(AOF) – MyHotelMatch announces the finalization of the operation to consolidate its shares by exchanging one new share for 100 existing shares and to take effect from August 8. The old MyHotelMatch shares were delisted from the Euronext market after market close on August 7, 2023 and were replaced by the new MyHotelMatch shares on August 8, 2023. The ticker code (MHM) remains unchanged.
The nominal value of the MyHotelMatch share was increased in proportion to the consolidation parity, increasing from 0.01 euro to 1 euro. The Company’s share capital, amounting to 3,401,580 euros, is now divided into 20,050 ordinary shares with a nominal value of 1 euro each.
MyHotelMatch vouchers remain eligible for the PEA-PME system governed by implementing decree no. 2014-283 dated March 4, 2014.
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World tourism still on the rise
Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a strong level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations recorded notable increases in receipts, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.