DOCSLIB.ORG

Annual Report 2013 Highlights 66Portfolio Occupancy Rate% 5.6Revenue Per Available Room Increase% 20

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2013 Highlights 66Portfolio Occupancy Rate% 5.6Revenue Per Available Room Increase% 20 @FibraHotel 2013 Annual Report 2013 Highlights 66Portfolio occupancy rate% 5.6Revenue Per Available Room increase% 20 hotels acquired 2,924 million of Pesos invested in hotels 4,878 20 million of Pesos raised in May 2013 (follow-on) hotels: agreement with Marriott 338 million of Pesos: total distribution to holders 22.8% CBFI return from the IPO (November 2012) to December 2013 (including distributions) 2013 IBRA OTEL Annual Report F H 1 1. Fiesta Inn Aguascalientes This select-service, 125-room hotel is located in the city of Aguascalientes, in the State of Aguascalientes. Located just 20 minutes from the Aguascalientes international air- port and 10 minutes from downtown Aguascalientes, it has easy access to the city’s most important industrial corridor. This hotel is near the Villasunción Shopping Center, as well as various tourist attractions. As of Dec. 31, 2013, the number of employees was 61. 2 Content Page Hotel’s list 4 At the time of this Annual Report, the portfolio of Letter from the Director to Holders hotels in operation was as follows: Num. Hotel Introduction to FibraHotel 6 Page Introduction 6 8 1. Fiesta Inn Aguascalientes 2 The History of FibraHotel 3 8 2. Fiesta Inn Ciudad Juárez Portfolio Evolution 3. Fiesta Inn Ciudad Obregón 6 Structure 10 4. Fiesta Inn Chihuahua 7 8 Management Team 12 5. Fiesta Inn Culiacán 6. Fiesta Inn Cuautitlán 9 13 7. Fiesta Inn Durango 10 Industry overview 11 14 8. Fiesta Inn Ecatepec Hotel industry trends in Mexico 9. Fiesta Inn Guadalajara Expo 12 Market Opportunity 15 10. Fiesta Inn Hermosillo 13 11. Fiesta Inn León 14 15 FibraHotel’s Strategy 16 12. Fiesta Inn Mexicali 16 13. Fiesta Inn Monclova 16 FibraHotel’s Competitive Strengths 17 18 14. Fiesta Inn Monterrey La Fe / Airport FibraHotel’s Strategy 15. Fiesta Inn Naucalpan 18 Acquisitions 21 16. Fiesta Inn Nuevo Laredo 19 20 Developments 22 17. Fiesta Inn Oaxaca 18. Fiesta Inn Perinorte 21 24 19. Fiesta Inn Perisur 22 FibraHotel Portfolio 23 25 20. Fiesta Inn Puebla FINSA Presentation of the FibraHotel Portfolio 21. Fiesta Inn Querétaro 24 FibraHotel Portfolio - Map 28 22. Fiesta Inn Saltillo 25 30 FibraHotel Portfolio – Brands and Operator 30 23. Fiesta Inn Tepic 24. Fiesta Inn Tlalnepantla 31 FibraHotel Portfolio Segments 33 25. Fiesta Inn Torreón Galerías 32 Key Performance Indicators of 33 34 26. Fiesta Inn Toluca FibraHotel’s Portfolio 27. Fiesta Inn Xalapa 34 28. Real Inn Guadalajara Centro 35 Finance section 36 29. Real Inn Morelia 36 37 Financial Results for the year 2013 37 30. Real Inn Mexicali 40 31. One Acapulco 38 Cash flow and liquidity position 39 41 32. One Aguascalientes Capital Expenditures 33. One Coatzacoalcos 40 Cash flow distribution 42 34. One Culiacán 41 35. One Guadalajara Tapatío 42 43 FibraHotel Corporate Governance 43 36. One Xalapa 44 37. One Monterrey Airport 44 Technical Committee and FibraHotel Committees 38. One Puebla FINSA 45 39. One Querétaro Plaza Galerías 46 FibraHotel on the Mexican Stock Exchange 48 40. One Toluca 47 41. One Patriotismo 48 49 Renovations 50 42. Camino Real Puebla 43. Camino Real Hotel & Suites Puebla 50 51 52 44. Fiesta Americana Aguascalientes Post-2013 events 45. Fussion 5 León 52 46. Fairfield Inn Los Cabos 53 Consolidated Financial Statementss 54 47. Valle Grande Ciudad Obregón 54 NOTE: The publication date of this Annual Report is June 30th, 2014. 2. Fiesta Inn Ciudad Juárez This select-service, 166-room hotel is located in Ciudad Juárez in the State of Chihua- hua. It is strategically located nearby the city’s most active commercial and financial district. This hotel is just kilometers from the border with El Paso, Texas, and the In- ternational Airport of Ciudad Juárez. The location makes for easy access to important industrial parks, malls, museums, and entertainment venues. As of Dec. 31, 2013, the number of employees was 46. 2013 IBRA OTEL Annual Report F H 3 Letter from the Director Fiesta Inn Querétaro Fiesta to Holders June 2014 Dear FibraHotel Certificate Holders, 2013 was our first full year as a public FIBRA, and a great one for FibraHotel. As a very young company with strong growth to come during the next couple of years, during 2013 we focu- sed on executing our business plan and setting up the company for long term success. Recapping our most important achievements during 2013, FibraHotel: • More than doubled our number of hotels in operation. We started the year with 18 operating hotels (of which it had taken us 17 years to develop 17 hotels as a private company), and with the transformation to a Fibra, we finished the year with 39 operating hotels and eight hotels under developments reaching a total of 47 hotels. • Transitioned the company from private to public by rounding out our management team and implementing an administrati- ve structure ready to support our growth strategy. • Implemented the double invoicing system, bringing all of our hotels and operators in line with the systems, accounting and ope- rating requirements for Lodging REITs in Mexico. • Proved our organic growth potential, es- pecially targeting room rate growth in real terms. We achieved ADR growth for our ini- tial portfolio of 5.7%, while RevPAR grew 5.6%. Both of these metrics were well above Mexican GDP growth of 1.1%, and inflation of 3.9% • Capitalized the company through a successful US$381million equity offering and signed a MXN $1,000 million revolving credit line. Even though we only expect to use leverage transactionally at this stage, this capital pro- vides the firepower to execute our business plan and reach our goal of FibraHotel 100, or 100 business hotels in the medium term. 4 • Expanded the alternatives in our open ar- where it is difficult to acquire an operating hotel at the right price. De- chitecture, under which we as hotel owners velopments provide us with a higher risk/return component, but we are choose the best operator and brand based very comfortable in managing this risk and that through our real esta- on each specific situation, going from two te relationships we can find unique locations inside multi-use projects operators with three brands, to three opera- that provide a barrier to entry that is difficult to replicate. Furthermore, tors with 11 brands. During 2013 we, signed new developments will help us get higher returns in the medium term a 20-hotel agreement with Marriott Interna- as well as balance our portfolio with new assets and new brands/ope- tional giving us access to their international rators. The main drawback to developing new hotels is that in the near brands, signed a 10-hotel agreement with term, they will be a drag on returns because we will invest the cash that Grupo Real Turismo, and continued streng- we currently have on our balance sheet, and before obtaining a proper thening our relationship with Grupo Posadas return we will have to wait 12-18 months for the hotel construction to adding new brands. be complete and an additional six to 18 months for the hotel to ramp- • Returned through distributions almost MXN up. We understand this risk component in developments, but as the $338 million representing MXN $0.77 per largest shareholder in the FIBRA, I am very comfortable that this will certificate. This, notwithstanding the fact maximize the dividend in the long term and our certificate holders will that for most of the year a very important be properly rewarded in time. part of our balance sheet was held in cash providing a drag on portfolio returns. We will In terms of the market, we continue to believe that the industry dyna- continue focused on returning cash flow to mics as very attractive and that there is an important opportunity to investors through distributions. capitalize on the expected growth of the Mexican economy in the fu- ture through business hotels, and in the organic growth of our existing Even with all of these successes, during 2014 portfolio through the sustainable increase in room rates. The first half we will continue to be focused on executing our of 2013 was stronger than the second half and to date in 2014, but we business plan to maximize the value of FibraHo- continue to expect important room demand growth in Mexico which tel in the following years as we put to work the will be directly benefited by the increased investing in the country both MXN $5,000 million in cash at the end of 2013 by foreigners and locals, as business spending continues to accelerate, and as these investments mature providing us as the general economy grows, and in the medium term as the structu- with attractive returns. ral reforms in Mexico are passed and implemented. Our core investments continue to be business In 2013 the hotel industry in Mexico saw an important increase in hotels in Mexico and are very strict in enforcing focus by both local and international investors with new money and an investment discipline that is value accretive players coming into the market. This availability of capital created cap in the acquisition of stabilized hotels, repositio- rate compression in the market and at times aggressive acquisition pri- ning of existing hotels and development of new ces. In this light, we continue to hold firm in our acquisition discipline hotels. We will continue to only acquire ope- and believe that there continue to be attractive opportunities through rating hotels at a 10% or higher cap rate and our proprietary sourcing. We expect the market to continue growing in do developments of new hotels at a 11-12% or the future years and thus continue to be very focused in hotels that higher cap rate.
Load more

Recommended publications
  • Instituto De Transparencia, Acceso a La Informacion Publica Y Proteccion De Datos Personales Del Estado De Baja California Padron De Proveedores Ejercicio Fiscal 2017
    INSTITUTO DE TRANSPARENCIA, ACCESO A LA INFORMACION PUBLICA Y PROTECCION DE DATOS PERSONALES DEL ESTADO DE BAJA CALIFORNIA PADRON DE PROVEEDORES EJERCICIO FISCAL 2017 NOMBRE FISCAL NOMBRE COMERCIAL RFC GIRO (ACTIVIDAD) DOMICILIO 1 HOME DEPOT MEXICO S DE RL DE CV THE HOME DEPOT HDM001017AS1 MEJORAMIENTO DEL HOGAR AV RICARDO MARGAIN #605, CP 66267, COL. SANTA ENGRACIA, GARZA GARCIA NL 2 CECILIA FABIOLA ZOZAYA LOPEZ S/N ZOLC721128168 ARRENDAMIENTO PLATANEROS SUR NO 1907, COL BUROCRATA, CP 21020, MEXICALI BC 3 PARAISO PERISUR SA DE CV RADISSON PPE860612QN3 HOTELERIA CALLE CUSPIDE NO EXT 53, COL. PARQUE DEL PEDREGAL CP. 14010, MEXICO DF 4 HONORIO TINOCO VILLAGOMEZ S/N TIVH6402238Y0 SERVICIO DE LIMPIEZA CALLE VIA RAPIDA ORIENTE NO. EXT 14750-B NO INTERIOR 737, COL. GUADALUPE VICTORIA, TIJUANA BC, CP 22426 5 ESQUER LOERA FRANCISCO IDEAS IMPRESAS IMPRENTA EULF701029URA IMPRENTA AV. JUAN ALDAMA 1405, COL. INDEPENDENCIA, CP 21290, MEXICALI BC 6 AEROVIAS DE MEXICO SA DE CV AEROMEXICO TRANSPORTE AEREO AV PASEO DE LA REFORMA 445, COL. CUAUHTEMOC, CP 06500, MEXICO DF 7 MARIA DE LA LUZ GUARDADO TORRES SPEED AUTO CAR WASH GUTL950730MU4 LAVADO DE CARRO BLVD. LOPEZ MATEOS, CENTRO CIVICO #908, CP 21150, MEXICALI BC 8 GRUPO ISOMII SA DE CV GRUPO ISOMI GIS9204038F5 TELECOMUNICACIONES AV. FELIPE PESCADOR #1611, CP 21030, COL. HEROE DE NACOZARI MEXICALI BC 9 ALPE DE BAJA CALIFORNIA SA DE CV ALPE ABC9602218IA PAPELERIA BLVD ANAHUAC Y LAGOS DE LOS ESCLAVOS NO 1200 INT NO LOCAL 1 Y 2, JARDINES DEL LAGO, CP 21330 MXLI 10 JORGE MARTINEZ VELA MARVEL ELECTRONICS MAVJ650808DR4 MATERIAL ELECTRICO BLVD BENITO JUAREZ NO 3557 INT NO 2, CP 21285, FRACC, RESIDENCIAS IMPERIALES, MEXICALI BC 11 CLIPS MART SA DE CV CLIPS CMA0006277Q6 PAPELERIA CALZ MACRISTY RAMOS DE HERMOSILLO 1489-B, COL.
    [Show full text]
  • El Puerto De Liverpool, S.A.B. De C.V. Results of Operations for the Third Quarter of 2017
    LIVEPOL EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. RESULTS OF OPERATIONS FOR THE THIRD QUARTER OF 2017 Highlights Although the average exchange rate for the quarter showed the peso to be 4.9% stronger than in the same period of last year, in the last week of September and the first half of October the Mexican currency weakened by almost 6%. Most consumption-related macroeconomic indicators remained positive, such as job creation, total payroll, consumer credit and remittances; but inflation continues to rise, reaching a 12-month rate of 6.35% at the close of September. Meanwhile, the consumer confidence index recouped its steep losses in January, reaching its highest level since June 2016 with a growth of 6.1% compared to September 2016. Total revenues for the quarter following the integration of Suburbia grew 24.4%. Total sales in the year to date are up 19.2%. Same-store sales grew 5.1% year to date, and 5.2% excluding Suburbia. Following the earthquake on September 19, for the safety of our customers, employees and vendors, some stores and shopping centers remained closed pending the necessary inspections. This had a combined impact of Ps. 180 million on store sales. The Liverpool and Suburbia stores in the Villa Coapa area of Mexico City, along with the Galerías Coapa shopping center, will remain closed until the necessary repairs are carried out; we want to stress that none of our locations suffered structural damage. Liverpool booked Ps. 186 million in provisions to cover the various expenses related to reparation of the damage from the earthquakes.
    [Show full text]
  • ANEXO 1 “Promoción Abril Reloj Inteligente Pospago”
    ANEXO 1 “Promoción Abril Reloj Inteligente Pospago” Promoción que pone a disposición de sus consumidores Pegaso PCS, S.A DE C.V. (Movistar) bajo los siguientes términos y condiciones. I. INCENTIVO QUE SE OFRECE: 1. DESCRIPCIÓN DE BENEFICIO El incentivo de la presente promoción es Reloj Inteligente. Al cumplir con la mecánica y condiciones de esta promoción en la Contratación de un plan de Pospago, dentro de los Lugares Participantes, se otorgará como regalo un Reloj Inteligente color negro II. MECÁNICA, PROCEDIMIENTO Y LUGARES PARA REALIZAR EL CANJE DE LA PROMOCIÓN 1. VIGENCIA Y LUGARES PARTICIPANTES Vigente dentro de territorio nacional a partir del 17 de abril al 31 de mayo o hasta agotar existencias. a) Puntos de Venta Autorizados Movistar que vendan la modalidad de Pospago: Se tienen en existencia 10,757 piezas de los Relojes Inteligentes. Los cuáles serán entregados al momento de la Contratación o renovación de un plan Pospago según la dinámica para la obtención de regalo, durante el periodo promocional o hasta agotar existencias de las piezas, lo que ocurra primero. 2. PARTICIPANTES Y PROCEDIMIENTO DE OBTENCIÓN DEL REGALO Mecánica / Participantes: Para ser acreedor del regalo promocional, el consumidor deberá realizar cualquiera de las siguientes contrataciones o renovaciones: • Renovar con cualquier plan pospago con una renta mensual de servicio igual o mayor al Plan que el cliente tiene actualmente con cualquier equipo, a través de cualquiera de nuestros canales de renovación, tienda en línea tienda.movistar.com.mx o página web movistar.com.mx. • Contratar, portar, adicionar, migrar o cambiarse a cualquier Plan Movistar en la modalidad de Pospago con o sin equipo, a través de la tienda en línea tienda.movistar.com.mx o página web movistar.com.mx.
    [Show full text]
  • Centros De Atención a Clientes Telcel
    Directorio de Centros de Atención a Clientes (CAC) de Telcel en la Ciudad de México ÁREA DE ESPERA POSICIÓN DE ATENCIÓN A SEÑALIZACIÓN ACCESO CON ANIMALES REGIÓN NOMBRE DEL CAC HORARIO Domicilio: Calle Domicilio: No. Exterior Domicilio: No. Interior Domicilio: Colonia Domicilio: Código Postal Domicilio: Municipio Domicilio: Entidad KIOSKO CAJERO ATM RAMPA RUTA ACCESIBLE RESERVADA PARA MENOR ALTURA ACCESIBILIDAD GUIA PERSONAS CON 9 LORETO LUNES A DOMINGO DE 9:00 A 19:00 HRS. ALTAMIRANO 46 PLAZA LORETO TIZAPAN 1090 ÁLVARO OBREGÓN CDMX X X 9 SAN ANGEL LUNES A DOMINGO 10:00 A 19:00 HRS. AVE. INSURGENTES SUR 2105 DENTRO DE TIENDA SANBORNS SAN ANGEL 1000 ÁLVARO OBREGÓN CDMX X X X 9 CAMARONES LUNES A VIERNES 09:00 A 18:00 HRS. CALLE NORTE 77 3331 OBRERO POPULAR 11560 AZCAPOTZALCO CDMX X X X CENTRO COMERCIAL PARQUE 9 PARQUE VÍA VALLEJO LUNES A DOMINGO 10:00 A 20:00 HRS. CALZADA VALLEJO 1090 SANTA CRUZ DE LAS SALINAS 2340 AZCAPOTZALCO CDMX X X X VIA VALLEJO 9 SERVICIO TÉCNICO TELCEL Y CENTRO ATENCIÓN ETRAM ROSARIO LUNES A DOMINGO 10:00 A 20:00 HRS. AVE. DEL ROSARIO 901 CETRAM EL ROSARIO EL ROSARIO 2100 AZCAPOTZALCO CDMX X X X X 9 AMORES LUNES A VIERNES 9:00 A 18:00 HRS. AMORES 26 DEL VALLE 3100 BENITO JUÁREZ CDMX X X X X X X 9 DEL VALLE LUNES A VIERNES 9:00 A 18:00 HRS. EJE 7 SUR FELIX CUEVAS 825 DEL VALLE 3100 BENITO JUÁREZ CDMX X X X X X X 9 EJE CENTRAL LÁZARO CÁRDENAS LUNES A DOMINGO 10:00 A 19:00 HRS.
    [Show full text]
  • Kick Off Meeting Private Equity with Afores and Other QIB's
    Análisis Actinver Sector and Regional Studies May, 2015 Mexico’s Northwestern region economy CONFIDENCIAL Y DE USO INTERNO 1 Mexico’s Northwestern region Main points General features Page 3 Population Page 4 Working population Page 5 Importance of region economy in the macroeconomic context Page 6 Region’s economy Page 8 Sector participation in national economy Performance of agriculture sector Page 9 Performance of industrial sector Page 11 Performance of services sector Page 12 Foreign Direct Investment Page 13 Region infrastructure Page 14 Maritime ports Page 15 Railways Page 16 Highways and roads Page 17 Competitiveness index Page 18 Industrial Parks Page 19 Company generation Page 21 Commercial banking loans by State Page 23 State participation in NIP, investment projects Page 24 CONFIDENCIAL Y DE USO INTERNO 2 General features Mexico’s Northwestern region • Region concentrates 12.9% of country’s total population (119.71 million to 2014). • The fourth most important region of GDP value totaling MP 1,679,920 million during 2014, with a 12.8% participation. • Economic growth rhythm is above national GDP with a 3.1% rate between 2003 and 2013. • Sonora and Chihuahua are the highest added value economies of the six entities part of the region, together with BC, BCS, Durango and Sinaloa. • Services sector has the highest weight of the regional economy with a 59.30%, followed by the industrial sector with 34.22% and the agriculture sector with 6.49%. • Main activities of the region are focused on the industrial, mining and tourism activities. Although the agriculture sector represents 26.0% of national total.
    [Show full text]
  • El Puerto De Liverpool, S.A.B. De C.V. Results of Operations for the First Quarter of 2018
    LIVEPOL EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. RESULTS OF OPERATIONS FOR THE FIRST QUARTER OF 2018 Highlights Positive: Exchange rate: the average for the quarter showed the peso to be 7.8% stronger than in the same period of last year. Continuing healthy growth in job creation, total payroll and remittances. Inflation: trending toward a year-end level of 4.1%. Negative: Consumer confidence: closed the quarter at its lowest level since March 2017. Durable goods purchasing intentions rose 4.0% compared to the same quarter of last year, but dropped 18.6% from their December 31, 2017 level. Consumer credit: remains on positive ground, but slowed to a current level of less than 10% growth. Benchmark interest rate: rose to 7.5% after rate hikes totaling 150bp in 2017, plus another 25bp in February of this year. Company results and outlook: Same-store sales grew 5.9% excluding Suburbia. Total revenues, including the integration of Suburbia, grew 22.3% in the quarter. Non-performing loans ended the quarter at 5.1%, 63bp higher than last year. The EBITDA margin was 9.4%, down 315bp in this first quarter. Suburbia and one-off effects are responsible for almost 60% of this reduction. Net profit for the quarter rose 26.7%. The Galerías Coapa Liverpool and Suburbia stores and Galerías Coapa shopping center as a whole remained closed until the necessary repairs are carried out following the earthquakes of September 2017. The store opening plan for 2018 includes the opening of six Liverpool stores and six Suburbia stores.
    [Show full text]
  • Apropiación Simbólica Del Centro Comercial Santa Fe1
    Ciudad de México: Apropiación simbólica del Centro Comercial Santa Fe1 Inés Cornejo Portugal2 y Elizabeth Bellon3 Universidad Iberoamericana (México) PUNTOS DE PARTIDA Los antecedentes del presente estudio se fueron construyendo desde hace más de cinco años, con aproximaciones exploratorias en Plaza Universidad y Plaza Satélite, cuyos resultados ya se publicaron4. A partir de los hallazgos de dichas investigaciones se formuló una nueva propuesta de trabajo, en donde se retomaron tanto las reflexiones teóricas de los primeros acercamientos como el uso de herramientas metodológicas que permiten cercar de mejor manera este fragmento de realidad. En el presente documento se pone en común el marco conceptual que hasta ahora ha conducido la exploración, así como una interpretación de los primeros datos em- píricos obtenidos a partir de tres instrumentos: la entrevista, la encuesta y la observación etnográfica. Aunque la información es valiosa, esta lectura inaugural traza las rutas a seguir respecto de una comprensión a mayor profundidad5. 1 Este trabajo forma parte de una investigación mayor que se ha venido desarrollando desde no- viembre de 1999 con el apoyo del Fondo Nacional para la Cultura y las Artes (FONCA), Programa de Fo- mento a Proyectos y Coinversiones Culturales, así como por el Consejo Nacional de Ciencia y Tecnología (CONACYT), modalidad Investigador Independiente. Agradecemos a Gerardo Novo y Rafael Torres, be- carios del CONACYT, quienes también participan en esta investigación. 2 Profesora-investigadora de tiempo completo, Universidad Iberoamericana, investigadora respon- sable. 3 Universidad Iberoamericana, investigadora asociada. 4 Urteaga, Maritza y Cornejo, Inés: «La privatización afectiva de los espacios comerciales por las y los jóvenes», Ciudades, nº 27, México, Red Nacional de Investigación Urbana, SEP/UAM-Iztapalapa, julio-septiembre 1995, pp.
    [Show full text]
  • Expreriencias Empresariales Latinoamericanas: Casos De Estudios
    Experiencias empresariales latinoamericanas Casos de estudio Experiencias empresariales latinoamericanas Casos de estudio Jorge A. González González Camilo A. Mejía Reátiga (Editores) MÉXICO COLOMBIA 2015 Experiencias empresariales latinoamericanas: casos de estudio / editores, Jorge A. González González, Camilo A. Mejía Reátiga. -- Barranquilla, Col. : ALAC, Tecnológico de Monterrey, Editorial Universidad del Norte, 2015. 172 p. : il. ; 24 cm. Incluye referencias bibliográficas en cada capítulo. ISBN 1. Administración—Enseñanza. 2. Administración—Estudio de casos. I. González González, Jorge Alfonso. II. Mejía Reátiga, Camilo Antonio. III. ALAC. IV. Tecnológico de Monterrey. V. Editorial Universidad del Norte. VI. Tít. (658.00723 E96 23 ed.) (CO-BrUNB) www.itesm.mx www.uninorte.edu.co Campus Guadalajara: Av. General Ramón Km 5, vía a Puerto Colombia Corona 2514. Col. Nuevo México. A. A. 1569, Barranquilla (Colombia) C. Postal 45201, Zapopan, Jalisco, México © 2015, Universidad del Norte © 2015, Tecnológico de Monterrey - ALAC Jorge A. González González, Camilo A. Mejía Reátiga Coordinación editorial Zoila Sotomayor O. Coatlicue Regalado Arenas Diseño y diagramación Luis Gabriel Vásquez M. Diseño de portada Joaquín Camargo Asesoría diseño editorial Munir Kharfan de los Reyes Corrección de estilo Coatlicue Regalado Arenas Hecho en Colombia Made in Colombia © Derechos Reservados © Instituto Tecnológico y de Estudios Superiores de Monterrey. Se prohíbe la reproducción total o parcial de este documento por cualquier medio sin previo y expreso consentimiento por escrito del Instituto Tecnológico y de Estudios Superiores de Monterrey a cualquier persona y actividad que sean ajenas al mismo. © Reservados todos los derechos. © Universidad del Norte. Queda prohibida la reproducción total o parcial de esta obra, por cualquier medio reprográfico, fónico o informático así como su transmisión por cualquier medio mecánico o electrónico, fotocopias, microfilm, offset, mimeográfico u otros sin autorización previa y escrita de los titulares del copyright.
    [Show full text]
  • Centros Comerciales De La Ciudad De México: El Ascenso De Los Negocios Inmobiliarios Orientados Al Consumo1
    vol 43 | no 130 | septiembre 2017 | pp. 73-96 | artículos | ©EURE 73 Centros comerciales de la Ciudad de México: el ascenso de los negocios inmobiliarios orientados al consumo1 José Gasca-Zamora. Universidad Nacional Autónoma de México, Ciudad de México, México. resumen | El centro comercial es uno de los principales hitos en las grandes ciudades contemporáneas. Su rápido crecimiento y difusión en los últimos lustros replantean nuevas formas en la edificación y organización espacial de los lugares orientados a la distribución y el consumo de bienes y servicios. La Ciudad de México ha registrado desde los años noventa un auge sin precedentes en la captación de inversiones inmo- biliarias, entre ellas las materializadas en megaproyectos comerciales. En este trabajo se aborda el proceso de expansión de los centros comerciales desde tres vertientes: primero, como parte del despliegue de los circuitos de capital colocados en grandes proyectos inmobiliarios de la ciudad; segundo, como resultado de la expansión de nuevas escalas y formas de consumo, promovidas por corporativos locales y globales de distribución minorista; finalmente, como dispositivos que articulan nuevas formas de producción y reestructuración del espacio urbano, especialmente a partir de las subcentralidades que promueven. palabras clave | mercado inmobiliario, consumo, economía urbana. abstract | The shopping mall is one of the major landmarks in contemporary cities. Its rapid expansion and diffusion suggests the reconsideration of new forms of building and spatial organization of places oriented to the distribution and consumption of goods and services. Mexico City has registered since the nineties an unprecedented boom in attracting investment in various segments of real estate, one of which is the retail megaprojects.
    [Show full text]
  • American Girl® Expands Into Mexico
    October 30, 2014 American Girl® Expands into Mexico — Company to Open Three American Girl Shop-in-Shop Boutiques in 2015 with El Palacio de Hierro, Mexico's largest high-end retailer— MIDDLETON, Wis.--(BUSINESS WIRE)-- American Girl, a division of Mattel, Inc. (NASDAQ:MAT), today announced its expansion into Mexico in partnership with El Palacio de Hierro, Mexico's largest and best-established high-end retailer. The first two American Girl shop-in-shop boutiques will open in summer 2015 at El Palacio de Hierro's Perisur and Interlomas locations in Mexico City, followed by a third boutique at the Polanco location in fall 2015. "For nearly 30 years, American Girl has been celebrating and encouraging girls to be their best with high-quality dolls and engaging books and entertainment. Today, we're thrilled to bring the American Girl experience into Mexico—our second international location—and inspire a whole new group of girls to stand tall, reach high, and dream big," said Jean McKenzie, executive vice president of American Girl. "We're equally enthusiastic about partnering with such a well-respected retailer as El Palacio de Hierro. Its rich heritage and positive reputation for creating premium experiences offers an ideal way to introduce American Girl to girls and their families in Mexico." "We are excited to become American Girl's exclusive partner for the Mexican market, launching for spring 2015. We have an aggressive growth strategy for the next years, launching not only shop-in-shop boutiques but a whole experience for the Mexican girls. I truly believe that the American Girl concept and its exceptional value will resonate with the Mexican consumer," said Ernesto Izquierdo, commercial director from El Palacio de Hierro.
    [Show full text]
  • Fibrahotel Announces Results for the 4Q 2020
    FibraHotel (“FibraHotel”), the first real estate investment trust specialized in hotels in Mexico, announces its financial results corresponding to the fourth quarter of 2020. Mexico City, February 17th, 2021 --- FibraHotel (BMV: FIHO 12), the first real estate investment trust specialized in hotels in Mexico announces its financial results corresponding to the fourth quarter of 2020. Except where noted, all figures included herein were prepared in accordance with IFRS and are stated in nominal Mexican pesos. 2020 Fourth Quarter Highlights • FibraHotel ended the fourth quarter of 2020 with 86 hotels and 12,5581 rooms, of which 81 hotels and 11,9391 rooms are in operation. • For the Total FibraHotel Portfolio of 801 properties (excluding the five hotels that are currently closed and the Fiesta Americana Condesa Cancun hotel), average daily rate (“ADR”) was Ps. $1,076, occupancy was 36.0% (versus 63.0% of the fourth quarter of 2019) and revenue per available room (“RevPAR”) was Ps. $388 representing a (50.9%) decrease against the fourth quarter of 2019 of Ps. $789 (in the fourth quarter of 2019 FibraHotel´s Total Portfolio consisted of 85 hotels2). • The Fiesta Americana Condesa Cancun hotel had a Net Package ADR3 of Ps. $4,074, occupancy was 50.3%, and Net Package RevPAR was Ps. $2,048. FibraHotel received lease revenue from the property of Ps. $25.9 million during the quarter. • Total revenues for the quarter were Ps. $545 million. • Lodging contribution4 for the quarter was Ps. $134 million. • Funds from operations (“AMEFIBRA FFO”)5 for the quarter was (Ps. $38.2 million). • Adjusted funds from operations (“AFFO”)6 for the quarter were (Ps.
    [Show full text]
  • Programas Especiales
    Lista de Centros Comerciales reportados para su cobertura a traves de Brigadas Itinerantes durante el Buen Fin 2016 Centros Comerciales programados para su cobertura durante el Buen Fin Nombre del Centro # UA # C.C. Municipio Dirección Referencias Comercial 1 DEL. AGS. BLVD. JOSÉ MA. CHÁVEZ S/N, MESONEROS, 20280 AV. MAHATMA GANDHI Y 1 VILLASUNCION AGUASCALIENTES AGUASCALIENTES, AGS. ABRAHAM GONZALEZ BOULEVARD A ZACATECAS NORTE 849, TROJES DE ALONSO, BLVD. A ZACATECAS Y 2 ALTARIA AGUASCALIENTES 20116 AGUASCALIENTES, AGS. ARTICULO 1° AVENIDA UNIVERSIDAD 935, BOSQUES DEL PRADO, 20127 AV. AGUASCALIENTES NTE Y 3 PLAZA UNIVERSIDAD AGUASCALIENTES AGUASCALIENTES, AGS SIERRA DE LAS PALOMAS AV TECNOLÓGICO 120, AV. TECNOLOGICO Y 4 ESPACIO AGUASCALIENTES COLONIA: OJOCALIENTE, 20198 CARRETERA SAN LUIS POTOSI 5 DE MAYO ZONA CENTRO 5 PLAZA PATRIA AGUASCALIENTES 20000 AGUASCALIENTES, AGS. RAYON Y NIETO AV MAHATMA GANDHI, DESARROLLO ESPECIAL VILLA ASUNCIÓN, 20230 VALENTE QUINTANA Y ANGEL 6 PLAZA CHEDRAUI AGUASCALIENTES AGUASCALIENTES, AGS. GOMEZ AV. INDEPENDENCIA 2351, TROJES DE ALONSO, 20116 BLVD. LUIS DONALDO COLOSIO 7 GALERIAS AGUASCALIENTES AGUASCALIENTES, AGS. MURRIETA Y JORGE REYNOSO 2 DEL - B.C. No. C.C. Nombre del Centro Municipio Dirección Referencias Comercial Lista de Centros Comerciales reportados para su cobertura a traves de Brigadas Itinerantes durante el Buen Fin 2016 Centros Comerciales programados para su cobertura durante el Buen Fin 2 DEL - B.C. Nombre del Centro # UA # C.C. Municipio Dirección Referencias Comercial CORREDOR TIJUANA-ROSARITO #26135, EJIDO FRANCISCO 1 PLAZA PASEO 2000 TIJUANA VILLA, CP 22235 TAMULTE Y BLVD CASA BLANCA CARRETERA LIBRE TIJUANA- PLAZA PABELLON ENSENADA #300, COL. PLAN SAN LUIS Y CARR. 2 ROSARITO PLAYAS DE ROSARITO REFORMA, CP 22710 ESCENICA AV NUEVO LEÓN S/N, COL.
    [Show full text]