Norte 19 swings to Q2 FY26 net profit of MXN 84.98 million; revenue rises 1.4% to MXN 1.06 billion

Reuters2026/07/28 21:19

By:Reuters

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Norte 19 posted 2Q26 net income of MXN 85 million, swinging from a loss a year earlier, as operating profit rose to MXN 205.8 million.
Revenue edged up 1.4% year over year to MXN 1.06 billion, while EBITDA climbed 63.7% to MXN 301.4 million.
Portfolio ADR increased 1.8% to MXN 1,426; RevPAR rose 3.8% to MXN 797; occupancy stood at 55.9%.
Cash and equivalents totaled MXN 442.9 million at June 30, while bank debt and interest payable declined 1.8% to MXN 3.97 billion.
Management cited efficiency gains and restructuring actions, noting World Cup-related demand came in below expectations; portfolio ended at 141 hotels with 17,027 rooms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Promotora de Hoteles Norte 19 SAB de CV published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Norte 19 swings to Q2 FY26 net profit of MXN 84.98 million; revenue rises 1.4% to MXN 1.06 billion

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