Meliá Hotels International, which was founded by Gabriel Escarrer Juliá in 1956 in Palma de Mallorca (Spain), is the leading hotel company in Spain , Latin America and the Caribbean , the third largest hotel company in Europe and number ten in the world ranking. Sol Meliá is also the largest resort hotel chain in the world. The company provides more than 350 hotels in 30 countries under its Meliá Hotels, TRYP Hotels, Sol Hotels, Paradisus Resorts and Sol Meliá Vacations Club brands and the company has a workforce in excess of 35,000 employees.
With more than 50 years experience in the hotel industry, in 2008 Meliá Hotels International is launching its new Strategic Plan, outlining five key strategic areas the business intends to focus on: Brand Equity; Customer Knowledge and Contact; Development of Asset Management; Talent Management and the Promotion of Responsibility; and Sustainability.
Meliá Hotels International was the first Spanish hotel company to be traded on the stock exchange in 1996. Shares in SOL have maintained a consistently high performance over recent years thanks to the positive performance of the company and the strength of its asset base.