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Grupo Posadas S.A.B. de C.V. Bankruptcy Case

Grupo Posadas S.A.B. de C.V.

Prepackaged

Case No. 21-11831·New York Southern·Petition date Oct 26, 2021

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Investment Banker

DD3 Capital Partners, S.A. de C.V.

Judge: Sean H. Lane
Petition assets: $1B–$10B
Petition liabilities: $1B–$10B
Industry: Hospitality
Debtors: 2

Grupo Posadas S.A.B. de C.V. is a Mexico City-based hotel operator founded in 1967 and listed on the Mexican Stock Exchange. The company manages a portfolio of nine hotel brands and four vacation ownership brands, operating through owned, leased, managed, and franchised properties. Its business includes the Fiesta Rewards loyalty program with 283,000 active members and service platforms like the Konexo call center. With approximately 7,768 employees, the company maintains operations primarily in Mexico, with additional presence in the United States and the Dominican Republic.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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