Report
Fehmi Ben Naamane

Melia : 2022 results preview: brisk momentum should continue

>2022 annual results: group revenues and EBITDA down by an estimated 11% and 16% respectively, vs 2019 - Melia Hotels will report its annual results 2022, on 27 February after market close. We expect annual group revenue to be € 1.60bn, +77% y-o-y (vs +114% over 9M) and down 11% vs normative 2019. We expect group EBITDA to be € 402m (vs guidance of ‘EBITDA excl. capital gains at least equal to € 400m' and FactSet consensus at € 409m), a 16% lag vs 2019 and a margin ...
Underlying
Melia Hotels International S.A.

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®.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

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