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Melia Hotels International SA (MEL.MU)

Munich - Munich Delayed price. Currency in EUR
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7.36+0.01 (+0.14%)
At close: 08:03AM CEST
Full screen
Previous close7.35
Open7.36
Bid7.41 x 0
Ask7.51 x 0
Day's range7.36 - 7.36
52-week range5.18 - 7.47
Volume500
Avg. volume16
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date09 May 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
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.