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%
bonvoy. took us bringing together the largest real estate owners like black stone, avalon, starwood, all the groups you rent at to create the first loyalty alliance and make this possible. and then mastercard came on board as well. so there s no catch. rent has been the single largest expense for americans for so long and neglected because everybody has been so focused on airlines and hotels. the first time renting actually can earn you points and get you that free trip for a path to homeownership. it s really exciting especially coming from covid. i know everyone wants to get back on the road and build their credit. knowing your single largest expense can do that for you for free will be an exciting moment as you head into the summer. charles: it s a brilliant
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VIENNA and LUXEMBOURG, April 13, 2021 /PRNewswire/ On Monday, 22 February 2021, BidCo published the offer document for an anticipated mandatory takeover offer for all CA Immo shares and convertible bonds that are not held by either BidCo or CA Immo (
Offer ). The acceptance period ended on 9 April.
Until the end of the acceptance period 2,413,980 CA Immo shares were tendered for sale, corresponding to a tender ratio of 3.71% of the CA Immo shares subject to the Offer.
In addition, 811 CA Immo convertible bonds with an aggregate nominal value of EUR 81,100,000 were tendered for sale, corresponding to a tender ratio of 40.55% of the CA Immo convertible bonds.
- Merger control clearance from the competent authorities has been obtained
- BidCo expects to attain a controlling participation in CA Immo over the coming days, triggering a change of control under the CA Immo convertible bond issue terms and conditions
- Provided the change of control will be announced by CA Immo on 8 April 2021, the offer price for each CA Immo convertible bond with nominal value of EUR 100,000 will be confirmed at EUR 138,628.59
- All other terms of the offer will remain unchanged
VIENNA and LUXEMBOURG, April 1, 2021 /PRNewswire/ On Monday, 22 February 2021, BidCo published the offer document for an anticipated mandatory takeover offer for all CA Immo shares and convertible bonds that are not held by either BidCo or CA Immo (
SOF - 11 Klimt CAI S.a.r.l. ( BidCo ), a controlled affiliate of Starwood Capital Group, announces that the condition precedent to closing . (Di giovedì 1 aprile 2021) As of today, all required merger control approvals have been obtained. The Offer has therefore . opportunistically shifting asset classes, geographies and positions in the
Capital stack as it .
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