In 2008, Sol Meliá generated revenues of more than 1,300 million euros, 1,200 million of it from customers. This allowed payments of 350 million euros to be made to staff; more than 100 million to the Public administration, 580 million to suppliers, and almost 32 million to shareholders. This is the wealth creation effect.
In 2008, the company dedicated more than 180 million euros to investments in enlarging and improving its hotels and making them more accessible, in new hotels, in its brands, and in technology.
In 2008 Sol Meliá did not enjoy any significant financial or fiscal support from any government.
Sol Meliá Hotels & Resorts is the world's largest resort hotel company and the largest hotel chain in Spain in both resort and city hotels. Sol Meliá is third in the European ranking and the twelfth largest hotel chain in the world. As well as being the resort chain in the world it is also the largest hotel company in Iberoamerica and the Caribbean. The company currently operates more than 300 hotels in 30 countries on 4 continents. Sol Meliá includes Melia, Tryp Hotels, Sol Hotels, Gran Melia, Innside, Paradisus Resorts and Me by Melia.
