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MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Melia Hotels International    MEL   ES0176252718

MELIA HOTELS INTERNATIONAL

(MEL)
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Melia Hotels International : To Reward 10,000 Healthcare Workers Combatting COVID-19 With 10,000 2-night Hotel Stays

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04/20/2020 | 11:18am EDT

Melia Hotels International To Reward 10,000 Healthcare Workers Combatting Covid-19 With 10,000 2-night Hotel Stays

Melia Hotels International is preparing to launch 'the biggest solidarity campaign in the company's history, inspired by the most exceptional circumstances we have ever experienced,' in which it will offer healthcare workers 10,000 free two-night hotel stays.

The gift will consist of 10,000 two-night hotel stays for two people, valued at 34,000 MeliaRewards points. The stays can be made in any of the hotels operated by the company all over the world as soon as the pandemic ends and the hotels in the chosen destination can resume business as usual. The campaign starts tomorrow and will last 10 days, offering 2,000 free nights every day. To request their stays, healthcare workers will have to fill in a form on melia.com with all their details, and will then have to show proof that they are healthcare workers when they check into the hotel they book.

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The promotion will reserve 10% of the stays for the healthcare workers in the Melia hotels converted into hospitals throughout Spain. As Gabriel Escarrer, Executive Vice President and CEO of Melia Hotels International, explains, 'every day we see how healthcare professionals go out of their way to professionally and humanely fight the disease, and that's why, in addition to offering our facilities to be used as hospitals, we also want to offer them the excitement of looking forward to a well-deserved rest in a hotel of their choice when all this is over'.

The Company currently has 13 hotels that have been converted into hospitals or are being used for essential services in Europe, 11 of them in Spain. In Europe, the Melia Luxembourg and Innside Manchester hotels remain open as they support local authorities in their response to the crisis. ?

As a hotel company with more than 64 years of history, and with our service vocation as one of our fundamental values, the greatest gift we can offer to the people defending our society against coronavirus is the opportunity to enjoy unique experiences in our city or resort hotels.

About Melia Hotels International

Founded in 1956 in Palma de Mallorca (Spain), Melia Hotels International is one of the largest hotel companies worldwide, as well as the absolute leader within the Spanish market, with more than 380 hotels (current portfolio and pipeline) throughout more than 40 countries and four continents, operated under the brands: Gran Melia Hotels & Resorts, Paradisus by Melia, ME by Melia, Melia Hotels & Resorts, INNSIDE by Melia, Sol by Melia and TRYP by Wyndham. The strategic focus on international growth has allowed Melia Hotels International to be the first Spanish hotel company with presence in key markets such as China, the Arabian Gulf or the US, as well as maintaining its leadership in traditional markets such as Europe, Latin America or the Caribbean. Its high degree of globalization, a diversified business model, the consistent growth plan supported by strategic alliances with major investors and its commitment to responsible tourism are the major strengths of Melia Hotels International, being the Spanish Hotel leader in Corporate Reputation (Merco Ranking) and one of the most attractive to work worldwide. Melia Hotels International is included in the IBEX 35 Spanish stock market index. Follow Melia Hotels International on Twitter @MeliaHotelsInt and Facebook meliahotelsinternational.

www.melia.com

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials
Sales 2020 718 M 838 M 838 M
Net income 2020 -435 M -507 M -507 M
Net Debt 2020 2 000 M 2 334 M 2 334 M
P/E ratio 2020 -1,58x
Yield 2020 0,70%
Capitalization 662 M 772 M 773 M
EV / Sales 2020 3,71x
EV / Sales 2021 2,17x
Nbr of Employees 10 705
Free-Float 41,3%
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Mean consensus HOLD
Number of Analysts 19
Average target price 4,33 €
Last Close Price 3,01 €
Spread / Highest target 246%
Spread / Average Target 43,7%
Spread / Lowest Target -1,99%
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Managers
NameTitle
Gabriel Juan Escarrer Jaume Vice Chairman & Chief Executive Officer
Gabriel Escarrer Juliť Non-Executive Chairman
Andrť Philippe Gerondeau Chief Operating Officer
Maria Del Pilar Dols Company Chief Financial Officer
MarŪa Antonia Escarrer Jaume Executive Director
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