Melia Hotels International SA
MAD:MEL
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Melia Hotels International SA
Other Operating Expenses
Melia Hotels International SA
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Melia Hotels International SA
MAD:MEL
|
Other Operating Expenses
-€660.9m
|
CAGR 3-Years
-17%
|
CAGR 5-Years
6%
|
CAGR 10-Years
-3%
|
||
NH Hotel Group SA
MAD:NHH
|
Other Operating Expenses
-€1.2B
|
CAGR 3-Years
-76%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-6%
|
||
Edreams Odigeo SA
MAD:EDR
|
Other Operating Expenses
-€22.5m
|
CAGR 3-Years
17%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-4%
|
Melia Hotels International SA
Glance View
Melia Hotels International SA, founded by the Escarrer family in 1956 in the sun-drenched Balearic Islands, has grown into one of the world's leading hospitality companies. Initially, it catered to European tourists seeking a slice of Mediterranean bliss. Over the decades, Melia has extended its reach far beyond Spain's borders, operating nearly 400 hotels across 40 countries. The company has adeptly diversified its hotel portfolio to encompass a wide range of brands, from luxury to budget-friendly. This strategic diversification not only helps Melia offer tailored experiences to various market segments but also mitigates risks associated with market fluctuations in the global tourism industry. The key to Melia's financial engine lies in its capacity to blend traditional hospitality with cutting-edge innovation. The company earns revenue primarily through room bookings, events, food and beverages, and ancillary services. By harnessing advanced digital platforms, Melia maximizes occupancy rates and optimizes pricing strategies through data analytics and demand forecasting. Moreover, the brand has made strides in enhancing sustainability initiatives, appealing to the increasingly eco-conscious traveler while adding a competitive edge. In blending a rich heritage with modern efficiency, Melia Hotels International continues to weave an ambitious narrative of global expansion, localized service excellence, and sustainable growth strategies.
See Also
What is Melia Hotels International SA's Other Operating Expenses?
Other Operating Expenses
-660.9m
EUR
Based on the financial report for Sep 30, 2024, Melia Hotels International SA's Other Operating Expenses amounts to -660.9m EUR.
What is Melia Hotels International SA's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 10Y
-3%
Over the last year, the Other Operating Expenses growth was -7%. The average annual Other Operating Expenses growth rates for Melia Hotels International SA have been -17% over the past three years , 6% over the past five years , and -3% over the past ten years .