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Company type | BMV: POSADAS A |
---|---|
Founded | 18 April 1967 [1] |
Founder | Gastón Azcárraga Tamayo |
Headquarters | Mexico City, DF, Mexico |
Key people | José Carlos Azcárraga Andrade Presidente & CEO |
Products | Hotels Resorts Hospitality |
Revenue | MXN 9,072.71 million [2] (2019) |
MXN −79.86 million [2] (2019) | |
Number of employees | 18,821 [1] (2020) |
Website | www |
Grupo Posadas, S.A.B. de C.V. or Posadas is a hospitality company based in Mexico City. It owns, leases, operates and manages hotels, resorts and villas with its several different brands. [3] As of 2020, the company operates more than 150 hotels with 24,000 hotel rooms. [3]
In 2005, Grupo Posadas took control of Mexicana de Aviación, Mexico's second largest airline group. Over the next few years, the new owners shifted their business focus from the airline group's largest but least profitable airline, Mexicana, toward its two smaller but more profitable affiliates, MexicanaClick and MexicanaLink. The Mexicana unit was eventually stripped and sold after a long dispute with the airline's unions failed to produce any significant givebacks by unions. [4] MexicanaClick and MexicanaLink are also now defunct. [5]
Groupo Posadas appears to have refocused on its core business in the hospitality industry and continues to operate several large Mexican hospitality brands, including the Mexico-wide Fiesta Inn, Fiesta Americana, and Grand Fiesta Americana, as well as IOH Freestyle Hotels, One Hotels, Gamma Hotels, The Explorean and Live Aqua. [6]
In 2012, Grupo Posadas sold its South American brands Caesar and Caesar Business to Accor Hotels. [7] This appears to be a refocusing on the Mexican hospitality industry.
Fiesta Rewards is Grupo Posada's frequent traveler program for its hospitality brands. [8]
Aerovías de México, S.A. de C.V. operating as Aeroméxico, is the flag carrier of Mexico, based in Mexico City. It operates scheduled services to more than 90 destinations in Mexico; North, South and Central America; the Caribbean, Europe, and Asia. Its main base and hub is located in Mexico City, with secondary hubs in Guadalajara and Monterrey. The headquarters is in the Torre MAPFRE on Paseo de la Reforma.
Compañía Mexicana de Aviación S.A. de C.V., usually shortened to Mexicana de Aviación, was Mexico's oldest airline and one of the oldest continuously single-branded airlines, inaugurated in 1921. It was Mexico's biggest airline and flagship airline before ceasing operations on August 28, 2010, leaving competitor Aeroméxico as a de facto monopoly.
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V., known as GAP, is a Mexican airport operator headquartered in Guadalajara, Mexico. It operates 12 airports in the western states of Mexico, and 2 in Jamaica, including those of major Mexican cities Guadalajara and Tijuana, and two important tourist destinations, Los Cabos and Puerto Vallarta. It is the second largest airport services company by passenger traffic in Mexico. It serves approximately 51 million passengers annually, surpassing the operator of Mexico City International Airport, Grupo Aeroportuario Ciudad de Mexico.
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Gastón Azcárraga Andrade is a Mexican businessman and current fugitive of the Mexican justice system, who has controlled Grupo Posadas and Mexicana Airlines, and is wanted for financial crimes linked to the latter company prior to its bankruptcy.