Previous Close | 7.48 |
Open | 7.72 |
Bid | 7.64 x 0 |
Ask | 7.41 x 0 |
Day's Range | 7.66 - 7.86 |
52 Week Range | 5.07 - 7.86 |
Volume | |
Avg. Volume | 54,644 |
Market Cap | 1.905B |
Beta (5Y Monthly) | 1.85 |
PE Ratio (TTM) | 11.83 |
EPS (TTM) | 0.66 |
Earnings Date | Jul 29, 2024 - Aug 02, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jul 05, 2019 |
1y Target Est | N/A |
Spanish chain Melia Hotels International on Monday posted a second-quarter consolidated net profit of 46.2 million euros ($50.9 million), up sharply from just 3.7 million euros a year ago, as the global appetite for travel pushed revenue above pre-pandemic levels. Total revenue from all markets in the quarter rose 9.3% from 2022, when the tourism sector was still hurting from some COVID-19 restrictions, to 513.7 million euros, and 4.7% above 2019. The average room rate was 25.5% higher than in 2019 in the second quarter, and the occupancy rate for Melia hotels in Spain was higher than in other markets, the company added.
MADRID (Reuters) -Spanish chain Melia Hotels International on Monday posted a second-quarter consolidated net profit of 46.2 million euros ($50.9 million), up sharply from just 3.7 million euros a year ago, as the global appetite for travel pushed revenue above pre-pandemic levels. Total revenue from all markets in the quarter rose 9.3% from 2022, when the tourism sector was still hurting from some COVID-19 restrictions, to 513.7 million euros, and 4.7% above 2019. The average room rate was 25.5% higher than in 2019 in the second quarter, and the occupancy rate for Melia hotels in Spain was higher than in other markets, the company added.