FibraHotel Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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FibraHotel reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was MXN 797.39 million compared to MXN 470.56 million a year ago. Revenue was MXN 950.9 million compared to MXN 556.8 million a year ago. Net income was MXN 31.6 million compared to net loss of MXN 122.01 million a year ago.
Concentradora Fibra Hotelera Mexicana SA de CV is a Mexico-based company engaged in the operation of a hospitality real estate investment trust (REIT). It focuses on the acquisition, ownership, development and management of business class hotels in Mexico. The Companyâs activities are divided into four segments: Limited service, hotels without restaurants and meeting rooms; Select services, hotels with addition services, such as bars, room service and conference room; Full service, hotels with consumption centers and meeting rooms, and Extended stay, hotels with studio apartments, work areas and full kitchen. The Companyâs portfolio consists of various brand names, such as Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real and Real Inn.
FIBRAHOTEL 
