• Sol Meliá Q3 revpar up 10.1%

Sol Meliá reported a 10.1% increase on the year in third quarter revpar, leading to a 22.2%  rise in Ebitda in the group’s hotel division.

The company said that the growth had been driven by its upscale and premium hotels and performance in the European cities. Occupancy for the period was up by 2.6%, with average room rate rising by 7.2%.

See the full release here:
http://inversores.solmelia.com/en/view_object.html?obj=114,123,c,4504&tab=pres&year=2010

Share →