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Meliá Hotels International, S.A. (MEL.MC)
MCE - MCE Delayed price. Currency in EUR
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At close: 05:35PM CEST
| Previous close | 7.73 |
| Open | 7.75 |
| Bid | 7.53 x 0 |
| Ask | 7.53 x 0 |
| Day's range | 7.50 - 7.82 |
| 52-week range | 5.07 - 8.18 |
| Volume | |
| Avg. volume | 446,705 |
| Market cap | 1.662B |
| Beta (5Y monthly) | 1.87 |
| PE ratio (TTM) | 13.25 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.09 (1.24%) |
| Ex-dividend date | 05 Jul 2024 |
| 1y target est | N/A |
- Reuters
Melia Hotels quarterly profit soars as revenue tops pre-pandemic levels
MADRID (Reuters) -Spanish chain Melia Hotels International on Monday posted a second-quarter consolidated net profit of 46.2 million euros ($50.9 million), up sharply from just 3.7 million euros a year ago, as the global appetite for travel pushed revenue above pre-pandemic levels. Total revenue from all markets in the quarter rose 9.3% from 2022, when the tourism sector was still hurting from some COVID-19 restrictions, to 513.7 million euros, and 4.7% above 2019. 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 company added.
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