Skift Take
Posadas could be a partner for major hotel groups for co-marketing deals, given the quality of its Mexican resorts.
Early Check-In
Editor’s Note: Skift Senior Hospitality Editor Sean O’Neill brings readers exclusive reporting and insights into hotel deals and development, and how those trends are making an impact across the travel industry.
Grupo Posadas is Mexico's largest homegrown hotel operator, but U.S. analysts rarely discuss it.
The indifference may be an oversight as Posadas looks set to grow. Larger players examining the world's sixth-most visited country for opportunities ought to keep the company in mind.
"We are focused on exponential growth," said director and CEO José Carlos Azcárraga Andrade.
Posadas sees itself as "the Mexico expert." The regional hotel management company has nine hotel brands, including Live Aqua, Grand Fiesta Americana, and One Hotels in Mexico and the Dominican Republic. "By the end of 2023, we will have more than 200 hotels and over 30,000 rooms," the CEO said. Most will be managed, and about 30 will be franchised. The company also owns and leases 27 high-performing real-estate assets in prime locations. "Our current signed pipeline includes third-party investments totaling $81