November 22, 2016

Meliá Hotels International results improved by 74% up to September, driven by the positive summer season in Spain, asset repositioning, and the growing strength and diversification of its business model. Meliá Hotels International announced results for the first nine months of the year, boosted by the positive impact of demand in a positive summer season in Spain, and also reaping the rewards of the strategy to renovate, rebrand and reposition some of its most emblematic resort hotels in recent years. Taken together, these hotels saw RevPAR increases of 40%. Meliá’s experience and leadership in the leisure segment also contributed to...