Source: Melia
  • La compañía obtiene Resultado Neto positivo, tras haber dejado de consumir caja después del impacto de Omicron, y mantiene la previsión de cerrar una nueva operación de venta de activos antes de finalizar el año
  • El RevPAR (Ingreso Medio por Habitación Disponible) del 2º trimestre estanco supera el nivel alcanzado en 2019, fundamentalmente gracias a la evolución del precio medio
  • La actual fortaleza de la demanda en los hoteles vacacionales anticipa un tercer trimestre muy positivo para la compañía, líder en el segmento de ocio
Source: MeliaSource: Melia
Source: Melia

The second quarter reverses the trend at the beginning of the year to generate results similar to pre-pandemic levels

Gabriel Escarrer, Executive Vice President and CEO of Meliá Hotels International: The Group's results in the first half of the year prospered due to the strong recovery in travel on a global level, particularly in leisure travel in both resort and city destinations, a segment in which Meliá has a significant leadership, as well as the return of international travel after a couple of years of travel and border restrictions. Our company is therefore one of the ones that have benefitted most from the exponential increase in demand, thanks to our strong direct sales channels and the revenue optimisation allowed by a high degree of digitalisation (with a new version of melia.com which is even more versatile, experiential and multi-channel). This is further enhanced by our positioning in sustainability, where we place first in the European ranking according to Standard&Poors Global, in a society that is attaching increasingly greater importance to social and environmental responsibility in regard to travel.

The trends behind our results in the first half of the year are undoubtedly the very strong growth in travel demand, described by some as “revenge travel" as a reaction to the travel restrictions experienced by the world's population. This demand is largely accompanied by reduced price sensitivity, a factor that is less important than quality, safety and flexibility in the mind of post-Covid travellers. Given the complexity and uncertainty in the business environment, at Meliá we've taken full advantage of this "favourable wind" to consolidate our strengths, enhance our assets and adapt them to the new requirements and expectations of travellers who are eager for experiences and more likely to choose higher quality and luxury products and rooms, a segment that continues to lead the increase in demand. All of this creates a "virtuous circle" that has allowed us to double the rate of growth in the first half of the year, with 18 new hotel openings, and which will certainly help us to continue growing and restoring value."

Meliá Hotels International has presented results for the first half of 2022 which add to its confidence in overcoming the consequences of the pandemic and point towards a very positive third quarter, both due to strong pent-up demand for resort hotels built up over the past two years, and the better than expected performance in city hotels, which in some cases have achieved results above pre-pandemic levels. The company obtained a positive net profit for the period of €3M, (+102%), closed the semester with an EBITDA of €163.3M, and met its objective of generating a positive cash flow ever since overcoming the impact of the Omicron variant. Consolidated revenue excluding capital gains (€741.5M) increased by +222.6% up to June compared to the first half of 2021, and by +206% in the second quarter itself (€470.1M), just -1.3% behind the same period in 2019. On the other hand, effective cost control, jointly with rate optimization achieved thanks to its digital capacity, the product enhancement and the focus on luxury hotels and rooms, allowed Meliá EBITDA margins similar to 2019, despite the impact of inflation.

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About Melia Hotels International

Founded in 1956 in Mallorca (Spain), Meliá Hotels International operates more than 390 hotels (portfolio and pipeline) throughout more than 40 countries, with brands including Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSiDE by Meliá, Sol by Meliá and TRYP by Wyndham. The Company is the global leader in resort hotels, while also leveraging its experience to consolidate the growing segment of the leisure-inspired urban market. Its commitment to responsible tourism has led the Group to become the third most sustainable hotel company in the world in 2018, according to RobecoSam, the investment company to produce the Dow Jones Sustainability Index. Meliá Hotels International is also included in the IBEX 35 Spanish stock market index and it is the Spanish hotel leader in Corporate Reputation (Merco Ranking). Follow us on Twitter, Facebook, Linkedin and Instagram meliahotelsinternational.com