Fibra Inn · BIVA:FINN/13

Fibra Inn — Q4 2015 Earnings Presentation

21 slides from Fibra Inn's earnings presentation, Feb 26, 2016

  1. Slide 1: Fourth Quarter 2015 Results

    Fourth Quarter 2015 Results Conference Call February 26, 2016

  2. Slide 2: Agenda

    Agenda Fourth Quarter 2015 Results I. Quarterly Distribu;on and Dividend Yield II. Relevant Events III. Acquisi;on of Hotels IV. Opera;onal and Financial Highlights V. Closing Remarks VI. Q&A Session 2

  3. Slide 3: I. Quarterly Distribution and Dividend Yield

    Conference Call Fourth Quarter 2015 Results I. Quarterly Distribu?on and Dividend Yield

  4. Slide 4: Distributions and Dividend Yield

    Distribu?ons and Dividend Yield Total Distribu?on (millions) Quarterly Dividend Yield % 4Q15 4Q14 Var Period 2013 2014 2015 92.4 74.6 23.9% 1Q 4.5% 5.6% 4.6% 2015 2014 2Q 4.3% 3.7% 5.4% 338.1 237.2 42.6% 3Q 6.0% 5.3% 4.8% 4Q 5.8% 4.2% 6.0% Year 4.1% 4.9% 5.6% Distribu?on Ps. Per CBFI Period 2013 201

  5. Slide 5: II. Relevant Events

    Conference Call Fourth Quarter 2015 Results II. Relevant Events

  6. Slide 6: Acquisitions: Hampton Inn by Hilton Chihuahua

    Acquisi?ons Dec 11, 2015 – Hampton Inn by Hilton Chihuahua Key Facts Investment* Ps. 322.2 million Number of Rooms 190 Segment Select Service 6 *Excluding acquisi;on-related expenses

  7. Slide 7: Acquisitions: City Express Chihuahua

    Acquisi?ons Dec 11, 2015 – City Express Chihuahua Key Facts Investment* Ps. 86.8 million Number of Rooms 104 Segment Select Service 7 *Excluding acquisi;on-related expenses

  8. Slide 8: Acquisitions: City Express Junior

    Acquisi?ons Dec 11, 2015 – City Express Junior Key Facts Investment* Ps. 35.3 million Number of Rooms 105 Segment Limited Service 8 *Excluding acquisi;on-related expenses

  9. Slide 9: Hotel Under Binding Agreement

    Hotel Under Binding Agreement November 9, 2015 – Courtyard by Marrio- Chihuahua Property under construc5on Key Facts Investment(1) Ps. 234.4 million Number of 152 Rooms(2) Segment Select Service 9 (1) Excluding acquisi;on-related expenses

  10. Slide 10: Termination of two Developments

    Termina?on of two Developments November 1, 2015 –Courtyard by Marrio- December 17, 2015- Fairfield Inn & Suites by Sal5llo Marrio\ Coatzacoalcos, Veracruz xKey Facts Key Facts Investment(1) Ps. 228.7 million Investment(1) Ps. 189 million Number of Rooms(2) 180 Number of Rooms(2) 180 Segment Select Se

  11. Slide 11: Current Standing

    Current Standing Variation 4Q15 4Q14 4Q15 vs 4Q14 Hotels(1) 41 31 10 Rooms(1) 6,832 5,718 1,114 Developments 0 3 -3 Land banks 1 - +1 Segments 4 3 +1 States 15 14 +1 Global Brands 13 12 +1 Local Brands 5 2 +3 (1) Includes properties and rooms under agreement and under development. 11

  12. Slide 12: V. Operational and Financial Review

    Conference Call Fourth Quarter 2015 Results V. Opera?onal and Financial Review

  13. Slide 13: Operational Indicators

    Opera?onal Indicators Same-Store Sales (34 comparable properties) 4Q15 4Q14 Var % Room Revenues (Ps. millions) 331.4 285.5 16.1% Occupancy excluding the addition of rooms 59.3% 57.4% 1.9% Occupancy 57.8% 57.4% 0.4% Average Daily Rate (ADR) (Ps.) 1,119.9 996.7 12.4% RevPar excluding the addition of r

  14. Slide 14: Fibra Revenue

    Fibra Revenue Financial Indicators 4Q15 % 4Q14 % Var % (Ps. millions) Room Revenue 345.3 93.8 241.1 94.0 43.2 Rental Revenue 22.7 6.2 15.5 6.0 46.4 Total Revenue for Fibra 368.1 100.0 256.7 100.0 43.4 2.6% 11.9% Total Revenue by Segment 12.6% 39.4% Limited 40.1% Select Full 48.7% Extended Stay 44.8%

  15. Slide 15: Quarterly Income Statement

    Quarterly Income Statement Income Statement 4Q15 % 4Q14 % Var. Ps. Var. % (Ps. millions) Total Fibra Revenue 368.1 100.0 256.7 100.0 111.4 43.4 Operating Expenses 229.7 62.4 161.7 63.0 68.0 42.1 NOI 138.3 37.6 95.0 37.0 43.3 45.6 Acquisition Expenses 19.6 5.3 64.1 25.0 -44.5 -69.4 EBITDA 103.4 28.1

  16. Slide 16: Annual Income Statement

    Annual Income Statement Income Statement 2015 % 2014 % Var. Ps. Var. % (Ps. millions) Total Fibra Revenue 1,309.8 100.0% 884.3 100.0% 425.5 48.1% Operating Expenses 827.0 63.1 562.7 63.6 264.3 47.0 NOI 482.8 36.9 321.6 36.4 161.2 50.1 Acquisition Expenses 51.1 3.9 64.3 7.3 -13.2 -20.6 EBITDA 345.2 2

  17. Slide 17: Balance Sheet

    Balance Sheet Balance Sheet Dec 31, 2015 % Dec 31, 2014 % (Ps. millions) Cash & equivalents 830.5 9.1 1,106.7 14.6 Total Assets 9,161.7 100.0 7,560.5 100.0 Liability for bank debt commission 4.1 0.2 10.7 2.9 Total Short Term Liabilities 193.9 9.1 297.9 80.1 Bank loans, net of commissions 69.4 3.3 66

  18. Slide 18: VI. Closing Remarks

    Conference Call Fourth Quarter 2015 Results VI. Closing Remarks

  19. Slide 19: Closing Remarks

    Closing Remarks Fourth Quarter 2015 Results 1. Sales reached double-digit growth mainly to: • The markets where our hotels are located have a successful performance • The revenue maximization in hotel rates • Our rates are negotiated in U.S. dollars 2. Our margins for the year show operating efficie

  20. Slide 20: VII. Question and Answer Session

    Conference Call Fourth Quarter 2015 Results VII. Ques?on and Answer Session

  21. Slide 21: Note on forward-looking statements

    Note on forward-looking statements This document may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and es<mates of future economic circumstances, industry condi<ons, Company performance and financial resul

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