Mexico City, July 28, 2026 – 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 2026 (“2Q26”). Accounting figures have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are presented in Mexican Pesos (“$”).
Financial and Operating Highlights (2Q26)
- At the portfolio level, the Average Daily Rate (“ADR”) increased by 1.8% and the Revenue Per Available Room (“RevPAR”) increased by 3.8%, compared to 2Q25, reaching $1,426 and $797 pesos, respectively. The occupancy rate was 55.9%.
- Total revenue reached $1,064.1 million, a 1.4% increase compared to the same quarter of 2025.
- Operating Income reached $205.8 million in 2Q26, a significant improvement compared to the $82.9 million reported in the same quarter of the previous year.
- EBITDA and Adjusted EBITDA were $301.4 million, in comparison to $184.1 million and $187.3 million, respectively, registered in 2Q25. This represented an increase of 63.7% in EBITDA and 60.9% in Adjusted EBITDA, with margins of 28.3% for both indicators in 2Q26, compared to margins of 17.5% and 17.9%, respectively, in the same period of the previous year. Adjusted EBITDA excludes the impact of non-recurring expenses to provide a more meaningful comparison of operating performance.
- During the quarter, Norte 19 registered Net Income of $85.0 million compared to an income of $22.4 million in the same quarter of the previous year.
- At the end of the quarter, the portfolio operated 141 hotels with 17,027 rooms in operation, as a result of the hotel portfolio optimization strategy.
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Investor Relations Contact Details
Tito Mendoza
Director of Investor Relations
Phone: +52 55-5249-8050
E-mail: tmendoza@norte19.com
Ana Lucía Sors
Miranda IR
Phone: +52 833-293-4232
E-mail: ana.sors@miranda-partners.com