Melia Hotels International, S.a. · BME:MEL
Melia Hotels International — Investor Presentation (2024)
45 slides from Melia Hotels International's investor presentation, 2024
Slide 1: Leisure at heart, Business in mind
Leisure at heart, Business in mind
Slide 2: Index
Index Our Brand 1.Our History 2.Key Facts 3.Investment Thesis 4.Financial Snapshot 5.Operational Figures 6.Financial Position Advantages for 7.Strategic Focus 8.Unique Brands Owners & Affiliates 1.Business Management 2.Partners Benefits Our portfolio 1.Our properties Responsible 2.Consolidation Meth
Slide 3: Our Brand
Our Brand
Slide 4: From Mallorca to the world, our history
“From Mallorca to the world, our history is an exciting journey that began more than six decades ago” Gran Meliá Villa Le Blanc
Slide 5: Our history
2000 Acquisition of the TRYP Hotel chain 2004 Launch of the Vacation Club Meliá 1984 Acquisition of the hotel 2006 Launch of ME by Meliá, the most Our history chain HOTASA. Becomes the largest hotel group Avant-garde Brand in the portfolio in Spain 2007 1987 Acquisition of the Acquisition of the Mel
Slide 6: Key Facts
#1 Leisure group worldwide #1 Hotel group in Spain #3rd in Europe #19th worldwide* Sustainability Yearbook Member, 2024 *Source: Hotelsmag Rank 2021, by number of rooms Our Team Portfolio +45,000 38 Employees Countries 46.6% 350 +64 Female staff members Hotels Hotels in pipeline +12.7 92,057 +13,500
Slide 7: Key Facts
#1 Leisure group worldwide #1 Hotel group in Spain #3rd in Europe #19th worldwide* Sustainability Yearbook Member, 2024 *Source: Hotelsmag Rank 2021, by number of rooms Network Sustainability +15,6M 40.6% MeliáRewards Renewable MEMBERS energy use +5% YoY +400,000 €28.0M (2018-2023) Companies with ac
Slide 8: Investment Thesis
World leader in resorts Resilient business model and bleisure Already generating positive Market leader in the Caribbean EBITDA after Covid-19 crisis Investment and resorts segment Thesis Proven Expertise Over 65 years of experience Towards an Asset-light model Pipeline focused on Management and sta
Slide 9: Financial Snapshot
Financial Snapshot 12M & Q4 2023 Results Systemwide KPI’s € 453.9M € 102.9M € 0.10 €127.9 €130.7 Consolidated Revenues Q4 2023 EBITDA Q4 2023 EPS Q4 2023 ARR Q4 2023 ARR 12M 2023 +8.4% vs SPLY +0.6% vs SPLY -0.16€ vs SPLY -1.4% vs SPLY +0.0% vs SPLY € 1,932.2M € 489.8M € 0.53 Consolidated Revenues 1
Slide 10: Financial Snapshot: Yearly Results
Financial Snapshot Yearly Results Consolidated Attributable Net Revenues M€ EBITDA M€ Profit M€ 1.932,2 1.800,7 477,9 489,9 1.692,0 430,8 112,9 110,7 117,7 902,4 125,5 528,3 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 -595,9 -151,5 Meiliá Phuket Mai Khao – Mai -192,9 K
Slide 11: Operational Figures
Operational Figures Owned & Leased RevPar vs. 2019 32% 19% 25% 24% 16% 9% 13% ARR Occup. RevPAR -30% 2022 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Innside Amsterdam – Amsterdam , The Netherlands Our Brand / Operational Figures
Slide 12: Operational Figures: Owned & Leased KPIs
Operational Figures Owned & Leased KPIs (12M) + 29% vs. 2019 -3.1bp vs. 2019 158,6 € 148,6 € 71,3% 72,0% 70,8% 119,1 € 120,0 € 122,8 € 67,7% 117,9 € 61,6% 110,2 € 41,3% 39,2% 2017 2018 2019 2020 2021 2022 2023 2017 2018 2019 2020 2021 2022 2023 OCCUPANCY ARR (Average Room Rate) Occupancy showing a g
Slide 13: Operational Figures: Consolidated KPIs
Operational Figures Consolidated KPIs (12M) +23,% vs. 2019 107,4 € 477,9 489,9 91,5 € 430,8 84,9 € 86,4 € 86,7 € 48,7 € 43,2 € 125,5 2017 2018 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 -151,5 Yearly RevPar (Revenue Per Available Room) EBITDA (M€) RevPar surpassing 2019 figures boosted by imp
Slide 14: Financial Position
Financial Position Net Debt/EBITDA* Debt Maturity Profile** 2019-2023 2024-2027+ 1400,0 5.1x 6,0 3.8x 1200,0 5,0 1000,0 4,0 800,0 2.0x 3,0 600,0 2,0 400,0 200,0 1,0 0,0 0,0 2019 2020 2021 2022 2022e 2023 Net Debt Pre IFRS NET Debt / EBITDA Focus on reducing Net Debt/EBITDA to Debt Split Liquidity Pr
Slide 15: Strategic focus
Strategic focus The lessons learned and our strategic priorities will allow us to return our balance sheet to pre-Covid levels and also increase efficiency and competitiveness, all accompanied by a cultural transformation as the basis for our resilience and future leadership. More More More More PRI
Slide 16: Unique Brands
Unique Brands Strength and diversity of our brands Our hotel brands reflect the company’s growth strategy focused on the premium and upscale segments. Portfolio Distribution (Total rooms) 13% 4% Gran Meliá Hotels & Resorts 1% The Meliá Collection Luxury 7% Paradisus by Meliá Brands 1% ME by Meliá Pr
Slide 17: Unique Brands: Luxury Brands
Portfolio Luxury Brands Unique Brands Distinguished & Recognized worldwide Pipeline 45 HOTELS 12,059 ROOMS Pipeline 21 HOTELS 3,494 ROOMS Meliá Serengeti Lodge, Member of Meliá Collection Paradisus Playa del Carmen Palacio de los Duques, Gran Meliá ME Ibiza Our Brand / Unique brands / Luxury Brands
Slide 18: Unique Brands: Premium Brands
Portfolio Premium Brands Unique Brands Suitable for all distinguished travellers Pipeline 167 HOTELS 47,741 ROOMS 34 HOTELS 7,903 ROOMS Meliá Zahara Atlanterra Zel Mallorca INNSiDE Bremen Our Brand / Unique brands / Premium Brands
Slide 19: Unique Brands: Essential Brands
Essential Brands Unique Brands Our expertise & know-how with excellent value Portfolio Sol Fuerteventura Jandía 138 HOTELS 32,257 ROOMS Pipeline 9 HOTELS Hotel Palacio de Avilés , Affiliated by Melía 2,127 ROOMS Our Brand / Unique brands / Essential Brands
Slide 20: Our Portfolio
Our Portfolio 1.Our properties 2.Consolidation Method 3.Equity Method 4.Business strengths 5.MeliáRewards and Meliá PRO 6.Holistic approach of Meetings & Events 7.F&B Experiences
Slide 21: Right from the start, we built a successful business
“Right from the start, at Meliá Hotels International we have managed to build a successful business based on our unique approach to hospitality”
Slide 22: Our Portfolio: Locations
Our Portfolio 41%* SPAIN Locations HOTELS In operation 139 Pipeline 11 ROOMS In operation 35,269 Pipeline 2,463 +400 hotels / +104k rooms 40% CITY 2 60% %* ASIA-PACIFIC RESORT HOTELS In operation 42 Pipeline 7 34%* AMERICAS ROOMS In operation 11,246 Pipeline 2,254 Guests main nationalities *2023 24%
Slide 23: Our Portfolio
Our Portfolio Diverse Management systems and strong Brand presence & Growth into key destination and holiday areas in the Mediterranean, Caribbean and Southeast Asia 13% Owned 28% 15% America 13% Franchise Luxury 12% Asia Pacific 35% 21% Essential Leased PORTFOLIO 22% EMEA 52% Premium 38% Management
Slide 24: Our Properties
Our Properties Through direct ownership or participating in Joint Ventures with selected partners, our asset portfolio is located in premium and highly dynamic cities. 247 172 4,041 3,758 324 188 +11.6% +7.5% Owned 6.8% Fx Effect 4.8% Asset Appreciation +10.6% 2018 Valuation Disposals Acquisitions F
Slide 25: Consolidation Method
Consolidation Method MEXICO 2022 VALUATION €990M Nº OF ASSETS 9 TOTAL ROOM Nº 2,570 % VALUE OVER TOTAL 24.5% DOMINICAN REPUBLIC 2022 VALUATION €884M Nº OF ASSETS 8 TOTAL ROOM Nº 3,101 % VALUE OVER TOTAL 21.9% REST OF EUROPE SOUTHER CONE SPAIN (Milan, London & Paris) 2022 2022 2022 VALUATION €115M VA
Slide 26: Equity Method
Equity Method UNITED STATES 2022 VALUATION €15.2M Nº OF ASSETS 1 TOTAL ROOM Nº 284 % VALUE OVER TOTAL 2.5% DOMINICAN REPUBLIC 2022 VALUATION €32.3M Nº OF ASSETS 1 TOTAL ROOM Nº 5.4% % VALUE OVER TOTAL PANAMA SPAIN 2022 2022 VALUATION €3.8M VALUATION €549M Nº OF ASSETS 1 Nº OF ASSETS 27 TOTAL ROOM Nº
Slide 27: Business strengths
Business strengths Together with the value of our strong brands, our distribution model and loyalty programme are our key levers of success Direct channels ** Leaders in leisure Meliá 2023 segmentation * We generate more than 40% of our centralised sales We are the largest resort hotel company in th
Slide 28: Our loyalty programs
Our loyalty programs Belonging keeps our Our professional customers are customers coming back equally important to us MeliáRewards is the Meliá Hotels Melia PRO is the umbrella brand for all International loyalty program, where you professional segments: corporate travellers, can enjoy benefits and
Slide 29: Holistic approach of Meetings & Events
Holistic approach of Meetings & Events City & Resort locations F&B integrated into MICE events Our Portfolio provides world class lounges to provide unforgettable meetings & venues, offering complete solutions Meliá Palma Bay Our Portfolio / Holistic approach of Meetings & Events
Slide 30: F&B Experiences
F&B Experiences Our guests enjoy our exceptional cuisine both managed by Meliá and external partners, bringing closer local tastes and memorable tastes +27.0 M Meals Served 1,139 Outlets 13,600 F&B Staff Our Portfolio / F&B Experiences
Slide 31: We are driven by the trust that others place in us
“We are driven by the trust that others place in us” Gran Meliá Villa le Blanc
Slide 32: Advantages for Owners & Affiliates
Advantages for Owners & Affiliates 1. Business Management 2. Partners Benefits
Slide 33: Business Management
Business Management Next to our Owners every step of the way Development Stage Our dedicated team of experts help our Owners define the most suitable Brand for the asset and refurbishment strategy in order to maximize their investments PROJECT DEFINITION PROJECT Pre-Operation Stage ANALYSIS Upon sig
Slide 34: Partner benefits
Partner benefits We are committed to offering the most comprehensive quality services to make profitable business, operating with professionalism, seriousness and the confidence of a major brand portfolio with international prestige. Efficient MeliáRewards MHI expertise Stay Safe with distribution m
Slide 35: Working towards a sustainable future from a responsible present
“Working towards a sustainable future from a responsible present”
Slide 36: Responsible Business
Responsible Business 1. Committed to environmental sustainability 2. Committed to our people 3. Governance 4. Responsible supply chain
Slide 37: Responsible Business
We are committed to a The health and safety of comprehensive talent our stakeholders is a management based on our Responsible priority for us values and the essence of a family business Business We promote dialogue and We are committed At Meliá we defined our own global CR model, aligned relationshi
Slide 38: Committed to environmental sustainability
Committed to environmental sustainability We promote a business model that contributes to the fight against climate change and minimizes our environmental footprint B 2022 CDP Climate 2021 Data
Slide 39: Committed to environmental sustainability
Committed to environmental sustainability • Hotel company signatory to the Paris Agreements (COP21) Investments with ESG Science-based target criteria Scope 1 emissions • Pioneer in the application of environmental blockchain €28.0M 58.0k TCO2 • Recognized by world leader ESG monitors (2018-2023) (-
Slide 40: Committed to our people
Committed to our people First Spanish travel company to sign the ECPAT Code (2006) Awarded Best Place to Work in Spain, Mexico and Dominican Republic Corporate member of the UNWTO International Code of Ethics (2011) Signatory member of the Global Compact (2008) Our Commitments • Providing equal oppo
Slide 41: Committed to our people
Committed to our people The future of our company is with our people. Our employees all around the world are the heart of our business and drive our efforts to become a better company every day 46.6% 30.4% Female staff members Women in Management positions +12.7 +340 Training hours per Social organi
Slide 42: Governance
Governance Ethics, integrity and responsibility are the essence of our governance 78% Compliance with As a family-owned company, we have a long-term view recommendations of the and commitment to our business vision based on our Good Governance Code of corporate values and Code of Ethics, both of whi
Slide 43: Responsible supply chain
Responsible supply chain 100% We continue to make progress Objective for suppliers with sustainability clause signed by 2024 in ethical management in our supply chain, working together with suppliers who share our values and commitments The success of the responsible hotel model we pursue requires t
Slide 44: Disclaimer
Disclaimer This report is a communication made or approved for communication by Meliá Hotels International. It is directed exclusively to eligible counterparties and professional clients. No persons other than an eligible counterparty or a professional client should read or rely on any information i
Slide 45: Slide 45
Meliá Hotels International — Investor Presentation (2024) on 6ix