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We want to get to the furthest reaches of the planet

Meliá Hotels International - Third Quarter 2024 Results

Corporate News

Third consecutive positive season for Meliá, improving Net Profit by +28.3% (€139.4Mn)

 

​Net Revenue per Available Room (RevPAR) confirms forecasts and increases by +11.9%

At Group level, the positive booking pace continues, in line with the global trend towards a normalisation of growth rates

Positive outlook for Q4, with an extension of the holiday season in the main destinations and an upturn in the congress and events season in the urban segment

Melia.com, the company's direct channel, which now accounts for 49.6% of centralised sales, is key to optimising sales and maximising customer loyalty

The focus on margins resulted in a +262 basis points improvement in Ebitda Margin in Q3 vs 2023

30 hotels signed and 14 new openings to date

The group has renewed and extended its 'Top Employer' certification to the 9 countries where it has 77% of its global workforce, positioning itself among the best companies to work for at a regional level in Europe and the Americas

Meliá, globally recognised as the most sustainable company in the tourism sector according to TIME magazine and Statista, and as the most trusted tourism company according to the Newsweek and Statista rankings

In the final stage of the year, the Company confirms its objectives to achieve low double-digit RevPAR growth and Ebitda of at least €525Mn by the end of 2024, returning to the pre-pandemic Net Financial Debt/Ebitda ratio



Acces here to the complete press release