Grupo Hotelero Santa Fe, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 21, 2022 at 03:02 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, 2022. For the second quarter, the company reported sales was MXN 325 million compared to MXN 215.26 million a year ago. Revenue was MXN 670 million compared to MXN 483.63 million a year ago. Net income was MXN 47.18 million compared to MXN 106.03 million a year ago.
For the six months, sales was MXN 615.41 million compared to MXN 348.68 million a year ago. Revenue was MXN 1,259.06 million compared to MXN 751.47 million a year ago. Net income was MXN 124.12 million compared to net loss of MXN 33.08 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. 
