Meliá Hotels International (MEL) Investor presentation summary

Company overview and history

• Over 65 years of experience, evolving from a single hotel in Mallorca to a global leader in leisure and resort hospitality, with significant acquisitions and brand launches shaping its growth trajectory.

• Operates 362 hotels across 37 countries, with a pipeline of 69 additional hotels and 12,471 rooms, and a workforce of 46,900 employees.

• Recognized as the #1 leisure group worldwide and the top hotel group in Spain, with a strong focus on sustainability and digital transformation.

Financial performance

• Achieved €2,012.8M in revenues (ex-capital gains) for 2024, up 4.4% year-over-year, and €533.6M EBITDA, up 9.7%.

• Attributable net profit reached €140.6M, a 19.4% increase from the previous year.

• Net debt reduced to €2,236.6M, with a return to pre-pandemic leverage ratios and a balanced debt maturity profile.

• Average room rate (ARR) and RevPAR hit all-time highs, reflecting premium positioning and successful repositioning strategies.

Operational highlights

• Portfolio is diversified across Spain (49%), Americas (27%), EMEA (22%), and Asia-Pacific (2%), with 60% resort and 40% city hotels.

• Management and franchise models dominate the pipeline, supporting an asset-light strategy and strong ROI.

• Direct channels, including melia.com and loyalty programs, account for over 50% of centralized sales.

• MeliáRewards loyalty program boasts over 17 million members, driving high direct booking rates.