MELIÁ HOTELS INTERNATIONAL - THIRD QUARTER 2024 RESULTS
Third consecutive positive season for Meliá, improving Net Profit by +28.3% (€139.4Mn).Category: Worldwide Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2024-11-18
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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
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