Melia Hotels Company profile
About Melia Hotels International SA
Melia Hotels International SA, formerly Sol Melia SA, is a Spain-based company primarily engaged in the hospitality sector. The Company focuses on the management and exploitation of hotel chains. Its activities are divided into three business segments: Hotels, Real Estate and Club Melia. The Hotels division administrates hotels under management and franchise agreements, operates own or leased hotels, as well as offers other entertainment activities, such as casino games and organized tours. The Real Estate division includes real estate development and operations. The Club Melia division operates vacation club complexes. The Company’s brand names portfolio comprises Gran Melia, Paradisus, Melia, Innside by Melia, Tryp by Wyndham and Sol Hotels, among others. The Company operates through numerous subsidiaries in Europe, the Americas, Africa and Asia.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Melia Hotels International SA revenues increased 57% to EUR827.2M. Net loss applicable to common stockholders decreased 68% to EUR192.9M. Revenues reflect Hotels segment increase of 62% to EUR828.6M, Leisures Real Estate segment increase from EUR5.3M to EUR82.6M, Spanish Market segment increase of 92% to EUR548.4M, Americas segment increase of 40% to EUR327.3M.