Melia Hoteles International SA

Melia Hotels International is the parent company of a group engaged in the acquisition, management and operation of hotels. Co. operates its hotel network in Germany, Argentina, Brazil, Bulgaria, Cabo Verde, Chile, China, Costa Rica, Croatia, Cuba, Egypt, Spain, United States, France, Greece, Netherlands, Indonesia, Italy, Luxembourg, Malaysia, Mexico, Panama, Peru, Portugal, Puerto Rico, United Kingdom, Dominican Republic, Singapore, Switzerland, Tunisia, Uruguay, Venezuela and Vietnam under the followings brandnames: Paradisus Resorts®, Melia Hotels & Resorts®, TRYP Hoteles® and Sol Hotels & Resorts®.
  • TickerMEL
  • ISINES0176252718
  • ExchangeMadrid Stock Exchange
  • SectorTravel & Leisure
  • CountrySpain
MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

MEL Melia Hoteles I... (Travel & Leisure)

For MELIA HOTELS, the environment deterioration entails a downgrade to...

MELIA HOTELS (ES), a company active in the Hotels industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date October 22, 2021, the closing price was EUR 6.34 and its expected value was estimated at EUR 6.37.

Rafael Bonardell
  • Rafael Bonardell
IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services) ... (+5)

TOURISM SECTOR: RUMOURED EASING OF TRAVEL RESTRICTIONS BETWEEN US-EU-U...

According to FT, today the Biden Administration will announce an easing of travel restrictions between the US-EU-UK for fully-vaccinated travellers. The measure will come into effect in November. According to the same source, the measure is part of another wider-reaching package of measures still being debated, and which would include all international travel. Note that for the time being only US citizens, direct family members, green card holders and persons with national interest exceptions can travel to the US if they have been in the UK or EU during the 14 days preceding the trip.

IAG International C... (Construction & Materials)
AMS Amadeus IT Grou... (Industrial Goods & Services)
AENA AENA SME SA (Travel & Leisure)
FER FERROVIAL (Technology)
MEL Melia Hoteles I...
Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL...

2Q'21 vs 2Q'20 Results Sales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus); EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus); EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus); Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus); 1H'21 vs 1H'20 Results Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus); EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M...

Fehmi Ben Naamane ... (+2)
  • Fehmi Ben Naamane
  • Matthias Desmarais
MEL Melia Hoteles I... (Travel & Leisure)

Melia : No real surprises, the real test will be Q3

>No real surprise in Q2 - Melia published its Q2 results yesterday evening, showing consolidated sales of € 228m (€ 26m in Q2 2020), including € 77m for the property division (only € 2m in Q2 2020) and € 28m in direct aid from the German government. For the hotel division alone, sales fell by 70% versus Q2 2019, which is a notable improvement on the decline of 84% in Q1 (versus 2019). By region, we note a more rapid pace of recovery in Spain (nearly half of the group’...

Rafael Bonardell
  • Rafael Bonardell
MEL Melia Hoteles I... (Travel & Leisure)

MELIÁ HOTELS: RDOS. 1S’21 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SAB...

Rdos. 2T'21 vs 2T'20: Ventas: 228,1 M euros (+770,6% vs +417,0% BS(e) y +436,6% consenso); EBITDA: 53,4 M euros (-85,5 M euros en 1S'20 vs -23,9 M euros BS(e) y -34,7 M euros consenso); EBIT: -9,7 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -20,4 M euros (-278,8 M euros en 1S'20 vs n/a BS(e) y -93,8 M euros consenso); Rdos. 1S'21 vs 1S'20: Ventas: 304,4 M euros (-4,6% vs -33,7% BS(e) y -32,0% consenso); EBITDA: 1,5 M euros (-71,4 M euros en 1S'20 vs -74,8 M euros BS(e) y -85,6 M euros consenso); EBIT: -126,8 M euros (n/a vs n/a BS(e) y n/a consenso); BDI: -151,2 M euros (-358,7 M euros en ...

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