Link Securities | Meliã Hotels International (MEL) is making a strong entry into Tunisia. The Spanish hotel chain has signed a strategic partnership with Management Hospitality Group (MHG) to operate five new hotels in the African country and reach 3,000 rooms in this destination by 2030, according to Expansión. The first step in this strategy will be the opening this year of a resort operating under the Meliã Hotels &…

Bankinter | The hotel chain plans to launch a hotel investment vehicle with financial partners who will contribute capital or assets. To this end, it has engaged EY and made initial approaches to potential interested parties. Analysis team’s view: Good news for Meliã, as this strategy will allow it to continue growing in Spain without weakening its balance sheet. Faced with the increasing difficulty of finding new locations to contãinue…

Alphavalue/ Divacons | Meliã Hotels International has occasionally outperformed its sector over the last two years, supported mainly by a portfolio structurally geared towards high-yield leisure demand and differentiated resort concepts, which account for more than 60% of its hotel base. This positioning allows the group to capture premium leisure flows, along with demand linked to resilient businesses in popular destinations, especially in Southern Europe and the Caribbean. The post-COVID…

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…

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…