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Soon after entering the business he sold his auto-assembly factories to Chrysler Corporation and invested the funds in 1969 in a partnership with Americana Hotels, a subsidiary of American Airlines.
1982: The company merges with the operator of Holiday Inn hotels in Mexico.
In 1989 the Azcarraga family bought Pratt's half of the company.
All Fiesta Inns were of new (post-1992) construction.
In 1996 Grupo Posadas and Morgan Stanley & Co. announced plans to invest about $200 million over the next 18 months to buy a number of Mexican hotels.
Another 1999 innovation was the establishment of Club Vacacional (Vacation Club), a time-sharing scheme being developed at Cancun and Los Cabos beach properties in alliance with Hilton Grand Vacation Club and Resort Condominiums International.
A second, 80-room Explorean opened at Costa Maya in 2000.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Citizen Potawatomi Nation | - | - | 420 | 37 |
| Riverside RV Resort | - | $4.2M | 50 | - |
| Medora, ND | 1883 | $50.0M | 30 | 5 |
| Semtribe | - | $13.8M | 1,267 | 5 |
| Wood Stone Corporation | - | - | 176 | - |
| Celebrity Resorts | - | $500,000 | 50 | - |
| Byron | 2007 | $370,000 | 5 | 9 |
| The Shubert Organization | 1900 | $520.0M | 1,600 | 3 |
| VIRginia International Raceway | 1957 | $15.0M | 350 | - |
| Milwaukee Kickers Soccer Club | 1968 | $2.7M | 75 | - |
Zippia gives an in-depth look into the details of Grupo Posadas, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Grupo Posadas. The employee data is based on information from people who have self-reported their past or current employments at Grupo Posadas. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Grupo Posadas. The data presented on this page does not represent the view of Grupo Posadas and its employees or that of Zippia.
Grupo Posadas may also be known as or be related to Grupo Posadas, Grupo Posadas, SAB de CV, Hispi Ltd, Posadas, Posadas Usa Inc and Posadas Usa Inc.