Melia Hotels quarterly profit soars as revenue tops pre-pandemic levels
The company said the quarterly results showed the strength of a sustained demand without signs of a slowdown
Melia does not see any impact from climate change and the resulting increase in heat waves for now. Nor was there any indication of a shift in preference from hotter southern destinations to the cooler climes in the north of Spain.
Key takeaways
- Bookings until the end of the year were more than 20% higher than the full-year figures for 2022;
- 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 hotel chain said it "cautiously" forecast a positive summer season due to the solid demand.
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