Posadas turns to Q2 FY26 net loss of MXN 45.15 million; revenue slips 1.98% to MXN 2.79 billion

Reuters2026/07/23 14:22

By:Reuters

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Grupo Posadas swung to a quarterly net loss of MXN 45.15 million as revenue slipped to MXN 2.79 billion.
IFRS 16 EBITDA fell 21% year over year to MXN 400 million; systemwide occupancy averaged 61%.
Cash ended the quarter at MXN 1.32 billion, down from MXN 2.98 billion at year-end; about 35% was held in USD.
Posadas completed the sale of its Mexico City hotel while continuing to operate it; it prepaid USD 20 million on its USD 270 million credit.
The development pipeline calls for 34 new hotels with 4,790 rooms, with openings starting in the second half of 2026 and full operation targeted by 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grupo Posadas SAB de CV published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Posadas turns to Q2 FY26 net loss of MXN 45.15 million; revenue slips 1.98% to MXN 2.79 billion

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