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Edge10 Jul 2026
Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
FibraHotel
FibraHotel (FIHO 12) investor relations material
FibraHotel Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Jul, 2026
Executive summary
Ended Q2 2026 with 84 hotels and 12,300 rooms in operation; 85 hotels and 12,360 rooms including leased properties.
Total revenues were Ps. $1,365 million, a 0.4% decrease year-over-year.
Portfolio RevPAR grew 6.1% year-over-year, driven by a 10.5% increase in ADR, despite a 240 bps drop in occupancy.
FIFA World Cup 2026 had a positive but smaller-than-expected impact, with strong RevPAR in major cities but significant demand contraction in Cancun.
Financial highlights
EBITDA for the quarter was Ps. $297 million; AFFO was Ps. $115 million.
Lodging contribution was Ps. $406 million (29.8% margin).
Consolidated net income was Ps. $58 million, down from Ps. $137 million in Q2 2025.
Funds from operations (FFO) were Ps. $190 million.
Distribution of Ps. $123 million (Ps. $0.1555 per CBFI) approved for Q2 2026.
Outlook and guidance
Fiesta Americana Condesa Cancun expected to generate only fixed rent for the full year due to weak demand.
The Ritz-Carlton Cancun, Punta Nizuc project progressing on schedule, with 24% construction completion and Ps. $744 million invested.
Real Inn Mexicali to reopen as Holiday Inn in Q3 2026.
Impact of 2026 World Cup on group travel demand
Drivers of Cancun demand contraction in Q2 2026
Social KPIs for the new Ve por Más credit line
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Latest events from FibraHotel
- Q1 2025 saw 7.3% RevPAR growth, 5.1% revenue rise, and solid distributions with 24.6% LTV.FIHO 12
Q1 20258 Jul 2026 - Q3 2025 revenues fell 2.5% as demand softened, but investments and cost controls support resilience.FIHO 12Q3 20258 Jul 2026
- Revenue up 6% but margins compressed; ADR growth and efficiency drive future recovery.FIHO 12Q2 20248 Jul 2026
- Revenue and RevPAR declined in Q1 2026, but distributions per CBFI will increase 3.7% in 2026.FIHO 12Q1 202626 May 2026
- Q4 2025 delivered stable rates but lower occupancy, with a net loss driven by non-cash impairments.FIHO 12Q4 20251 Apr 2026
- Margins and net income fell despite revenue growth, but new projects and bookings offer optimism.FIHO 12Q3 202419 Jan 2026
- Record revenues and margin expansion in Q4 2024, with robust capital structure and portfolio growth.FIHO 12Q4 202423 Dec 2025
- Q2 2025 showed stable financials, improved profitability, and mixed regional results.FIHO 12Q2 202516 Oct 2025
Next FibraHotel earnings date
Q3 202620 Oct, 2026
FibraHotel
Next FibraHotel earnings date
Q3 202620 Oct, 2026
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