Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International, holding a 9.5% stake. Juan Pepa, co-founder of Stoneshield, has been appointed to Meliá’s Board of Directors, signaling the investment firm’s commitment to long-term value creation.
Strategic Appointment and Long-Term Vision
The appointment reflects Stoneshield’s intention to act as a reference shareholder, supporting Meliá’s next phase of growth through disciplined capital allocation and strategic alignment with management. Stoneshield aims to leverage its expertise in real assets to enhance Meliá’s operational excellence and balance sheet optimization.
Meliá’s Global Hospitality Platform
Headquartered in Spain, Meliá operates a portfolio of over 400 hotels across leading international destinations, combining high-quality owned real estate with a capital-efficient management and franchise model. This platform is recognized as one of Europe’s premier hospitality networks.
Industry and Leadership Perspectives
Felipe Morenés Botín, co-founder of Stoneshield Capital, highlighted tourism as a structurally supported sector, praising Meliá’s adaptability and global recognition. He expressed enthusiasm for collaborating with the board and CEO Gabriel Escarrer to drive international growth and value.
Juan Pepa emphasized Meliá’s unique combination of real estate assets and operational strength, where Stoneshield sees significant opportunities for active capital management and disciplined expansion.
Gabriel Escarrer, Chairman and CEO of Meliá Hotels International, welcomed Stoneshield as a large shareholder, noting their track record and long-term commitment as a strong endorsement of Meliá’s strategic direction. He stated that the partnership, alongside an independent board, provides additional resilience and sustainable success.
About Stoneshield Capital
Founded in 2018 by Felipe Morenés Botín and Juan Pepa, Stoneshield Capital is a European real assets investment firm with over €6 billion in assets under management. The firm focuses on building and scaling operational platforms in sectors supported by long-term structural trends, combining investment expertise, active asset management, and capital markets capabilities to deliver consistent risk-adjusted returns.



