Fibrahotel Reports Earnings Results for the First Quarter Ended March 31, 2021
April 20, 2021
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FibraHotel announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was MXN 556.795 million compared to MXN 948.813 million a year ago. Operating loss was MXN 37.172 million compared to operating Income of MXN 87.098 million a year ago. Net loss was MXN 122.007 million compared to MXN 53.319 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 
