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Meliá falls more than 3.87% on the stock market in the early stages of the day

MADRID, 24 May.

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Meliá falls more than 3.87% on the stock market in the early stages of the day

MADRID, 24 May. (EUROPA PRESS) -

The hotel company Meliá Hotels International led the falls of the Ibex 35 this Wednesday at the beginning of the session with a decrease in the price of its shares of 3.87% to 5.720 euros per share.

At 9:10 in the morning, the tourist company reduced its price on the selective Madrid stock market in line with recent weeks in which its share price has been touched despite the fact that the hotel company's operating profit (Ebit) returned this quarter to the 'black numbers', reaching 14.4 million euros.

The value corrects positions after a very positive start to the year: so far in 2023 it has accumulated a rise of 26.3%, which has left its market capitalization at around 1,272 million euros.

The Balearic hotel chain had closed on Tuesday on the Madrid stock market at around 5.95 euros per share, compared to 4.71 euros per share with which it began the year.

The company expects the upward trend that began a year ago after the pandemic to continue in the second quarter, as the tourism sector has shown "that its resilience is solid and that customers are eager to continue discovering new destinations."

As of June, the hotel company expects the recovery of markets such as China, Japan and Australia to be confirmed, especially towards destinations in Southeast Asia, after the lifting of restrictions due to the pandemic.

In addition, it expects to open some 30 hotels throughout 2023, having so far announced the signing of four new hotels in Cuba and other projects in China, Montenegro, Milan, Albania and Spain.

Keywords:
IBEX 35Melia