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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Profits of Meliá Hotels International grow by 72.4%

The earnings before interest, taxes, depreciation, and amortization (EBITDA) reached 248 million euros, marking an increase of 3.2% compared to the same period last year, upholding the expectation to end 2025 with debt ratio levels similar to or higher than 2024.

Consolidated revenues totaled 991.1 million euros, a rise of 3.2% compared to the same period in 2024 despite the impact of the devaluation of the US dollar against the euro.

The group, which operates 12 units in Portugal, highlighted the continued positive trend in the hotel business, with improvements in occupancy and rates in most destinations compared to last year, except for Germany and Cuba, where improvements are expected in the coming quarters.

Revenue per available room improved by 5.8% in the second quarter.

Regarding the third quarter of the year, Meliá sees a positive outlook for all destinations, with no signs of slowdown. It anticipates a “promising summer season,” especially in holiday hotels, with 5% more bookings than the previous year, for the fourth consecutive year.

The Mallorcan chain maintains the forecast to end 2025 with a mid-single-digit increase in revenue per available room, driven by higher rates and occupancy.

This year, the group opened 11 new hotels and signed 20, all operating under management or franchising agreements, advancing its commitment to sign a minimum of 35 new hotels with more than 8,000 rooms this year.

The president of the Meliá group stated that the results of the first half of this year “confirm the trend of sustained and normalized demand growth, reflected in a mid-single-digit increase in average revenue per available room (RevPAR) by June.”

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