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Meliá Hotels International
Meliá Hotels International (MEL) investor relations material
Meliá Hotels International Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary7 May, 2026
Executive summary
Consolidated revenues for Q1 2026 rose 3.8% year-over-year to €461.6M, with RevPAR up 8.3% and ARR up 5.2%.
EBITDA excluding capital gains was €86.9M, down 4.5% year-over-year, impacted by Cuba operations, pre-opening costs, and higher variable lease expenses.
Net profit attributable to the parent company was €0.0M, a decrease of €6.7M from Q1 2025.
Net debt increased by €27.6M to €2,228.5M, mainly due to seasonality and investment in asset repositioning.
Financial highlights
Consolidated revenues (ex-capital gains) grew 4.4% year-over-year despite negative FX impact and temporary hotel closures.
EBITDA (ex-capital gains) was €86.9M, down from €91.0M in Q1 2025.
EBIT fell 31.9% year-over-year to €22.9M.
Net profit for the group was €3.3M, down from €10.5M in Q1 2025.
EPS was €0.00, down €0.03 year-over-year.
Outlook and guidance
High single-digit systemwide RevPAR growth in constant currency expected for 2026, with operational margin improvement of 200 bps.
Targeting at least €565M in EBITDA for 2026.
Plans to sign a minimum of 40 new hotels (8,400 rooms) and open at least 30 (3,500 rooms) in 2026.
Bookings remain in double-digit growth over prior year, especially in Spain and key resort destinations.
Drivers for the 200 bps margin expansion target
Operational strategy for Cuba amid fuel crisis
Zel brand contribution to Caribbean growth
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Latest events from Meliá Hotels International
- Net profit up 23.6% to €200.2M, RevPAR up 5.4%, and outlook for 2026 remains positive.MEL
Q4 20259 Apr 2026 - Double-digit RevPAR growth, record profit, and major debt reduction drive strong 2025 outlook.MELQ4 20247 Jan 2026
- Net profit rose 72.4% in H1 2025 as premium repositioning and digital sales fueled growth.MELQ2 20256 Jan 2026
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- Record financial results and sustainability leadership highlight Meliá's global hospitality growth.MELInvestor Presentation13 Jun 2025
- Double-digit EBITDA and RevPAR growth, margin gains, and net debt reduction highlight Q3.MELQ3 202413 Jun 2025
- Double-digit RevPAR growth and debt reduction drive robust H1 2024 performance.MELQ2 202413 Jun 2025
Next Meliá Hotels International earnings date
Q2 202629 Jul, 2026
Meliá Hotels International
Next Meliá Hotels International earnings date
Q2 202629 Jul, 2026
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excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
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Eferix Drawings Google Play
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@ankurshah47_ x.com
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Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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