Grupo Hotelero Santa Fe, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 21, 2021 at 03:05 pm EDT
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Grupo Hotelero Santa Fe, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 238.09 million compared to MXN 88.52 million a year ago. Revenue was MXN 462.81 million compared to MXN 179.14 million a year ago. Net loss was MXN 38.23 million compared to MXN 45.43 million a year ago.
For the nine months, sales was MXN 586.77 million compared to MXN 365.74 million a year ago. Revenue was MXN 1,214.28 million compared to MXN 780.18 million a year ago. Net loss was MXN 71.31 million compared to MXN 495.37 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. 
