Spain · Delayed Price · Currency is EUR Meliá Hotels International Earnings Call Transcripts
Fiscal Year 2025
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Delivered strong RevPAR and net profit growth in 2025, supported by robust demand, disciplined pricing, and successful expansion in key markets. Outlook for 2026 remains positive, with continued investment, margin improvement, and a stable financial position.
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Strong first-half results with 4.7% RevPAR and 3.1% revenue growth, driven by Spain and luxury segments. Net profit rose 72.4% to €88.5M, and guidance for mid-single-digit RevPAR growth and 100 bps EBITDA margin improvement is reaffirmed. Asset-light expansion and stable leverage remain priorities.
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Record financial results in 2023 enabled the return to dividends and strong expansion plans for 2024, with a focus on premium segments, digitalization, and sustainability. All resolutions, including dividend distribution and governance updates, were approved by a large majority.
Fiscal Year 2024
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Achieved double-digit RevPAR growth and surpassed EBITDA targets in 2024, driven by strong leisure demand, price increases, and successful asset rotation. Net debt reduced by EUR 400 million, with a positive outlook for 2025 and plans for further expansion and increased dividends.