BNET Industries
Last Fiscal Year Sales:$3.3B
- Public
- US
Dow Jones Description
Owner & Manager of Hotels
Number of Employees 11,900
Contact Information
Paseo Del La Reforma 155 Piso 2 Col Lomas De Chapultepec
Mexico
(52) 5553266700
Peer Companies
NAICS Code Hotels (except Casino Hotels) and Motels: 721110
News & Analysis
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grupo posadas s.a. de c.v. and internet securities inc. - All News and Analysis
Posadas concludes issue of senior debt paper.
MEXICO CITY, Jan 24, 2005 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's leading hotel company, Grupo Posadas has successfully concluded the issue of US$75 million in senior debt paper at a rate of 8% and expiring in 2011. Some US$150 million was...
Grupo Posada issues senior debt paper.
MEXICO CITY, Oct 05, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The Mexican hotel firm Grupo Posadas successfully issued US$150 million in senior debt paper expiring in 2011.The resources obtained from the operation will be used to pay off the firm's debt....
Grupo Posada to issue US$150mn in senior debt paper.
MEXICO CITY, Sep 30, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas, one of Mexico's most prominent hotel operators in the country, will issue US$150 million in senior debt paper expiring in 2011, with an 8%-interest rate, generating resources which will...
Grupo Posadas to issue US$150mn in debt paper.
MEXICO CITY, Sep 16, 2004 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas reported Wednesday that it would issue and sell, subject to market conditions, approximately US$150 million in senior debt paper expiring in 2011, generating resources that will be used to repay...
Tourism industry: Fonatur must offer credit again.
MEXICO CITY, Aug 27, 2004 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Businesspeople in the tourism industry urged the National Fund to Promote Tourism Fonatur to become a major financer again for large-scale projects and to seek more ways of attracting foreign capital,...
Posadas to invest US$240mn in hotels.
MEXICO CITY, Jan 23, 2004 (Cronica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Hotel chain Grupo Posadas will invest between US$230 million and US$240 million in the construction of 12 hotels this year, three of them in Brazil and nine in Mexico.Gaston Azcarraga, president of...
US$500mn investments announced for time-share complexes.
MEXICO CITY, Nov 24, 2003 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Five new time-share hotel complexes will be opened in Mexico in 2004 with an investment of US$500 million, said Luz Maria Torres Gonzalez, president of the Mexican Association of Tourism Developers...
Grupo Posadas to open 87 hotels in Mexico in next 5 years.
MEXICO CITY, Nov 26, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas revealed Tuesday that it plans to open another 87 hotels in the country over the next five years with a total of some 15,600 rooms and an investment of US$130,000 per...
Posadas thinks casinos will be good for Mexico.
MEXICO CITY, Nov 06, 2003 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas believes that allowing casinos to operate in Mexico would be beneficial for various sectors of the economy, as long as they are administered by the government, said Pablo Azcarraga,...
Grupo Posadas reports increase in income.
MEXICO CITY, Jul 25, 2003 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Posadas reported Thursday that its total income increased by 4.4% year-on-year in the second quarter of 2003 due to the 70% increase in sales of Club Vacacional.The marked increase in...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gaston Azcarraga | CEO |
| Manuel Borja | CFO & Vice President |
| Carlos Varela | Director, HR |
| Oliver Airarte | Manager, Investor Relations |
| Organization | Position | Status |
|---|---|---|
| Grupo Posadas S.A. de C.V. | CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo Posadas S.A. de C.V. | CFO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo Posadas S.A. de C.V. | Director, HR | Current |
| Grupo Posadas S.A. de C.V. | Director, HR | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo Posadas S.A. de C.V. | Manager, Investor Relations | Current |
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