Meliá Earns 93 Million Until September, 47% Less, After the Cancellation of All Its Hotels in Cuba
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11 Articles
The Balearic chain maintains its goal for the exercise of signing up to 40 new hotels with more than 8,400 rooms.
Meliá, with brands like Paradisus, Zel, Sol or Innside, closed the third quarter with revenues of 659.6 million euros, 7.7% more than in the same period last year thanks to the great behavior of the summer. Ebitda without capital gains also evolved favorably, until 198.3... The post Meliá shoots revenue after leaving Cuba but Mexico lost profits appeared first on Tourism News REPORTUR.
34 hotels and 14,053 rooms lost in #Cuba: Hotelier #Meliá continues to carry losses due to the closure of her businesses on the island.
Meliá won 93.5 million until September, 47.4% less than in the same period last year marked by the "interrupted activities" of the Spanish hotelier after her departure from Cuba. The company of the Escarrer family ceased all operations on the island in July after the threat of sanctions by Donald Trump. The impact of this decision amounted to 79.8 million euros.
(Teleborsa) - In the third quarter 2026 Meliá recorded a consolidated profit of 89.4 million euros, substantially unchanged compared to the previous year, but recovering after the net loss of 7.5 million euros...
The Spanish hotelier won 93.5 million in nine months, compared to 177.7 million a year earlier.
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