The Chain’s occupancy as of June 2023 was calculated based on 151 hotels and 17,367 rooms in operation. In June, there were no new hotel openings, but there was a change in the investment scheme for the 124-room Ce Tuxtla Gutiérrez hotel, which transitioned from Franchise to Managed.
Occupancy reached 57.1%, an increase of 2.0 percentage points vs. the same month in 2022. Average daily rate increased by 7.1% year over year, reaching $1,187 pesos, which led to a RevPAR of $678 pesos, an increase of 11.1% vs. 2022.
The following graphs show the recovery trend in room rates and occupancy levels compared to the previous year. During June, we observed a slight recovery in the improvement trend vs. the previous year, reaching higher differences in RevPAR vs. 2022.
During June, the improvements in occupancy levels and rates over the previous year continued. The Southeast, South, and Metropolitan regions stood out with the highest increases in occupancy levels and rates vs. 2022. We continue our efforts to keep rates in line with inflation and improve our operating margins.
Finally, consolidated revenue for June reached $287.1 million pesos, representing a 9.1% increase vs. the same month of the previous year.
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Investor Relations Contact Details
Héctor Vázquez
Corporate Finance, Treasury and IR
Phone: +52 (55) 5249 8067
E-mail: hvazquez@hotelescity.com