DOCSLIB.ORG

Blurring the Lines Between Business and Leisure. Leisure at Heart, Business in Mind

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Blurring the Lines Between Business and Leisure. Leisure at Heart, Business in Mind Blurring the lines between business and leisure. Leisure at heart, business in mind Welcome to Meliá Hotels International, a company This expansion would not be possible without with more than 60 years of history, which has never the strength of our brand portfolio and our firm stopped growing and innovating since it was founded. commitment to quality and service excellence, that Today, we continue to be one of the leading hotel drives us towards constant innovation of products and companies in the world and a benchmark for Spanish experiences, always at the forefront of the sector, and hospitality, with an ambitious long-term project that that keeps us close to all of our stakeholders. will undoubtedly take us to new destinations where our Meliá Serengeti Lodge customers expect to find us. Our company origins give us a deeply rooted family culture and values that set the tone for our behaviour in all our locations. Ensuring that we comply with our commitments to our stakeholders and meeting their expectations in line with our culture and values form the basis of a coherent management model with a long- Some awards term vision. “ Our aspiration to be Leading Company with the Best Corporate 22nd ( 10) Most valuable hotel brands. seen as a world leader in Reputation in the tourism sector in Spain. Annual Report on the Most Valuable Hotel excellence, sustainability Merco Empresas Tourism Sector Ranking 2018. Brands by Brand Finance. and responsibility is 3rd Most Sustainable Hotel Company Worldwide. connected with our Business of the Year in Spain. RobecoSAM Evaluation 2018. European Business Awards 2018. family values” Gabriel Escarrer Jaume, And since we don’t want to stop here and aim to keep Top 10 Spanish companies making 3rd Best CEOs in Europe. growing with partners like you, we’d like to present our sustainability part of the business model. company to you, so we can start something together. Analysis of sustainability reporting in Ibex 35 All-Europe Executive Team Survey companies by Ecoact. by Institutional Investor. Gabriel Escarrer Jaume, Gabriel Escarrer Jaume, 16th ( 14) Most Influential Hotel Professionals. Top Leader of Family Business. Gabriel Escarrer Jaume Power 50 by Hotelier Middle East. European Family Business Awards Executive Vice Chairman & CEO by Campden Wealth. 2 3 00 Contents Contents 01 02 03 04 05 Discover Us Our Pillars Our History Current What we offer (p. 6) (p. 10) (p. 14) Portfolio (p. 22) (p. 18) 5.1. Unique Brands (p. 24) 5.3. Distribution and Sales (p. 42) - GRAN MELIÁ - B2C - ME - B2B - PARADISUS - MeliáRewards - MELIÁ 5.4. Responsible Business Approach (p. 54) - INNSIDE - SOL 5.5. Owner Relations (p. 58) - CIRCLE 5.6. Human Resources (p. 60) - MANAGED BY MELIÁ 5.7. Technology & Innovation (p. 62) 5.2. Business Management (p. 40) 5.8. Marketing & Social Media (p. 64) 5.9. Development (p. 66) 4 5 01 Discover Us 6 7 01 Discover Us Discover Us Founded in 1956, Meliá Hotels International is unique in having an origin in leisure and the ideal size to combine At a glance exceptional hospitality with management that is efficient and close to its stakeholders. All of this, along with our • Meliá joined the Ibex35 Index in 2016 after 13 years listed in the Ibex Medium Cap. Spanish warmth and passion, sets us apart and allows us to offer exceptional experiences to the most demanding • Market cap3: 2.214 million Euros customers from all around the world. • Main Shareholders: Escarrer Family: 52%; Free- float: 48% We are committed to offering the most comprehensive • Listed on the Spanish Stock Exchange since 1996 quality services to make your investment profitable and safeguard your assets, operating with professionalism, • Member of the FTSE4Good Ibex index since 2008 seriousness and the confidence of a major brand with international prestige. Our goal is always maximum profitability and value creation in the medium and long ME London term. 18th largest hotel group worldwide with a Largest hotel group in Spain presence in 43 countries1 Leading hotel company in LatAm & Caribbean Leading resort hotel company worldwide 3rd Largest Hotel Group in Europe2 Ranquing Company Rooms Hotels 1 INTERCONTINENTAL 798,075 5,343 2 ACCOR 616,181 4,283 3 MELIÁ HOTELS INTERNATIONAL 96,956 382 4 WHITBREAD 71,282 770 5 NH HOTELS 58,926 380 Gran Meliá de Mar 8 1 Including pipeline. 2 Hotels Magazine August 2018 based on data as of 31st December, 2017. 3 Market Cap End September 2018 (€9.46) 9 02 Our Pillars Meliá Cam Ranh Bay 10 11 02 Our Pillars Our Pillars Warmth & Conviviality Caring & Nurturing Little extras Innovation Mediterranean hospitality and Spanish passion are The size of our company, neither too large nor too We know that small details make a big difference. We We are always improving. An ambition that leads us in our DNA. Our warm personality, born from having small, allows us to carry out careful management, stand out from our competitors by offering personal to reinvent ourselves constantly and has made us global started as a family business, defines our balanced where employees are part of the family. An attitude extras and creating intimate connections. This unique pioneers in different areas of our industry, with special culture and our guest-centred vision. that also translates itself outwards, making us socially way of doing things is part of our heritage as a hotelier. attention being paid to customer innovation. committed. 12 13 03 Our History Meliá Yangon 14 15 03 Our History 2010 Global alliance with Wyndham, giving rise Our History to the birth of TRYP by Wyndham 2011 Leading from leisure since 1956 The company becomes Meliá Hotels International 2012 Launch of the Calviá Beach Resort project for the restoration of a mature tourist destination (Magaluf, Mallorca) 2014 2000 Relaunch of the new Sol Brand Alliances with international leading investment Acquisition of the TRYP Hotel chain funds to transform the resort segment Meliá Digital project to transform the customer 2004 relationship 1994 Launch of the Vacation Club Club Meliá Strengthening of the value proposition of our Launch of the loyalty programme management model (currently MeliáRewards) 2006 Approval of a Global Sustainability 2015 Business 1995 Policy and inclusion in the 25th anniversary of MHI’s presence in Cuba FTSE4Good Ibex 1984 The birth of Paradisus Resorts, specialising in the luxury sector Launch of ME by Meliá, the most Acquisition of the hotel chain 2016 avant-garde brand in the portfolio HOTASA. Becomes the largest Meliá Hotels International’s 60th hotel group in Spain 1996 anniversary and reincorporation to the First European hotel group to be 2007 Spanish stock market index, IBEX35 quoted on the stock exchange 1956 1966 1987 Acquisition of the German brand The company’s first hotel is Escarrer establishes Acquisition of the Meliá INNSIDE 2017 founded. (Palma de Mallorca, Hoteles Mallorquines to hotel chain. The company 1997 Launch of the SAVE project to fight Management of Palma de Mallorca’s new Spain) consolidate his different asssets changes its name to Sol Meliá Launch of the bookings website melia.com climate change conference centre, Palacio de Congresos 1950s 1960s 1970s 1980s 1990s 1999-2009 >2010s First resort in Mallorca (Spain) Development in Balearic Islands Expansion into other major Development in main Development in LatAm and Presence in European gateway Entry into the US market: New York, Spanish resort destinations Spanish cities Spanish Caribbean cities (London, Milan, Paris) Miami and others First international hotel (Bali) Entry into the English-speaking Caribbean market: Bahamas, Jamaica Development First hotel in Africa (Egypt) Consolidation of presence in Spanish Caribbean countries: Cuba, Mexico, Dominican Republic Entry into the Middle East region: Dubai and Doha Tripling of our portfolio in Asia Pacific Meliá is present in 43 countries in 4 continents for the first time 16 17 04 Current Portfolio ME Ibiza 18 19 04 Current Portfolio Current Portfolio Portfolio diversification Spain Cities: 66 Hotels: 145 Asia - Operative: 144 Countries: 7 - Pipeline: 1 - Operative: 6 Hotels: 48 Operating profit Americas - Operative: 21 contribution: - Pipeline: 27 Countries: 16 38% - Operative: 14 TOTAL SHARE 12% Hotels: 93 - Operative: 75 Operating profit - Pipeline: 18 contribution: TOTAL SHARE 23% 2% Operating profit contribution: EMEA 43% Countries: 22 - Operative: 16 Hotels: 117 - Operative: 88 - Pipeline: 29 *Excluding Spain TOTAL SHARE 65% *Including Spain Operating profit contribution: 17% 20 *Including Pipeline by September 2018 21 05 What we offer The result of putting our heart and our mind in everything we do. 5.1. UNIQUE BRANDS 5.5. OWNER RELATIONS Six different hotel brands, strategically Ongoing support for a long-term positioned relationship 5.2. BUSINESS MANAGEMENT 5.6. HUMAN RESOURCES A management style based on Empowered by our people efficiency and closeness 5.7. TECHNOLOGY & INNOVATION 5.3. DISTRIBUTION & SALES Comprehensive and global solutions A Regional model with a global reach and adaptation to new markets a. B2C b. B2B. Exclusive benefits for 5.8. MARKETING & SOCIAL MEDIA professionals A growing presence to reach all our c. Loyalty. Belonging means more target audiences 5.4. RESPONSIBLE BUSINESS 5.9. DEVELOPMENT APPROACH Our plans for the future Sustainable creation of economic value Meliá Kuala Lumpur Garbo 22 23 05 What we offer / 5.1. Unique Brands 5.1.Unique Brands Strength and diversity of our brands Our expertise in leisure is integrated throughout our six different brands. Each one has its own distinct + DEMOGRAPHIC + PSYCOGRAPHIC personality, with all of them sharing the values of Meliá Hotels International. Upper upscale Each brand is strategically positioned to address different, well-defined customer psychographics. 11% This positioning supports owners at the local level, 4% Paradisus while leveraging the advantages of economies of 4% Gran Meliá scale at the global level.
Load more

Recommended publications
  • New TRYP by Wyndham Hotel Opens in Bogota
    New TRYP by Wyndham Hotel Opens in Bogota 10/8/2012 Oct 08, 2012 (Marketwire via COMTEX) -- Wyndham Hotel Group, the world's largest hotel company with over 7,170 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the opening of the newly constructed, 250-room TRYP by Wyndham Bogotá Embajada, the newest TRYP by Wyndham(SM) hotel in Colombia. The hotel becomes the second in the country to join the select-service brand's portfolio, following the June 2011 opening of its rst Colombian property in Medellín. The addition of TRYP by Wyndham Bogotá Embajada also increases Wyndham Hotel Group's growing presence in Latin America, which marked its 100th hotel in the region in September. The company's Latin American portfolio currently consists of over 100 properties and more than 12,000 rooms under the Wyndham® Hotels and Resorts, Ramada®, Days Inn®, Howard Johnson®, Wingate by Wyndham®, Microtel Inn & Suites® by Wyndham and TRYP by Wyndham hotel brands. "South America is an integral part of our growth strategies for both Wyndham Hotel Group and the TRYP by Wyndham brand," said Daniel del Olmo, Wyndham Hotel Group's managing director of Latin America and brand senior vice president of TRYP by Wyndham. "Bogotá is one of the fastest growing cosmopolitan cities on the continent and we're thrilled to bring TRYP by Wyndham to this great city." "While our hotel oerings and its ideal location will provide guests with a great choice when visiting Bogotá, our customer-centric 'Own the City' brand culture truly sets us apart," he continued.
    [Show full text]
  • All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 Through 4/3/2021
    All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 through 4/3/2021 Securities Law Registration Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Capital Impact Partners Arlington, VA 3/30/2021 863527-02 Registered Number of Registration Filings: 1 Securities Law Exemption Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Life Point Christian Fellowship San Tan Valley, 3/31/2021 863617-08 Not Disallowed D/B/A Lifepoint Church AZ Number of Exemption Filings: 1 Securities Law Federal Covered Security-Investment Company Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received AMG Funds III AMG GW&K High Greenwich, CT 4/2/2021 863525-03 Filed Income Fund Class I Ei. Ventures, Inc. Kihei, HI 4/2/2021 863624-25 Filed Epilog Imaging Systems, Inc. San Jose, CA 4/2/2021 863623-25 Filed 1WS Credit Income Fund Class New York, NY 4/1/2021 863521-59 Filed A-2 Shares Advisors Series Trust First Milwaukee, WI 4/1/2021 863520-03 Filed Sentier American Listed Infrastructure Fund Class I FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863523-03 Filed Fund Class A FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863524-03 Filed Fund Class I Morgan Stanley Institutional New York, NY 4/1/2021 863522-03 Filed Fund, Inc. Emerging Markets Leaders Portfolio Class IR Aspiriant Risk-Managed Capital Milwaukee, WI 3/30/2021 863622-59 Filed Appreciation Fund Aspiriant Risk-Managed Real Milwaukee,
    [Show full text]
  • 2018 Hotel Brand Reputation Rankings: USA & Canada
    REPORT 2018 Hotel Brand Reputation Rankings: USA & Canada October 2018 INDEX Introduction 4 Methodology 6 The Importance of Brand Reputation 7 Key Data Points: All Chain Scales 8 Key Findings 9 Summary of Top Performers 10 ECONOMY BRANDS Overview 13 Top 25 Branded Economy Hotels 14 Economy Brand Ranking 15 Economy Brand Ranking by Improvement 16 Economy Brand Ranking by Service 17 Economy Brand Ranking by Value 18 Economy Brand Ranking by Rooms 19 Economy Brand Ranking by Cleanliness 20 Review Sources: Economy Brands 21 Country Indexes: Economy Brands 22 Response Rates: Economy Brands 22 Semantic Mentions: Economy Brands 23 MIDSCALE BRANDS Overview 24 Top 25 Branded Midscale Hotels 25 Midscale Brand Ranking 26 Midscale Brand Ranking by Improvement 27 Midscale Brand Ranking by Service 28 Midscale Brand Ranking by Value 29 Midscale Brand Ranking by Rooms 30 Midscale Brand Ranking by Cleanliness 31 Review Sources: Midscale Brands 32 Country Indexes: Midscale Brands 33 Response Rates: Midscale Brands 33 Semantic Mentions: Midscale Brands 34 UPPER MIDSCALE BRANDS Overview 35 Top 25 Branded Upper Midscale Hotels 36 Upper Midscale Brand Ranking 37 Upper Midscale Brand Ranking by Improvement 38 Upper Midscale Brand Ranking by Service 39 Upper Midscale Brand Ranking by Value 40 Upper Midscale Brand Ranking by Rooms 41 Upper Midscale Brand Ranking by Cleanliness 42 Review Sources: Upper Midscale Brands 43 Country Indexes: Upper Midscale Brands 44 Response Rates: Upper Midscale Brands 44 Semantic Mentions: Upper Midscale Brands 45 Index www.reviewpro.com
    [Show full text]
  • First Half Results 2021
    FIRST HALF RESULTS 2021 Paradisus Punta Cana I Dominican Republic 0 FIRST HALF RESULTS 2021 GABRIEL ESCARRER,Vice Chairman and CEO of Meliá said: The Group’s results in the first half of the year continued to be very much impacted by the pandemic, with constant changes in their evolution on different destinations and markets. The return to normal in some feeder markets such as the United States has led to more activity in Caribbean destinations from May, in some cases above the numbers for 2019, in the case of Mexico. In Punta Cana 40% of the general population has already been vaccinated and almost 100% of those who work in tourism. Growth in demand from the United States has led to flight numbers at a 53% of those seen in 2019 and average occupancy in our hotels of 50%. Mexico has seen a sustained recovery of the business throughout 2021 and our hotels have reported a positive EBITDA since the second quarter. The Group’s hotels in the United States are also showing excellent progress. The other side of the coin is in city hotels in Spain and rest of Europe, where the recovery is slower and more irregular than expected due to the successive waves of the pandemic and erratic policies regarding restrictions in some markets and destinations. Thanks to our focus on resort hotels and bleisure (the ones that are recovering fastest), our digital capabilities, which has generated 53% of our sales, and the confidence on the Stay Safe With Meliá programme offers our nearly 14 million loyal customers, we have so far been able to open up to 250 hotels, approximately 80% of the total.
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview ............................................................................................................................................................................... 4 Business overview ................................................................................................................................................................................ 5 Disclosures about market risk ............................................................................................................................................................... 44 Group organizational structure ............................................................................................................................................................. 47 Key transactions and events in 2019 .................................................................................................................................................... 50 Recent developments ........................................................................................................................................................................... 53 Research and development .................................................................................................................................................................. 54 Sustainable development ....................................................................................................................................................................
    [Show full text]
  • Features Real-Time the IBEX Index
    Bolsas y Mercados Españoles (BME) calculates, publishes and disseminates in Features real-time the IBEX Index. BME, the company that integrates the principal securities markets and financial systems in Spain, is Europe's fifth biggest exchange operator by equity turnover according to data from FESE. The equity The IBEX indices measure the turnover for Q1 was 159.9 billion and the turnover for March amounted to 58.2 performance of securities billion. listed on the Spanish Stock Market. IBEX 35® is a tradable index suitable for investment products. Designed to The IBEX indices are Euro- represent the performance of the largest securities traded on the Spanish Stock denominated and calculated in Market. real-time within the European time zone. Since 1992, IBEX 35 has been the underlying index for futures and options contracts traded on BME’s Derivatives Market (MEFF). IBEX 35 is also the IBEX 35 is the domestic and benchmark for Exchange-traded funds (ETFs) issued by BBVA Asset Management. international benchmark for Lyxor Asset Management and Deutsche Bank db x-trackers. the Spanish Stock Market IBEX 35 is made up by the 35 10Y Performance (Capital Value) – EUR terms most liquid securities traded on the Spanish Stock Market. Selection criteria of constituents have no sector diversification bias. 18.000 IBEX 35 constituents are 16.000 weighted by market capitalization adjusted by free 14.000 float. 12.000 IBEX 35 is a price return index. Sociedad de Bolsas also 10.000 calculates a TOTAL RETURN IBEX 35 and an IBEX 35 NET 8.000 RETURN. as well as a wide range of short and leverage 6.000 indices.
    [Show full text]
  • Diapositiva 1
    M&A and Investment Banking Enel Acquisition of Endesa – Case Study 1 Table of Contents Introduction Transaction Description Strategic Rationale Financial Impact on Enel Accounts Focus on Equity Swap Contracts 2 Enel Acquisition of Endesa Introduction 3 Transaction Highlights World’s largest utility deal ever given an offer price of €41.3 per share, equivalent to a total EV of €63.6bn Largest cross-border cash offer ever launched by an Italian company and largest PTO ever launched in Spain Rapidly designed and executed, understood to be launched within 2 months from the presentation of the opportunity to Enel The deal represented a transforming transaction for Enel, consolidating its presence in the European and Latin American electricity market 4 Global M&A in the Energy and Power Industry 5 Source: Thomson Financial, Institute of Mergers, Acquisitions and Alliances (IMAA) analysis. Key Parties Involved in the Transaction Enel is Italy's largest power company and Europe's third largest listed utility by market capitalization Listed on the Milan and New York stock exchanges since 1999 Enel has the largest number of shareholders of any Italian company, at some 2.3m It has a market capitalization of about €50bn (as of April 2007) Total Installed Capacity: 40,475MW 2006A Revenues: €38,513m 2006A EBITDA: €8,019m 2006A EBIT: €5,819m 2006A Net Debt: €11,690m Acciona is one of the main Spanish corporations with activities in more than 30 countries throughout the five Continents Its activities span from infrastructures, renewable
    [Show full text]
  • Ftse4good IBEX Index Ground Rules
    Ground Rules FTSE4Good IBEX Index v3.3 ftserussell.com An LSEG Business April 2021 Ground Rules Contents 1.0 Introduction .................................................................... 3 2.0 Management Responsibilities ....................................... 5 3.0 FTSE Russell Index Policies ......................................... 7 4.0 Eligible Companies ........................................................ 9 5.0 Index Qualification Criteria ......................................... 10 6.0 SI Data Inputs ............................................................... 11 7.0 Periodic Review of Constituents ................................ 13 8.0 Changes to Constituent Companies .......................... 14 Appendix A: Application of Capping at the Semi-Annual Reviews ............................................................. 16 Appendix B: Further Information ......................................... 18 FTSE Russell An LSEG Business | FTSE4Good IBEX Index, v3.3, April 2021 2 of 18 Section 1 Introduction 1.0 Introduction 1.1 This document sets out the Ground Rules for the construction and management of the FTSE4Good IBEX Index. Much of the governance and methodology is drawn from the FTSE4Good Index Series and as such this methodology is to be read in conjunction with the FTSE4Good Index Series Ground Rules which are available at www.ftserussell.com. 1.2 The index has been designed to identify Spanish companies with leading corporate responsibility practices. 1.3 The FTSE4Good IBEX Index takes account of ESG factors in its index design. Please see further details in Section 5. 1.4 The FTSE4Good IBEX Index is calculated in Euro on a real time basis. 1.5 Capital and Total Return Indices are available on an end of day basis in Euro. 1.6 The base value for the Capital and Total Return indices is 5000 as at 31 December 2002. 1.7 FTSE Russell FTSE Russell is a trading name of FTSE International Limited, Frank Russell Company, FTSE Global Debt Capital Markets Limited (and its subsidiaries FTSE Global Debt Capital Markets Inc.
    [Show full text]
  • Vysoká Škola Hotelová V Praze 8, Spol. S R. O
    VYSOKÁ ŠKOLA HOTELOVÁ V PRAZE 8, SPOL. S R. O. Bc. Pavel Zíka Marketingová strategie hotelu zahraničního hotelového řetězce Diplomová práce 2013 Marketingová strategie hotelu zahraničního hotelového řetězce Diplomová práce Bc. Pavel Zíka Vysoká škola hotelová v Praze 8, spol. s r. o. Katedra marketingu a mediálních komunikací Studijní obor: Management hotelnictví a lázeňství vedoucí diplomové práce: doc. Ing. Dagmar Jakubíková, Ph.D Datum odevzdání diplomové práce: 2013-04-24 Datum obhajoby diplomové práce: E-mail: [email protected] Praha 2013 Master´s Dissertation Marketing strategy of a hotel from an international hotel chain Bc. Pavel Zíka The Institute of Hospitality Management in Prague 8, Ltd. Department of Marketing and Media Communications Major: Hotel and Spa Management Thesis Advisor: doc. Ing. Dagmar Jakubíková, Ph.D Date of Submission: 2013-04-24 Date of Thesis Defense: E-mail: [email protected] Prague 2013 Čestné prohlášení P r o h l a š u j i, že jsem diplomovou práci na téma Marketingová strategie hotelu zahraničních hotelového řetězce zpracoval samostatně a veškerou literaturu a další podkladové materiály, které jsem použil, uvádím v seznamu použitých zdrojů a že svázaná a elektronická podoba práce je shodná. V souladu s § 47b zákona č. 111/1998 Sb., o vysokých školách v platném znění souhlasím se zveřejněním své diplomové práce, a to v nezkrácené formě, v elektronické podobě ve veřejně přístupné databázi Vysoké školy hotelové v Praze 8, spol. s r. o. …………………. Pavel Zíka V Praze dne 24. 04. 2013 Děkuji paní doc. Ing. Dagmar Jakubíkové, Ph.D., vedoucí mojí bakalářské práce, za pomoc v orientaci dané problematiky, doporučení studijních matriálů a pramenů včetně celkového vedení mé práce.
    [Show full text]
  • Presentación De Powerpoint
    Press Dossier 2018 Company profile HOTEL TYPE OPERATIONAL OPERATIONAL PORFOLIO + PORFOLIO + PIPELINE PIPELINE MÁS DE MÁS DE MÁS DE 49% 51% 380 96,000 40 resort city HOTELS ROOMS COUNTRIES 1st HOTEL COMPANY IN SPAIN SEGMENTATION – BUSINESS MODEL 3rd IN EUROPE 16th WORLDWIDE Owned & leased Managed & franchised Source: Hotels 325 Rank 2017, by number of rooms 52% Open 88% Pipeline 12% 48% Company profile HOTEL PORTFOLIO Company profile BUSINESS PERFORMANCE| ANNUAL RESULTS 2017 vs 2016 NET PROFIT INCOMES REVPAR EVOLUTION by area EMEA 128.7 M€ 1,885.2 M€ +12.4% +27.8% +4.6% Americas Spain (city hotels) +3.8% +9.4%Mediterranean EBITDA Cuba % Ex capital gains REVPAR +42.8 +10.3% 313.3 M€ 84.9 € +4.6% +5.6% History 50’s The start of a success story 1956: Gabriel Escarrer Juliá opens the Hotel Altair, his first hotel in Palma de Mallorca (Balearic Islands, Spain) 60’s Growth in the Balearic Islands (Spain) and other holiday destinations in Spain 1965: Escarrer creates Hotels Mallorquines to group together different hotel assets 80’s The Company enters the main Spanish cities and begins international growth 1984: with the purchase of the 32-hotel HOTASA chain, the Company moved into the city hotel industry and became the largest hotel group in Spain, as it still is today 1985: first international hotel opens in Bali (Indonesia) 1987: Escarrer acquires the Meliá hotel chain (22 four and five-star hotels), which becomes the main Company brand and brings a name change to Sol Meliá 90’s The Company grows in Latin America and the Caribbean and is joined
    [Show full text]
  • TRYP by Wyndham Opens First Hotel in Panama
    TRYP by Wyndham Opens First Hotel in Panama 7/31/2012 Jul 31, 2012 (Marketwire via COMTEX) --Wyndham Hotel Group, the world's largest hotel company with over 7,170 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the debut of its select-service TRYP by Wyndham™ hotel brand in Panama with the opening of its rst hotel in the country, the newly constructed 92-room TRYP by Wyndham Panama Centro located in the heart of Panama City. The city-center hotel expands TRYP by Wyndham's existing portfolio in Latin America, with 14 hotels located in major markets throughout Costa Rica, Argentina, Brazil, Colombia and Uruguay. It also adds to Wyndham Hotel Group's growing presence in the region, which currently consists of over 90 properties and more than 10,300 rooms in 13 countries under the Wyndham® Hotels and Resorts, Ramada®, Days Inn®, Howard Johnson®, Wingate by Wyndham®, Microtel Inn & Suites® by Wyndham, and TRYP by Wyndham brands. TRYP by Wyndham Panama Centro, owned by Inversiones Casaldeporto S.A., is the rst hotel in Central and South America to be managed by Wyndham Hotel Management, Inc., the management arm of Wyndham Hotel Group. It becomes the third Wyndham Hotel Group property in Panama's capital city, joining Veneto - A Wyndham Grand Hotel and Wyndham Garden Panama City. "Panama City is growing by leaps and bounds every day and it's imperative to be a key player in this thriving market," said Daniel del Olmo, Wyndham Hotel Group's managing director of Latin America and brand senior vice president of TRYP by Wyndham.
    [Show full text]
  • Redalyc.Dynamics of the Spanish Stock Market Through a Broadband View of the IBEX 35® Index
    Estudios de Economía Aplicada ISSN: 1133-3197 [email protected] Asociación Internacional de Economía Aplicada España Pouchkarev, I.; Spronk, J.; Trinidad Segovia, J.E. Dynamics of the Spanish Stock Market Through a Broadband View of the IBEX 35® index Estudios de Economía Aplicada, vol. 22, núm. 1, abril, 2004, pp. 7-21 Asociación Internacional de Economía Aplicada Valladolid, España Available in: http://www.redalyc.org/articulo.oa?id=30122101 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative E STUDIOS DE ECONOMÍA APLICADA VOL. 22 - 1, 2 0 0 4. P ÁGS. 7-21 Dynamics of the Spanish Stock Market Through a Broadband View of the IBEX 35® index POUCHKAREV, I(*); SPRONK, J.(**) y TRINIDAD SEGOVIA, J.E.(***) *Erasmus University Rotterdam, The Netherlands, **Erasmus University Rotterdam, The Netherlands,*** Universidad de Almería, Spain. E-mail: *[email protected]; **[email protected]; ***[email protected] ABSTRACT We present an analysis of the performance of the Spanish Stock Market over the last six years, examining the most widely used index, i.e. the IBEX 35®. Our analysis is broader than conventional benchmark approaches because we study the properties of all feasible portfolios, i.e. portfolios composed given the same investment opportunity set and also given the same constraints as implied by the definition of the IBEX 35® index. We estimate the distribution of performance values of all feasible portfolios according to different performance measures and evaluate the position of the IBEX 35® with respect to this feasible set.
    [Show full text]