1

Meliá Hotels International

Summary
Meliá Hotels International, S.A. owns, manages, operates, leases, and franchises hotels worldwide. The company operates approximately 380 hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, TRYP by Wyndham, and Circle by Melia brand names, as well as Meliá PRO, a platform for B2B clients. It also operates Club Meliá vacation club; develops and operates real estate properties; and engages in the casinos and tour-operator activities. The company was formerly known as Sol Meliá, S.A. and changed its name to Meliá Hotels International, S.A. in June 2011. Meliá Hotels International, S.A. was founded in 1956 and is based in Palma de Mallorca, Spain.

History

The origins of the company reach back to 1956, when the then-21-year-old Gabriel Escarrer Juliá leased the Altair Hotel in Palma, Majorca. Over the subsequent years Escarrer took advantage of the island's increasing popularity as a tourist destination for package holidaymakers, adding further properties to the portfolio of his company, Hoteles Mallorquines. The company expanded geographically in the 1960s and 70s, acquiring hotels in the Canaries as well as the other Balearic Islands. After the transition to democracy in Spain, tourism in Spain developed more rapidly and Hoteles Mallorquines aggressively moved onto the Spanish mainland, establishing a presence in much of the country by the early 1980s.In 1984, the company renamed itself Hoteles Sol , before establishing itself as the largest hotel chain in the country with the acquisition of the 32 location-strong Hotasa group. Another merger followed three years later as the company combined with the upmarket Meliá chain, founded by José Meliá Sinisterra, to form Sol Meliá. The deal increased the geographical scope of the company into the Caribbean, Americas and other parts of Europe.

A 1996 split of the company into two separate businesses, one for hotel ownership and another for management , was reversed three years later amid major consolidation in the industry. Gabriel Escarrer Sr. subsequently stepped down from the chief executive role, replaced by his sons Gabriel Jr. and Sebastian, who became deputy CEO. The following year brief takeover talks were held with Hilton International, but Sol Meliá instead chose to make an acquisition of its own, paying €360 million for smaller peer Tryp Hotels. Tryp had come close to being purchased by rival chain NH Hoteles a year earlier. Tryp continued to exist as a separate brand within the Sol Meliá group. Rights to the Tryp brand were sold to Wyndham Worldwide in 2010, but Sol Meliá continues to own and operate the hotels under a licensing agreement.On 3 June 2011 the company changed its name to Meliá Hotels International.The company later sought to forge partnerships with other companies in the leisure industry, opening hotels based on the Hard Rock Cafe concept in conjunction with then-parent The Rank Group , and Flintstones-themed hotels with Warner Bros.Although publicly traded since 1996, the Escarrer family continues to control Meliá Hotels, holding a combined stake of over 63% at the end of 2010.


Mission
With Meli Hotels & Resorts travelling is not just going from one place to another. Because the journey is in every sensation, in every conversation, in every person that shows you something new. Welcome to the new Meli. Because travelling is feeling and you are the most important part of the journey.

Vision
Our vision is to become the most preferred hotel company in the world by consistently delivering our promise of 'quality, innovation, and service.'

Key Team

Mr. André Philippe Gerondeau (Chief Operating Officer)

Angel Naveiras (VP of Global Technical Office & Procurement)

Stephane Baos (Investor Relations Director)

Mr. Juan Ignacio Pardo Garcia (Chief Legal & Compliance Officer)

Mr. Gabriel Cánaves Picornell (Chief HR Officer & Regional VP of Cuba)

Mr. Mark Maurice Hoddinott (Chief Real Estate Officer)

Mr. Lourdes Ripoll (VP of Sustainability)


Recognition and Awards
Meliá Hotels International has been recognized for its service and quality with numerous awards, including being named one of the Top 10 Hotel Chains Worldwide for 2016 and 2017 by Travel Weekly, and the World's Best Hotel Chain by the World Travel Awards in 2017 and 2018.

References
Meliá Hotels International
Leadership team

Mr. Gabriel Juan Escarrer Jaume (Exec. Vice Chairman, Exec. VP & CEO)

Mr. Luis Maria Diaz de Bustamante y Terminel (Sec. and External Proprietary Director)

Ms. Pilar Dols Company (Chief Financial Officer)

Products/ Services
Hotel, Travel Accommodations
Number of Employees
1,000 - 20,000
Headquarters
Palma De Mallorca, Islas Baleares, Spain
Established
1956
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
MEL.MC
Social Media
About

Businessabc provides a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © Businessabc powered by ztudium