Promotora de Hoteles Norte 19 Announces Second Quarter 2025 Results

Mexico City, July 16^th, 2025 – Promotora de Hoteles Norte 19 S.A.B. de C.V. (BMV: HCITY) (“Norte 19” or the “Company”), releases its results for the second quarter of 2025 (“2Q25”). Accounting figures have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are presented in Mexican Pesos (“$”).

Financial and Operating Highlights (2Q25)

• At the portfolio level, the Average Daily Rate (“ADR”) increased by 5.8% and the Revenue Per Available Room (“RevPAR”) increased by 2.7%, compared to 2Q24, reaching $1,392 and $762 pesos, respectively. The occupancy rate was 54.8%.
• Total revenue reached $1,049.4 million, a 7.7% increase compared to the same quarter of 2024.
• Operating income reached $82.9 million in 2Q25, a decrease of 45.8% compared to the $152.9 million reported in the same quarter of last year. The Company capitalized approximately $20.0 million pesos in technology department salaries for the StackUp project, which impacted the comparison with this quarter’s results.
• EBITDA and Adjusted EBITDA were $184.1 million and $184.8 million, respectively, in comparison to $257.2 million and $258.1 million in 2Q24.
• Net Income for the period was $22.4 million, compared to an income of $54.3 million in the same quarter of the previous year.
• At the end of the quarter, the portfolio operated 157 hotels, five more than in the same quarter of the previous year. The number of rooms in operation as of 2Q25 totaled 18,292, representing an increase of 759 rooms compared to the end of 2Q24.

Héctor Vázquez
Corporate Finance and IR
Phone: +52 55-5249-8067
E-mail: hvazquez@norte19.com

About Norte 19 

Norte 19 is a Mexican company that offers integrated solutions for the hospitality industry, dedicated to providing services ranging from the design and development of hotels to the operation and management of first-class hospitality businesses. With a track record spanning more than two decades, Norte 19 has stood out for its commitment to excellence in service, innovation in technology, and efficiency in operation. Norte 19 operates more than 150 hotels in Mexico, Colombia, Costa Rica, and Chile, establishing strong partnerships with recognized brands and continuously adapting to market demands. Norte 19 will maintain the same ticker symbol (“HCITY”) on the Mexican Stock Exchange (BMV).

For further information, please visit our website: https://norte19.com/en/investors