Melia Hotels Sees 2023 EBITDA Of At Least €475m

By Dave Simpson
Melia Hotels Sees 2023 EBITDA Of At Least €475m

Spain's Melia Hotels International on Thursday 22 June said it expects its earnings before interest, taxes, depreciation and amortisation to rise to at least €475 million this year from 431 million in 2022.

Details

"This year I would like to commit to exceed the market consensus again, to 475 million euros, a figure we are comfortable with, if current projections for the season's performance are maintained", CEO Gabriel Escarrer Jaume said in a statement released ahead of the company's general shareholders' meeting.

Escarrer replaced his father Gabriel Escarrer Julia as chairman of the board of the family-controlled hotel chain on Thursday 22 June.

New Hotels

The Mallorca-based group added that it intends to open 30 new hotels this year.

Melia Hotels CEO: Summer Bookings In Spain 30% Higher Than In 2019

The above news follows news from last week that Melia Hotels' CEO has summer bookings in Spain in 2023 are 30% higher than in 2019.

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Melia Hotels International's chief executive Gabriel Escarrer says:

  • SUMMER BOOKINGS IN SPAIN IN 2023 30% HIGHER THAN IN 2019

MELIA HOTELS CEO: COMPANY OPERATES RECORD 110,000 ROOMS

MELIA HOTELS CEO: COMPANY TO EXPAND IN VIETNAM AND ALBANIA THIS YEAR

MELIA HOTELS CEO: OCCUPANCY IN CHINA AT HIGHEST EVER

MELIA HOTELS CEO: TO ADD CAPACITY IN VIETNAM, SPAIN, ITALY, CUBA, SEYCHELLES, MONTENEGRO, TO START OPERATING IN ALBANIA, TANZANIA IN 2023

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BRIEF-Melia Hotels CEO To Start Operating In Albania, Tanzania In 2023

Melia Hotels International's Gabriel Escarrer says:

  • COMPANY OPERATES RECORD 110,000 ROOMS AROUND THE WORLD
  • MELIA'S HOTEL OCCUPANCY IN CHINA AT HIGHEST EVER
  • COMPANY TO ADD CAPACITY IN VIETNAM, SPAIN, ITALY, CUBA, SEYCHELLES, MONTENEGRO, TO START OPERATING IN ALBANIA, TANZANIA IN 2023

Read More: Melia Hotels CEO: Summer Bookings In Spain 30% Higher Than In 2019

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.