1. Mexico Stocks

  2. •

    Consumer Cyclical

  3. •

    Travel Lodging
Promotora de Hoteles Norte 19, S.A.B. de C.V.

Promotora de Hoteles Norte 19, S.A.B. de C.V.

HOCXF
Promotora de Hoteles Norte 19, S.A.B. de C.V.US flagOther OTC
0.30
USD
- -
- -
123.70MMarket Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
11.93
11.58
3.97
4.7
4.71
4.47
5.3
6.68
7.78
8.49
3.98
5.91
7.83
8.71
Basic EPS, GAAP
0.19
0.35
0.1
0.31
0.42
0.46
0.66
0.71
0.75
0.34
-2.99
-1.03
0.09
2.93
Free Cash Flow per Basic Share
-4.89
-10.25
-2.16
-3.26
-2.5
-2.27
-1.73
-1.98
-4.18
-2.75
-1.11
1.14
2.03
1.98
Dividend per Share
- -
- -
- -
- -
- -
0.03
0.02
0.03
0.07
0.01
- -
- -
- -
- -
Book Value per Share
26.5
22.05
5.82
18.24
21.18
18.57
18.67
19.84
20.75
20.85
17.83
16.99
15.94
18.42
Tangible Book Value per Share
59.91
51.33
13.85
21.38
25.53
20.28
21.18
22.42
23.76
24.11
20.61
19.44
17.69
20.14
Basic Weighted Avg Shares
51
62
235
235
300
385
385
376
371
371
372
385
406
400
Sales/Revenue/Turnover
603
715
932
1,104
1,412
1,718
2,038
2,508
2,888
3,151
1,482
2,274
3,177
3,487
Operating Margin (%)
13.07
9.9
13.47
17.52
18.35
19.4
18.25
20.38
21.85
16.53
-39.19
-2.2
15.14
18.98
Depreciation Expense
89
108
144
164
207
252
291
348
361
462
492
502
483
208
Net Income, GAAP
10
21
24
73
125
178
256
268
278
128
-1,113
-396
35
1,174
Effective Tax Rate (%)
8.89
40.27
17.84
18.3
13
23.63
18
16
16.66
20
- -
- -
- -
- -
Profit Margin (%)
1.62
3.01
2.57
6.57
8.85
10.33
12.55
10.7
9.64
4.05
-75.07
-17.43
1.1
33.66
Working Capital
863
586
520
1,708
3,203
2,489
1,828
1,167
900
743
16
1,049
332
392
LT Debt
684
1,049
1,626
1,967
1,773
1,987
2,403
2,599
3,820
5,374
5,700
6,216
5,428
4,083
Total Equity
3,030
3,170
3,257
5,026
7,655
7,806
8,151
8,420
8,819
8,947
7,671
7,482
7,177
8,062
Return on Invested Capital (%)
2.17
1.04
2.2
2.58
2.68
2.58
2.91
3.86
4.25
2.91
- -
- -
- -
- -
Return on Capital (%)
2.72
2.77
2.89
2.7
2.58
2.57
3.59
3.77
4.33
4.19
- -
- -
- -
- -
Return on Common Equity (%)
0.77
1.59
1.76
2.57
2.35
2.63
3.57
3.67
3.67
1.65
-15.48
-6.02
0.54
16.91

Capital Structure

FRC

•

in mil. unless spec.
Dec'22
Mar'23
Jun'23
ST Debt
704
823
652
LT Borrowings
5,131
4,541
3,813
LT Finance Leases
298
284
271
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
392
412
412
Market Capitalization
- -
- -
3,097

Working Capital

FRC

•

in mil. unless spec.
Dec'22
Mar'23
Jun'23
Total Current Assets
1,458
1,318
1,945
Cash, Cash Equivalents & STI
695
735
1,372
Accounts Receivable, Net
155
180
191
Inventories
- -
- -
- -
Total Current Liabilities
1,126
1,299
1,552
Payables & Accruals
- -
- -
- -
ST Debt
704
823
652
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.17%
-2.92%
-4.07%
Free Cash Flow
-4.87%
-20.5%
88.49%
Net Income, GAAP
-82.93%
-239.02%
-108.85%
Sales/Revenue/Turnover
17.41%
12.87%
39.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
391
519
638
726
2,274
2022
624
781
846
926
3,177
2023
840
875
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.54
-0.33
-0.25
- -
-1.03
2022
-0.07
-0.06
- -
- -
0.09
2023
-0.12
2.78
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Eduardo Ymay Seeman
Full Time Employees
4,135
Sector
Consumer Cyclical
Industry
Travel Lodging
Address
Juan Salvador Agraz 69 Col. Mexico City DF Mexico 05348
IPO Date
May 2, 2023
Website
cityexpress.com
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Business
Promotora de Hoteles Norte 19, S.A.B. de C.V. (formerly Hoteles City Express, S.A.B. de C.V.) operates as a hotel promoter and developer, focusing on ownership, management, franchising, and technical services for limited-service hotels targeting business travelers in Mexico, Costa Rica, Colombia, and Chile. The company offers core services including hotel investment funds, professional operations teams, tourist project design and development, and technological solutions for hotel administration and marketing; it previously developed brands now under Marriott International such as City Express by Marriott, City Express Plus by Marriott, City Express Suites by Marriott, City Express Junior by Marriott, and City Centro by Marriott, through segments of hotel operation and management. Founded in 2002 and headquartered in Mexico City, Mexico, it maintains presence across more than 75 cities with over 150 properties and provides leasing, administrative, and specialized support to third parties. In a major strategic shift, the company sold its City Express brand portfolio to Marriott International for $100 million in 2022-2023, monetizing intellectual property including trademarks, domains, and the City Premios loyalty program while retaining operating contracts and development activities; this transaction boosted Marriott's Latin America footprint by 45% and enabled stabilized franchise fees of about $10 million. Following the deal, Promotora de Hoteles Norte 19 changed its name from Hoteles City Express in April 2024 to reflect its evolution into a diversified promoter emphasizing new brands, market segments, and regional growth in Latin America and the Caribbean. These changes enhance liquidity, reduce debt, and position the firm to incorporate additional hotel units and expand beyond its original economy business travel focus.