Concentradora Fibra Hotelera Mexicana SA de CV
BMV:FIHO12
Concentradora Fibra Hotelera Mexicana SA de CV
Concentradora Fibra Hotelera Mexicana SA de CV engages in the development, acquisition, and management of hotels. The company is headquartered in Mexico City, Mexico, D.F.. The company went IPO on 2012-11-28. The company focuses on the acquisition, ownership, development and management of business class hotels in Mexico. The Company’s 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 Company’s portfolio consists of various brand names, such as Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real and Real Inn.
Concentradora Fibra Hotelera Mexicana SA de CV engages in the development, acquisition, and management of hotels. The company is headquartered in Mexico City, Mexico, D.F.. The company went IPO on 2012-11-28. The company focuses on the acquisition, ownership, development and management of business class hotels in Mexico. The Company’s 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 Company’s portfolio consists of various brand names, such as Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real and Real Inn.
Challenging Quarter: FibraHotel reported weak Q3 2025 results due to soft hotel demand and lower occupancy, below management's expectations.
Revenue & Margins: Total revenue fell 2% year-over-year to MXN 1,270 million, and EBITDA margin compressed to 19.7%, down from 23%.
ADR & RevPAR Trends: ADR grew 3.2% and total portfolio RevPAR increased 1.6% YoY, but occupancy declined, and some segments and regions saw revenue drops.
Distribution Maintained: The company reaffirmed its annual MXN 0.60 per certificate distribution policy, despite Q3's AFFO being below distribution for the quarter.
Cost Controls & Investments: Management is focused on cost controls and has invested in hotel renovations and energy efficiency, with positive savings from solar panels and new electricity contracts.
World Cup Impact: The 2026 World Cup is expected to bring only a short-term demand boost, with no long-term fix for industry softness.
Balance Sheet: The balance sheet remains strong, with conservative leverage and ample liquidity.
Outlook: Forward bookings for Q4 are more encouraging, but management remains cautious due to ongoing demand uncertainty.
