Grupo Posadas, S.A.B. de C.V. or Posadas is a
hospitality company based in
Mexico City
Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital city, capital and primate city, largest city of Mexico, and the List of North American cities by population, most populous city in North Amer ...
. It owns, leases, operates and manages hotels, resorts and villas with its several different brands.
As of 2020, the company operates more than 150 hotels with 24,000 hotel rooms.
Aviation
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
MexicanaClick, formerly Click Mexicana, was Mexicana's regional operator, serving most of Mexicana's domestic routes between more than 25 Mexican cities. It was founded as a low-cost carrier, but changed its market to regional operations after i ...
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
Givebacks is a trade union term for the reduction or elimination of previously won benefits.
History
1978: The first known publication of the term giveback in relation to organized labor negotiations was in ''The New York Times
''The New Y ...
by unions. MexicanaClick and MexicanaLink are also now defunct.
Hospitality
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.
History
In 2012, Grupo Posadas sold its South American brands Caesar and Caesar Business to
Accor Hotels
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide.
Accor op ...
. This appears to be a refocusing on the Mexican hospitality industry.
Fiesta Rewards
Fiesta Rewards is Grupo Posada's frequent traveler program for its hospitality brands.
References
{{Reflist
Hotel chains in Mexico
Hospitality companies established in 1967
Hospitality companies of Mexico
Hospitality companies
Companies based in Mexico City
Mexican companies established in 1967
Companies that filed for Chapter 11 bankruptcy in 2021