Grupo Hotelero Santa Fe, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 20, 2023 at 04:01 pm EDT
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Grupo Hotelero Santa Fe, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 358.13 million compared to MXN 325 million a year ago. Revenue was MXN 721.96 million compared to MXN 670 million a year ago. Net income was MXN 386.2 million compared to MXN 47.18 million a year ago.
For the six months, sales was MXN 793.44 million compared to MXN 615.41 million a year ago. Revenue was MXN 1,593.44 million compared to MXN 1,259.06 million a year ago. Net income was MXN 492.86 million compared to MXN 124.12 million a year ago.
Grupo Hotelero Santa Fe SAB de CV (Krystal Hotels) is a Mexico-based company specialized in the hotel services. The Companyâs activities comprise acquiring, developing and operating urban and beach hotels in Mexico. It operates through its own brands, such as Krystal Resorts, Krystal Grand, Krystal Beach and Krystal Urban, as well as through franchises and licensed brands, including Hilton, Hilton Resorts, Hilton Garden Inn and Hampton Inn. The properties are located in Acapulco, Guadalajara, Monterrey, and Cancun, among others. The Company collaborates with Grupo Chartwell, Nexxus Capital and Walton Street Capital.
GRUPO HOTELERO SANTA FE, S.A.B. DE C.V. 
