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Thursday, November 24, 2022

Meliá Hotels International Results for the First Half of 2022

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  • 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 precise fortaleza de la demanda en los hoteles vacacionales anticipa un tercer trimestre muy positivo para la compañía, líder en el segmento de ocio
Source: Melia
Supply: Melia

The second quarter reverses the development firstly of the yr to generate outcomes much like pre-pandemic ranges

Gabriel Escarrer, Govt Vice President and CEO of Meliá Motels Worldwide: The Group’s leads to the primary half of the yr prospered because of the sturdy restoration in journey on a worldwide degree, significantly in leisure journey in each resort and metropolis locations, a phase by which Meliá has a major management, in addition to the return of worldwide journey after a few years of journey and border restrictions. Our firm is subsequently one of many ones which have benefitted most from the exponential improve in demand, because of our sturdy direct gross sales channels and the income optimisation allowed by a excessive diploma of digitalisation (with a brand new model of melia.com which is much more versatile, experiential and multi-channel). That is additional enhanced by our positioning in sustainability, the place we place first within the European rating in keeping with Normal&Poors International, in a society that’s attaching more and more better significance to social and environmental duty in regard to journey.

The developments behind our leads to the primary half of the yr are undoubtedly the very sturdy progress in journey demand, described by some as “revenge journey” as a response to the journey restrictions skilled by the world’s inhabitants. This demand is essentially accompanied by decreased value sensitivity, an element that’s much less vital than high quality, security and suppleness within the thoughts of post-Covid travellers. Given the complexity and uncertainty within the enterprise surroundings, at Meliá we have taken full benefit of this “beneficial wind” to consolidate our strengths, improve our property and adapt them to the brand new necessities and expectations of travellers who’re looking forward to experiences and extra possible to decide on larger high quality and luxurious merchandise and rooms, a phase that continues to steer the rise in demand. All of this creates a “virtuous circle” that has allowed us to double the speed of progress within the first half of the yr, with 18 new lodge openings, and which will definitely assist us to proceed rising and restoring worth.”

Meliá Motels Worldwide has offered outcomes for the primary half of 2022 which add to its confidence in overcoming the results of the pandemic and level in the direction of a really optimistic third quarter, each attributable to sturdy pent-up demand for resort inns constructed up over the previous two years, and the higher than anticipated efficiency in metropolis inns, which in some instances have achieved outcomes above pre-pandemic ranges. The corporate obtained a optimistic internet revenue for the interval of €3M, (+102%), closed the semester with an EBITDA of €163.3M, and met its goal of producing a optimistic money circulate ever since overcoming the impression of the Omicron variant. Consolidated income excluding capital features (€741.5M) elevated by +222.6% as much as June in comparison with the primary half of 2021, and by +206% within the second quarter itself (€470.1M), simply -1.3% behind the identical interval in 2019. However, efficient price management, collectively with charge optimization achieved because of its digital capability, the product enhancement and the deal with luxurious inns and rooms, allowed Meliá EBITDA margins much like 2019, regardless of the impression of inflation.

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About Melia Motels Worldwide

Based in 1956 in Mallorca (Spain), Meliá Motels Worldwide operates greater than 390 inns (portfolio and pipeline) all through greater than 40 nations, with manufacturers together with Gran Meliá Motels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Motels & Resorts, INNSiDE by Meliá, Sol by Meliá and TRYP by Wyndham. The Firm is the worldwide chief in resort inns, whereas additionally leveraging its expertise to consolidate the rising phase of the leisure-inspired city market. Its dedication to accountable tourism has led the Group to grow to be the third most sustainable lodge firm on this planet in 2018, in keeping with RobecoSam, the funding firm to provide the Dow Jones Sustainability Index. Meliá Motels Worldwide can also be included within the IBEX 35 Spanish inventory market index and it’s the Spanish lodge chief in Company Fame (Merco Rating). Comply with us on Twitter, Fb, Linkedin and Instagram meliahotelsinternational.com

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