Melia Hotels International reported a 7.1% increase in consolidated revenue excluding capital gains for the first half of 2026, with second-quarter growth accelerating to 8.5%. EBITDA excluding capital gains reached EUR244.8 million, a 2.5% year-over-year rise, while group net profit fell to EUR4.1 million due to a EUR79.5 million non-recurring impairment from the completed exit from Cuba. The company reaffirmed its full-year 2026 guidance, targeting high-single-digit RevPAR growth, 200 basis points of like-for-like margin improvement, and at least EUR565 million in EBITDA. Owned and leased RevPAR grew 5.1% on a constant currency and comparable portfolio basis in the first half, and system-wide RevPAR rose 5.6% excluding the Cuba exit effect. Melia opened 14 hotels with about 2,000 rooms and signed 17 new projects totaling over 3,800 rooms through July, while planning over EUR100 million in non-core asset disposals to strengthen its balance sheet.
Melia HotelsReports 7.1% revenue growth, reaffirms guidance, and plans asset disposals to strengthen balance sheet.
