Hoteles City Express SAB De CV operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hoteles City Express SAB De CV with three other
hotel and motel operators in Latin America:
Grupo Hotelero Santa Fe Sa De Cv
sales of 1.07 billion Mexican Pesos [US$52.61 million]
Grupe S.A.B de C.V.
(1.39 billion Mexican Pesos [US$68.18 million]
Inversiones Nacionales de Turismo SA
based in PERU
(111.22 million Peruvian Sols [US$27.94 million]
of which 67%
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Hoteles City Express SAB De CV totalled
390.81 million Mexican Pesos.
This is a drop of 40.0%
from the 651.58 million Mexican Pesos in sales at the company during the first quarter in 2020.
There appears to be at least some degree of seasonality in the sales at Hoteles City Express SAB De CV: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
44% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
Hoteles City Express SAB De CV reported sales of 1.48 billion Mexican Pesos (US$72.84 million)
December of 2020.
decrease of 53.0%
versus 2019, when the company's sales were 3.15 billion Mexican Pesos.
Contributing to the drop in overall sales was the 55.3% decline
in Administration, from 846.63 million Mexican Pesos to 378.61 million Mexican Pesos.
There were also decreases in sales in
Hotel Operations (down 52.7% to 1.40 billion Mexican Pesos)