UK markets closed

Meliá Hotels International, S.A. (0MKO.IL)

IOB - IOB Delayed price. Currency in EUR
Add to watchlist
7.76-0.01 (-0.19%)
At close: 05:36PM BST
Full screen
Previous close7.77
Bid7.59 x 0
Ask7.84 x 0
Day's range7.55 - 7.78
52-week range5.07 - 7.95
Avg. volume46,209
Market cap1.893B
Beta (5Y monthly)1.85
PE ratio (TTM)11.75
EPS (TTM)0.66
Earnings date29 Jul 2024 - 02 Aug 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date05 Jul 2019
1y target estN/A
  • Reuters

    Melia Hotels quarterly profit soars as revenue tops pre-pandemic levels

    MADRID (Reuters) -Spanish chain Melia Hotels International on Monday posted a second-quarter consolidated net profit of 46.2 million euros ($50.9 million), up sharply from just 3.7 million euros a year ago, as the global appetite for travel pushed revenue above pre-pandemic levels. Total revenue from all markets in the quarter rose 9.3% from 2022, when the tourism sector was still hurting from some COVID-19 restrictions, to 513.7 million euros, and 4.7% above 2019. The average room rate was 25.5% higher than in 2019 in the second quarter, and the occupancy rate for Melia hotels in Spain was higher than in other markets, the company added.