Grupo Posadas Sab De Cv Class A · BMV:POSADAS/A
Grupo Posadas Sab De Cv Class A — Q2 2011 Earnings Presentation
18 slides from Grupo Posadas Sab De Cv Class A's earnings presentation, 2011
Slide 1: Executive Presentation 2Q11
Executive Presentation 2Q11
Slide 2: Agenda
Agenda • Posadas overview • Operational and financial overview • Development plan 1
Slide 3: Grupo Posadas
Grupo Posadas 2010 Total revenues US$530 M Rank in Mexico 1 # Hotels (2Q11) 110 # Rooms (2Q11) 19,287 Market share in Mexico 17% (# rooms) # Destinations 61 Countries served 5 Loyalty program (years, # members) 21 years, 2.1 M Strategic alliances 2
Slide 4: #1 Mexican hotel operator with a significant presence across Latam
#1 Mexican hotel operator with a significant presence across Latam 2009 Room supply in Mexico ( thousands of rooms) 2009 Room supply in LatAm (thousands of rooms) 16.6 32.9 12.5 IHG 8.0 Holiday Inn / HI 12.2 Express 9.7 29.6 Accor 8.1 22.0 Riu 4.2 5.9 22.3 Palace Resorts Melia 4.7 21.7 5.4 Camino Re
Slide 5: Diversified portfolio of properties with balanced exposure to urban and coastal locations
Diversified portfolio of properties with balanced exposure to urban and coastal locations Brands in Mexico Brands in South America TX Others As of 2Q11 Mexico Brazil USA Argentina Chile Total Brand Class Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Fiesta Americana (
Slide 6: Agenda
Agenda • Posadas overview • Operational and financial overview • Development plan 5
Slide 7: Posadas: System-wide hotel performance
Posadas: System-wide hotel performance Consolidated A DR (US$) RevPA R (US$) Occupancy 66% $160 65% 63% 61% 62% 62% 61% 62% 62% $140 60% 61% 60% 9/11 Wilma Financial crisis 58% $120 H1N1 55% 54% $98 $99 $97 $100 $95 $91 $91 $93 $78 $85 $79 $85 50% $79 $80 $65 $62 45% $58 $59 $59 $60 $56 $56 $57 $51
Slide 8: Performance: System-wide hotels (2007-2011)
Performance: System-wide hotels (2007-2011) 7
Slide 9: FAVC business provides synergies and a platform for growth
FAVC business provides synergies and a platform for growth Vacation Club overview Membership sales FAVC is a long-term vacation club based on a point system that gives a member the option to use Posadas properties for 40 years FAVC has a direct affiliation agreement with Hilton Grand Vacation Strate
Slide 10: Competitive platform of new businesses
Competitive platform of new businesses Business unit Description Strategic partners Manages loyalty programs Operates our Fiesta Rewards Provides call center services and customer care solutions for related and unrelated businesses Offers business process services of outsourcing and back office, for
Slide 11: Income statement
Income statement (figures in MXN millions) Accum . 2Q11 QoQ Concept 2011 YoY 1,832 14% Total Revenues 3,549 12% 307 10% EBITDA MXN 577 (0%) 17% (0.6pp) M argin 16% (2.0pp) 60 na Net Income 169 138% 10
Slide 12: Debt ratios
Debt ratios Including extraordinary uncollective accounts from Mexicana (NGA) Net debt (US$M) EBITDA (LTM) 96 444 Net debt / EBITDA EBITDA / Net Int. 5.0x Expense 4.2x 5.2x 5.3x 5.2x 4.6x 4.6x 2.6x 2Q10 3Q10 4Q10 1Q11 2Q11 11
Slide 13: Debt mix – 2Q11
Debt mix – 2Q11 Tenor Currency (Net Debt) Total Debt US$ 499 M Cash US$ 47 M Guaranty Rate 12
Slide 14: Debt amortization profile
Debt amortization profile (figures in US$ millions) Total: US$480 M 211 210 Tiie+180 9.25% Senior CB s Notes $2,250 M US$200 M 24 19 16 2011 2012 2013 2014 2015 13
Slide 15: Agenda
Agenda • Posadas overview • Operational and financial overview • Development plan 14
Slide 16: Pipeline - 2011
Pipeline - 2011 Brand Hotel Rooms FI Zacatecas, Argentum 140 FI Teatro Insurgentes 174 FI Nuevo Laredo 120 FA Mexicali 158 FI San Cristobal 80 FA Cuernavaca San Antonio del Puente 80 CB Puerto Montt 129 Live Aqua Cd. de Mexico, Bosques 127 FI Puebla Triangulo Las Animas 136 One Guadalajara U. de G.
Slide 17: Pipeline (2011-2013)
Pipeline (2011-2013) Mexico South America Total Brand Hotels Rooms Hotels Rooms Hotels Rooms Fiesta Americana 6 915 6 915 Fiesta Inn 13 1,783 13 1,783 Caesar Park 1 148 1 148 Caesar Business 2 279 2 279 One hotels 20 2,490 20 2,490 Live Aqua 1 127 1 127 Total 40 5,315 3 427 43 5,742 Total investment
Slide 18: POSADAS
POSADAS.