HOTEL releases 2017 guidance. 40% growth in Revenues and 45% growth in EBITDA

MEXICO CITY, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Grupo Hotelero Santa Fe, S.A.B. Of C.V. (BMV:HOTEL) ("HOTEL" or "the Company"), one of the leading companies in the hotel industry in Mexico, announced its 2017 guidance. The information follows:

Total Revenues 2017: 1,710
Total Revenues 2016: 1,221
Change in Revenues: 489
% Change in Revenues: 40.0%

EBITDA 2017: 619
EBITDA 2016: 426
Change in EBITDA: 193%
% Change in EBITDA: 45.3%

EBITDA Margin 2017: 36.2%
EBITDA Margin 2016: 34.9%
Change in EBITDA Margin: 130 basis points

HOTEL’s 2017 guidance has been prepared using avg exchange rate US Dollar/Mexican Peso of US$: $20.50

Hotel is a leading company in the Mexican hotel industry, centered on acquiring, converting, developing and operating its own hotels as well as third party-owned hotels. The Company focuses on strategic hotel location and quality, a unique hotel management model, strict expense control and the proprietary Krystal® brand as well as other international brands. As of year-end 2016, the Company employed over 2,600 people at 23 hotels in Mexico and generated revenues of Ps. 1,221 million. For more information, please visit

Contact Information Enrique Martínez Guerrero CFO +52 55 5261 0800 Maximilian Zimmermann IR Director +52 55 5261 4508

Source:Grupo Hotelero Santa Fe SAB de CV