SÃO PAULO, May 2, 2024 /PRNewswire/ 1Q24 Highlights
Adjusted EBITDA of R$ 2.8 billion in the first quarter, up 38.0% over 4Q23.
Adjusted Net Income of R$ 1.2 billion in 1Q24, 70.1% higher.
/PRNewswire/ 1Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.8 billion in the first quarter, up.
Meliá Hotels International continues to grow in one of the key European destinations after the addition of two new hotel projects in Italy. The company is also supporting the international growth of its INNSiDE by Meliá brand, which has accelerated in recent years, with 48 hotels already operating or in the process of opening in major destinations all over the world.
Meliá Hotels International continues to prepare its landing in Albania, the last undiscovered jewel in Europe. The hotel company trusts in the tourist potential of the area and is fully committed to leading the development of the international hotel sector, as it already did in other pioneering destinations in the Mediterranean.
Meliá beats 2019 revenues and improves profit margins thanks to a focus on digitalisation and operational efficiency, and a commitment to luxury and product repositioning.