Meliá Hotels International is among the Spanish companies in various sectors that have begun to resume their activity in China gradually and with caution.
It should be recalled that according to what HOSTELTUR published in Stock market records biggest rise in ten years on upcoming Wuhan openingOn Tuesday last week, the Spanish stock market, like all its international peers, was buoyed by news of the first signs of a return to normality in China, with Meliá being one of the most prominent companies, with a 25.97 % rise in its share price.
Spanish companies with a presence in China are gradually returning to normal after the Chinese government "relaxed" the measures taken during the quarantine. On March 25, the Asian country suspended the travel restrictions it had imposed in its cities, except for the capital of the Chinese province of Hubei, Wuhan, the focus of the coronavirus pandemic, which will cease to be under quarantine on April 8.
Meliá, which has six hotels in China, has already reopened four and is awaiting the reopening of two more, the Meliá Shanghai Hongqiao and the Meliá Shanghai Parkside, which will remain closed until the reopening of the city's Disney Park, which it serves.
Regarding the workers of the hotel chain in China, after two months of teleworking, they are progressively returning to the office "in shifts and with precautions" (their temperature is taken and they wear masks).