Melia edges down after Q1 EBITDA miss

Melia Hotels International SA

09/05/2025 08:51

** Shares in Spain's Melia MEL.MC slip 2.5% after it posted Q1 EBITDA below analysts' estimates

** Spanish largest hotel chain reported Q1 EBITDA excluding capital gains of 91 million euros ($102.35 million)

** Both Sabadell and Jefferies say EBITDA was below estimates

** Sabadell notes the company maintains its 2025 revenue per available room (RevPar) guidance, but does not provide EBITDA outlook for the year

** "We believe the reception could be negative, although poor performance in 2025 (down about 30% vs Ibex 35 index), could limit the downside," Sabadell adds

** If losses hold, the stock will see its worst day in a month

($1 = 0.8891 euros)

 (Reporting by Joanna Jonczyk-Gwizdala)

 ((joanna.jonczyk@tr com))