The hotel company Sol Meliá reported today that it has sold the Sol Pelícanos Ocas Hotel in Benidorm, Alicante for 73.75 million euros, generating capital gains of 55.6 million euros for the hotel chain.
Sol Meliá have announced the opening of a new five star resort in Egypt. The hotel Meliá Sharm, located on the Red Sea coast on the southern tip of the Sinai Peninsula, Sharm El Sheikh is considered one of the finest scuba diving locations in the world thanks to its spectacular coral reefs and marine biodiversity; it attracts thousands of tourists every year and is already home to three Sol and Meliá hotels.
The DC Tower, designed by Dominique Perrault, will be a magnificent 220 metres tall, 60 floor building in the city on the banks of the Danube.
Wyndham Worldwide (NYSE: WYN) today announced that its Wyndham Hotel Group business unit has agreed to acquire the Tryp® hotel brand from Sol Meliá Hotels & Resorts.
· Sol Meliá reopens two luxury resorts in Croatia · The new Meliá Coral and Meliá Istrian Villas are the most luxurious company properties on the Umag coast
Sol Meliá, a leading hotel company, with numerous luxury hotels in Spain, has agreed to add a new hotel in Lisbon to its portfolio under a franchise agreement with the Tryp brand.
Sol Meliá, the 15th-largest hotel chain in the world and the leading Spanish hotel and resort company, has launched a comprehensive brand assurance evaluation program across its global portfolio of hotel and resort brands.
Sol Meliá have announced the inauguratioln of its first hotel theme areas, fruit of the agreement reached with Warner Bros. to create hotel facilities featuring characters from the Flintstones cartoons in several Sol Hotels in Spain. The Sol Milanos-Pingüinos Hotel, located alongside the longest beach on the island of Menorca in the Mediterranean, has become the first Sol Flinstones hotel to debut with the new facilities.
Sol Meliá has achieved profits after taxes of 2,291 million pesetas for the first six months of the year, an increase of 22.3% over the same period in 1997.
Rui Manuel Oliveira has been named as the new Vice President of the Americas Division of the Spanish hotel management company Sol Meliá. Oliveira replaces Evagrio Sánchez who has been named Chief Executive Officer of Meliá Inversiones Americanas (MIA or Meliá American Investments).
Coinciding with the Madrid International Tourism Trade Fair -FITUR’98 - about to begin in Madrid, the Spanish hotel management company Sol Meliá has announced the incorporation of 3 new city hotels in Portugal: the Meliá Confort Oriente in Lisbon, the Meliá Confort Grao Vasco in Viseu and the Sol Inn Expo Porto in Oporto, taking the total number of Sol Meliá hotels in Portugal to thirteen, eight of which are already operating with a total of 1,175 rooms.