Grupo Posadas (POSADAS ) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue reached MXN 2,659 million, up 9% quarter-over-quarter and 8.8% year-over-year, with EBITDA at MXN 366 million, a 29% increase QoQ and 28.6% YoY.

• Net income for the first nine months of 2025 was MXN 449 million, reversing a loss from the prior year.

• Cash balance as of September 30, 2025, was MXN 2,864 million, 31% higher than the previous quarter, with 80% held in USD.

• The development pipeline includes 31 new hotels and 4,507 rooms, representing 15% growth, with 57% of new rooms in coastal destinations.

Financial highlights

• RevPAR increased by 2% year-over-year, with an average occupancy rate of 64% in Q3 2025.

• 9M 2025 total revenue was MXN 8,422 million, up 9% year-over-year.

• 9M 2025 EBITDA reached MXN 1,436 million, a 14% increase YoY.

• Q3 EBIT was MXN 101 million, up 8% year-over-year.

• Net debt decreased to MXN 3,994 million by September 2025.

Outlook and guidance

• The company expects continued growth with a robust pipeline and strong cash position, with all new hotels expected to be operational by 2027 and contracts averaging over 15 years.