Grupo Posadas, S.A.B. de C.V.
BMV:POSADAS A
28.91
0.00 (0.00%)
28.91
0.00 (0.00%)
End-of-day quote: 05/24/2024

Grupo Posadas, S.A.B. de C.V. Stock

About Grupo Posadas, S.A.B. de C.V.

Grupo Posadas, S.A. de C.V. operates in hotel industry in Mexico. The principal activities of the company include the ownership, management, and operation of hotels; design of vacation and lodging plans; provision of services to individual customers and travel agencies; and operation of vacation clubs. The proprietary hotel-brands of the group include Fiesta Americana, Fiesta Inn, Fiesta Americana Grand, Cesar Business, the Explorean, and Caesar Park. Grupo Posadas, S.A.B. de C.V. share price history

The company’s hotels are leased and hotels are majority owned. The company operates rooms, including owned, leased and managed hotels. It also operates in Brazil, Argentina, and the United States of America. The company hotels offer luxurious rooms, exclusive restaurants and modern facilities for meetings, in the principal destinations of Latin America.

Fiesta Americana Grand

Fiesta Americana Grand was conceived of in 1999; this is a service category designed especially for the Grand Tourism traveler.

Fiesta Americana

Fiesta Americana combines its renowned architectural lines with traditional Mexican hospitality. It offers business and pleasure travelers alike, as well as groups, cheerful, contemporary Mexican ambience, casual luxury and the service their life styles demand. Grupo Posadas, S.A.B. de C.V. share price history

Fiesta Inn

Fiesta Inn answers to the concept of hotel service designed to satisfy the every need of its business travelers. Fiesta Inn hotels offer between 120 and 160 rooms, functional facilities, and pleasant and comfortable work areas.

Caesar Park

The Caesar Park hotels have become reference points for the business, social, artistic, and cultural life of each of the cities in which they are located.

Caesar Business

Caesar Business, a brand launched by Grupo Posadas for the South American market, has been created to handle the business needs of men and women seeking a comfortable hotel when away from the office.

The Explorean

The Explorean Kohunlich is a resort located in the midst of an exuberant Maya's rainforest in the middle of a great green extension.

Additionally the Company operates a business called ‘Vacation Club’, which is similar to time-sharing. This concept is being developed in Los Cabos, Baja California Sur, and in Cancun, Quintana Roo, Mexico, with the support, as of 2002, of Hilton Grand Vacation Club and Resort Condominiums International (RCI).

Significant Events

Grupo Posadas SA de CV has formed an alliance with the local real estate developers Gicsa and GDI to invest in the construction of hotels in strategic cities throughout Mexico. Gicsa and GDI would have a 25% stake each in the project. The hotels would offer 3,000 rooms.

History

Grupo Posadas, S.A. de C.V. was founded by Don Gaston Azcarraga Tamayo in 1970.

Country
Industry:
Founded:
1967
IPO Date:
09/16/1993
ISIN Number:
I_MXP791641105

Contact Details

Address:
ProlongaciOn Paseo de la Reforma 1015, Piso 9, Torre A, Col Santa Fe Del., Alvaro ObregOn, Mexico City, Distrito Federal, 01210, Mexico
Phone Number
52 55 5326 6700

Key Executives

CEO:
Azcárraga Andrade, José
CFO
del Campo Saucedo, Arturo
COO:
Data Unavailable