Spanish hotel chain Melia's profit rises 24% on higher luxury room rates

Melia Hotels International SA

25/02/2026 17:23

MADRID, Feb 25 (Reuters) - Spain's largest hotel chain Melia on Wednesday reported a 24% rise in 2025 profit as higher prices at its luxury resorts helped offset a cooling in global tourism after the post‑pandemic boom.

Melia's 200.2 million euros ($236 million) full-year net income beat analyst expectations for 151.23 million euros in an LSEG forecast.

Revenue per room at Melia rose at a slower pace of 5.4% last year, compared with the 11% growth registered in 2024.

Room rate increases played a greater part in the company's revenue than occupancy, Melia said.

Melia, which has focused on opening new luxury hotels, expects room rates at its Spanish resorts to rise by around 5% in 2026, in line with revenue, CEO Gabriel Escarrer said last month.

($1 = 0.8482 euros)

 (Reporting by Corina Pons; editing by Charlie Devereux)

 ((corina.pons@thomsonreuters.com; 0034 690725854; Reuters Messaging: corina.pons.thomsonreuters.com@reuters.net))