Grupo Hotelero Santa Fe, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 23, 2020 at 03:11 pm
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Grupo Hotelero Santa Fe, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was MXN 15.532 million compared to MXN 541.934 million a year ago. Operating loss was MXN 151.958 million compared to operating Income of MXN 64.751 million a year ago. Net loss was MXN 50.809 million compared to net income of MXN 27.448 million a year ago. For the half year, total revenue was MXN 601.036 million compared to MXN 1,164.525 million a year ago. Operating loss was MXN 65.739 million compared to operating Income of MXN 216.164 million a year ago. Net loss was MXN 449.934 million compared to net income of MXN 118.377 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. 
