Grupo Posadas SAB de CV - Company Profile
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Business Description
Grupo Posadas SAB de CV (Posadas) operates hotel properties in urban and coastal destinations in Mexico. It is the largest hotel operator by number of hotels and rooms, managing, franchising, leasing and owning hotels and resorts across Mexico and the Caribbean, and operating vacation/loyalty products that generate recurring room-nights and member revenues.
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Business Segments
Overview
Include fees from hotel management contracts, brand use and franchise fees, and billing for centralized services.
Performance
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Overview
Includes the rental of hotel rooms and the sale of food, beverages, and related services such as laundry, telephones, and spa services.
Performance
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Overview
Includes the sale of memberships, interest income from financed sales, annual membership fees, and income from the "Kivac" and "FAV Access" programs.
Performance
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