Grupo Hotelero Santa Fe, S.A.B. de C.V. (HOTEL) Earnings Call Transcripts

Grupo Hotelero Santa Fe, S.A.B. de C.V.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Grupo Hotelero Santa Fe reported revenues of MXN 917 million and EBITDA of MXN 266 million, reflecting a challenging operating environment due to exchange rate volatility and a slowdown in tourism. Net income decreased 28% year-over-year, leading management to signal ongoing challenges with occupancy and average daily rates (ADR). The company is maintaining its focus on cost reduction and strategic acquisitions, including the anticipated closing of the Ixtapa-Zihuatanejo acquisition in Q2 2026.

Reported metrics

Guidance from management

Management indicated that they will continue to focus on cost reductions and maintaining occupancy levels, while also preparing for the acquisition of the Ixtapa-Zihuatanejo hotel. They expect to face ongoing challenges in ADR and RevPAR in the near term.

What management said

Thank you, Rodrigo. Lastly, I would like to highlight and express my gratitude to the more than 4,600 associates who have supported the company unconditionally as always. We are especially thankful to the trust and support of our shareholders and again, to all our tremendously professional and cooperative teams. With that, I would like to open the call for questions and answers.

This is just a provision based on what we estimate to have at the end of the year. And when the final calculation was made and also it is based on the last year that we have that's similar. So this is just a provision.

What analysts pressed on

Analysts expressed concerns regarding the sustained decline in ADR and its impact on profitability. There were also questions about the effectiveness of cost-cutting measures in the face of ongoing market challenges.

Main topics on the call

• Revenue Decline — The company reported revenues of MXN 917 million, a decrease attributed to lower hotel activity and a 4.4% decline in room revenue. Management noted, "the necessity to get a RevPAR based on reduction of the ADR, unfortun...
• Cost Reduction Initiatives — Management implemented cost-cutting measures, achieving an 8% reduction in expenses, equating to MXN 58 million. This was crucial in mitigating the impact of lower revenues on profitability.
• Occupancy and ADR Challenges — Occupancy increased by 100 basis points to 73%, but ADR decreased by 5% to MXN 2,030. Management indicated that "the market is very contracted" due to cancellations and external factors affecting demand.
• Ixtapa-Zihuatanejo Acquisition — The acquisition of the Ixtapa-Zihuatanejo hotel is on track for completion in Q2 2026, which management views as a strategic move to enhance the portfolio. They stated, "the notification has already been filed with the c...

Read the full Grupo Hotelero Santa Fe, S.A.B. de C.V. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Grupo Hotelero Santa Fe, S.A.B. de C.V. earnings call transcripts on record, spanning February 21, 2020 to October 23, 2026. Based on this history, Grupo Hotelero Santa Fe, S.A.B. de C.V. reports quarterly. The most recent call on file is dated October 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HOTEL

Exchange

BMV

Country

MX

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

25

First call

February 21, 2020

Most recent

October 23, 2026

Reporting cadence

quarterly