Grupo Hotelero Santa Fe 2Q FY26 net income drops 85.53% to MXN 31.45 million; revenue falls 8.09% to MXN 743.95 million

Reuters2026/07/24 00:48

By:Reuters

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Grupo Hotelero Santa Fe posted Q2 net income of MXN 31.45 million, down 85.52% year over year.
Revenue slipped 8.09% to MXN 743.95 million, while operating income fell 69.27% to MXN 28.24 million.
UAFIDA (EBITDA) dropped 19.1% to MXN 156.8 million, with management citing weaker tourism conditions and unprecedented sargassum in the Mexican Caribbean.
Portfolio occupancy declined 260 basis points to 62.3%, while ADR was MXN 1,934 and RevPAR was MXN 1,205.
Closed the acquisition of Thompson Zihuatanejo by Hyatt for USD 23 million; results will be consolidated starting Q3 2026.

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 Hotelero Santa Fe 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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Grupo Hotelero Santa Fe 2Q FY26 net income drops 85.53% to MXN 31.45 million; revenue falls 8.09% to MXN 743.95 million

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