Company
Headquarters: Mexico City, DF, Mexico
Employees: 15,684
CEO: Mr. José Carlos Azcárraga Andrade
MX$13.86 Billion
MXN as of July 1, 2024
US$754.3 Million
Grupo Posadas, S.A.B. de C.V. owns, operates, and manages hotels primarily in Mexico. The company operates hotels primarily under the Live Aqua, Grand Fiesta Americana, Fiesta Americana, The Explorean, Fiesta Inn, One Hotels, and Gamma brand names. It also operates Fiesta Americana Vacation Club that sells vacation club memberships, as well as purchases and sells real estate properties in the tourism industry. As of December 30, 2019, the company operated 184 hotels with approximately 29, 851 rooms. Grupo Posadas, S.A.B. de C.V. was founded in 1967 and is based in Mexico City, Mexico. On October 26, 2021, Grupo Posadas, S.A.B. de C.V., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
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Grupo Posadas, S.A.B. de C.V. has the following listings and related stock indices.
Stock: BMV: POSADASA wb_incandescent