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Meliá Hotels International (MEL) investor relations material

Meliá Hotels International Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary30 Oct, 2025

Executive summary

  • Achieved strong summer season with RevPAR up 5.6% year-over-year and revenue excluding capital gains up 5.6% for Q3 and 4% for the nine-month period.

  • Resilient demand in both domestic and international tourism, especially in leisure and premium segments.

  • Events segment bookings for 2026 up 12% compared to the same date in 2024.

  • Positive outlook for the remainder of the year, expecting mid-single-digit RevPAR growth.

Financial highlights

  • Q3 revenue excluding capital gains: €616.6M (+5.6% YoY); nine-month revenue: €1,603.2M (+4% YoY).

  • Q3 EBITDA excluding capital gains: €192.2M (+2.1% YoY); nine-month EBITDA: €435.7M (+2.3% YoY).

  • Consolidated earnings as of September: €150.9M (+27.2% YoY).

  • Net financial debt pre-IFRS 16: €763M as of September; operating cash generation exceeded €90M in Q3.

Outlook and guidance

  • Forecasts mid-single-digit RevPAR growth for full year, supported by balanced rate and occupancy increases.

  • Anticipates a strong winter season in sun-and-beach destinations and robust corporate/events activity in urban markets.

  • Expects continued positive sector growth through year-end despite macroeconomic and geopolitical uncertainties.

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Frequently asked questions

Meliá Hotels International, S.A. is a global hospitality.. It operates a diverse portfolio of hotels under several brands, including Meliá, Gran Meliá, Innside, Sol by Meliá, and Paradisus by Meliá. The company's operations span midscale, upscale, and premium segments, offering accommodation, vacation clubs, and related services such as restaurants, casinos, and shopping centers. Meliá manages, owns, leases, and franchises hotels, with properties located in major tourist destinations across Europe, the Americas, and beyond. Additionally, it provides hotel management services and real estate operations. The companyis based in Palma de Mallorca, Spain, and its shares are listed on the Madrid Stock Exchange.

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