• Melia enjoys recovery

Hotel group Melia saw revpar up 12.6% in the third quarter with ebitda rising 20%. Stronger pricing at properties in the Americas has seen revpar there up 19.7%.
Renovated and rebranded hotels helped the ME hotels in Europe deliver a revpar increase of 23.5% over the year so far. Improved profits are also coming from greater volumes of direct sales, which stood at 38% in the Americas.
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