Meliá Hotels International, S.A.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Gabriel Juan Escarrer Jaume
- Full Time Employees
- 19,058
- Sector
- Consumer Cyclical
- Industry
- Travel Lodging
- Address
- Gremio Toneleros Palma de Mallorca BA Spain 07009
- IPO Date
- Oct 15, 2010
- Website
- meliahotelsinternational.com
- Similar Companies
- Business
- Meliá Hotels International, S.A. operates as a leading global hospitality group focused on hotel ownership, management, and operation with a portfolio spanning over 380 hotels and projects across more than 40 countries on four continents. The company manages a diversified range of hotel brands, including Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, The Meliá Collection, INNSiDE by Meliá, Sol by Meliá, Falcon’s Resorts by Meliá, Zel, and the Affiliated by Meliá network. Its product offerings encompass full-service luxury and premium hotels, lifestyle and all-inclusive resorts, boutique urban hotels, and business-oriented properties targeting leisure and bleisure segments primarily in Europe, Latin America, the Caribbean, Asia-Pacific, and the Middle East. Founded in 1956 and headquartered in Palma de Mallorca, Spain, Meliá is one of the largest Spanish hotel operators and ranks among the top global hotel chains. Recent strategic developments saw Meliá accelerate its focus on expanding and repositioning its premium and luxury segments, which now constitute 64% of its portfolio and 81% of its project pipeline. The company plans to open around 60 new hotels globally in 2025, emphasizing growth in Asia-Pacific, Latin America, Europe, and the Middle East. Key recent openings include ME Malta, Zel Punta Cana, and Meliá Casa Maya, alongside upcoming launches such as Paradisus Bali—the group's first all-inclusive resort in Asia—and new ME by Meliá hotels in Malta, Lisbon, Malaga, and Marbella. Meliá has invested over €400 million in the last two years to reposition 40 hotels within its portfolio and continues an ambitious expansion in premium destinations including Spain, Argentina, Greece, Brazil, and Saudi Arabia. Its business strategy emphasizes sustainable growth, digital transformation, and enhanced luxury guest experiences, consolidating its market leadership and projecting an EBITDA above €525 million in 2024. The group’s commitment also includes achieving recognition as one of Europe’s most sustainable hotel companies. Meliá targets high-end consumer markets by leveraging its multi-brand platform to cater to a spectrum of customer preferences from luxury travelers to lifestyle seekers and business clients. The company maintains significant geographic diversity with substantial hotel presence in Spain, Cuba, Germany, Croatia, Brazil, Portugal, and expanding rapidly in Asia-Pacific countries such as Vietnam, Thailand, and Malaysia. It operates with a strong focus on sustainability, having been recognized in sustainability assessments and international rankings for corporate responsibility efforts. Meliá continues to strategically grow its footprint while enhancing operational efficiency and customer experience through ongoing digitalization and service innovation.
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Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Sees Large Drop in Short Interest
Meliá Hotels International, S.A. (SMIZF) Q4 2023 Earnings Call Transcript
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