reported yesterday. Meliã’s hotel occupancy is the highest in its history. The company will also add capacity in Vietnam, Italy, Cuba, Seychelles and Montenegro and will start operations in Albania and Tanzania in 2023. Additionally, the hotel chain has raised its bookings to 30% above 2019 and expects margins to…

Companies, Ibex, Spanish economy 28th November 2022

Meliá’s goal is to cut debt by half in two-three years, leaving it under €650 M

Bankinter | Meliá’s CEO said in an interview with a local media outlet that one of the group’s big goals is to cut its net financial debt to less than half in a period of two-three years. This would mean trimming it to below 650 million euros from the 1.271 billion currently (excluding leases). To do this, it forecasts that demand will remain strong, at levels close to those of 2019…

Ibex, Spanish economy 20th June 2022

Meliá forecasts closing 2022 with Ebitda of over €400 M; expects to recover pre-Covid revenues in 2023

Bankinter | Meliá has offered some guidelines for the next few years, for the first time since the pandemic. It will recover pre-Covid revenue levels in 2023, with an improvement in margins of 300 bp from 2024. This clearly beats our estimates. The CEO of Meliá forecasts closing 2022 with EBITDA of over 400 million euros, excluding capital gains. In 2023, the group will recover pre-Covid revenues (1.8 billion euros…

Spanish economy 29th May 2022

Strong recovery in demand, significant margin improvement, return to profits: Buy Meliá (T.P. 7,76 eur/shr)

Bankinter | The Q1 2022 results reflect a greater impact from inflation on costs. For that reason we are lowering our estimates (-6% at EBIDTA level) and target price -5% to 7,76 euros/share. That said, we believe that the share price has over-reacted (down 10% since the publication of results). So it’s a good opportunity to take positions in the stock. The news flow will improve in the coming months….

Spanish economy 6th April 2022

Spain’s hotels hope to beat pre-Covid levels this Easter week; Meliá, amongst the firms to play the recovery

Bankinter | The big Spanish hotel chains foresee occupancy levels this Easter week beating those prior to the virus. They all coincide in that the outlook is optimistic, despite the uncertainty fuelled by the conflict and escalating fuel prices. And in the majority of cases, they are are confident of exceeding or being very clost to pre-Covid levels during the Easter break. In some case, bookings are up 15% on…

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