• Sol Meliá FY revpar up 8.9%

Sol Meliá has reported an 8.9% increase in full year revpar, driven by rate and revpar growth.

The company reported revenues up 8.9% to Eu50.1m, with Ebitda rising by 16.5% to Eu235m. The group estimated revpar growth of between 5% and 9% this year, "consolidating the positive trend in occupancy and rate improvements together with reduced growth in hotel supply".

See the full release here:
http://prensa.solmelia.com/en/view_object.html?obj=84,c,4561

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