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Meliá reports that its hotels in Mexico, the Dominican Republic and Jamaica experienced significant growth in the first half of 2018, while in Cuba, the Spanish hotel industry recorded a "sharp decline in RevPAR due to the combination of several factors ".
Meliá cites among these reasons the "delay in the resumption of sales of certain TTOOs after the hurricanes of 2017, and the decrease in air capacity after the bankruptcy of Air Berlin", in addition to the "reduction of US visitors in the three hotels in Havana because of the restrictions of the US government. "
Meliá, nevertheless, sees for Cuba" a change of trend and perception of the market after having completely normalized the situation on the US. island after the hurricanes of last year, for which he collaborates intensely with the Cuban authorities. "
" The new hotels that the company will open this year: Meliá Internacional, Paradisus Les Cayos and Meliá San Carlos will further strengthen the Meliá's leadership and Cuba's image as a high-level, safe and renewed international destination, "says the most present chain in the Greater Antilles.
Meliá, in his The Americas region – of which Cuba is not a part – saw his RevPar rise by 6.4% in dollars in the first half of 2018, although the exchange rate badumed a 4% reduction in euros , its local currency.
Meliá justifies this improvement in his Americas region to the "positive contribution of the hotels to the launch: Paradisus Los Cabos, Innside NY Nomad and ME Miami, despite the impact of the depreciation of the dollar". "The Caribbean (Mexico, Dominican Republic, and Jamaica) are seeing significant growth."
Meliá, nevertheless, reports "the negative impact of Venezuela and hurricanes on Puerto Rico", and for this quarter ending in September "Improve the results of the previous year, heavily affected by the hurricanes Irma and María. "
Meliá increased its net profit in the first half of 2018 with 7.2% year on year to 61.8 million euros. The company led by Gabriel Escarrer increased EBITDA by 7.4%, despite the fact that its accounts were affected by the depreciation of the dollar and reduced its debt by more than 13 million euros.
In this scenario, the L & # 39; hotel group reiterates its commitment to improve margins of 109 basis points "constant currency" and maintains the goal of reaching 150 points improvement base in 2018.
Escarrer highlighted the positive forecasts for the third quarter and the chain's growth in the Mediterranean, despite the resurgence of the countries of North Africa and Turkey. "The growth of our Mediterranean resorts is not affected by the positive recovery dynamics of destinations in North Africa and Turkey, which guarantees a sustainable growth model for the coming years," concluded Mr. Escarrer in a statement. to this digital (Interview with Gabriel Escarrer, before his strategy to remain world leader in vacations)
On the other hand, the company signed 10 new hotel contracts in management until June, and plans to open 23 new establishments in the year, all also under management, with the exception of the Great Reserve of Paradisus Palma Real, in the Dominican Republic, only property incorporated
As indicated REPORTUR.mx, in December of this year, in The best beach of Varadero, Cuba, will open its doors to Meliá Internacional, a clbadic that is reborn with the most modern concept of comfort and technology.
Currently, the hotel chain is immersed in the process of rebranding the hotel Jagua and the hotel La Unión to convert them into INNSIDE Cienfuegos Jagua and Meliá Unión, to Cienfuegos; and the Colón and Gran Hotel in Camagüey to operate under the Meliá brand. Over the next two years, the company will expand its presence in heritage destinations in order to continue to develop the potential of these places. In 2019 it will celebrate the opening of INNSIDE Camagüey, and in 2020 it will incorporate three hotels in Trinidad: the Meliá Trinidad, the Meliá Punta Ancón and the Sol House Ancón (Meliá opens this year from large hotels to Cayo Santa María and Varadero) [19659014] (function (d, s, id) {
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