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