Meliá Hotels International was founded in 1956 in Palma de Mallorca (Spain) and is one of the world’s largest resort hotel chains, as well as Spain’s leading hotel chain. It currently provides more than 350 hotels in 35 countries on 4 continents under its brands: Gran Meliá, Meliá, ME, Innside, Tryp by Wyndham, Sol and Paradisus. Its product and service portfolio is complemented by Club Meliá, the only vacation club operated by a Spanish company. In 2011, the family company founded by Gabriel Escarrer Juliá, that operated under the name Sol Meliá for decades, began a new stage in its development under the brand name that represents its present and its future: Meliá Hotels International.
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Meliá Hotels doubles profits, improves in all regions
May 15, 2015
PALMA DE MALLORCA, Spain – Meliá made a profit of €16.2 million between January and March 2015, representing an increase of 98% over the same period in 2014.
PALMA DE MALLORCA, Spain – Meliá made a profit of €16.2 million between January and March 2015, representing an increase of 98% over the same period in 2014. Revenues reached €359 million, 14% higher than in the previous year, and financial results improved by 27% (€5.3 million) due to the decrease in net debt and improved average interest rates.
• Net profit attributable improved by 98% and total revenue by 14% thanks to the strong performance of the hotel business and a RevPAR (Revenue Per Available Room) increase of 12%