Meliá Hotels International posted third-quarter revenue of €659.6 million, a 7.7% rise compared with the same period last year, driven by a strong summer season.
El sólido desempeño se atribuye al gran comportamiento del verano, que impulsó la ocupación en los destinos costeros.
Revenue and profitability
EBITDA, excluding capital gains, reached €198.3 million, up 4.1% year-over-year, reflecting improved operating margins.
Escarrer subrayó que “el impacto de Cuba es puntual y sin afectación a la caja”, reforzando la visión de que la rentabilidad operativa sigue en ascenso.
From January through September, total sales climbed to €1.707 billion, 7.3% higher than a year earlier, while EBITDA for the same span grew to €443 million, a 3.2% increase.
An extraordinary charge of €79.8 million related to the cessation of operations in Cuba affected consolidated results, though the chain says the effect was limited to cash flow.
Aun con el cargo extraordinario, la compañía destaca que el negocio subyacente se mantiene fuerte y que los beneficios netos se dispararon hasta los 150 millones de euros, reflejando la resiliencia del modelo.
Read Also: Julià Internacional negotiates debt restructuring
Seasonal performance
Revenue per available room (RevPAR) rose 16.5% through September and jumped 25.9% in the quarter. When the impact of the Cuba exit is removed, the gains moderate to 7.6% and 7.5%, respectively.
El liderazgo de Baleares y Menorca aportó una parte importante del incremento del RevPAR, mientras que la demanda urbana en Madrid y Barcelona siguió consolidándose.
“The evolution of the business during the first nine months confirms the strength of our model and the success of the strategic transformation,” said CEO Gabriel Escarrer.
Future outlook
The company says Q4 bookings are already double-digit points above the same period in 2025, and expects RevPAR to finish the year with high-single-digit growth.
It also maintains a goal of securing at least 40 new management contracts and opening 24 properties during the year, citing disciplined cost control and an effective commercial strategy.
Gabriel Escarrer added that cost discipline and the commercial strategy allowed the firm to absorb extraordinary impacts while keeping expectations solid for the full year.