Grupo Hotelero Santa Fe’s New Acquisition
Grupo Hotelero Santa Fe, a leading hotel operator in Mexico, announced the purchase of a beachfront hotel in Ixtapa-Zihuatanejo with a capacity for 70 rooms.
The company stated that the closing of this operation is subject to meeting certain conditions and obtaining the necessary corporate and governmental authorizations.
The financial terms of this acquisition were not disclosed.
Walt Disney Appoints New CEO
Walt Disney announced on Tuesday the appointment of Josh D’Amaro as the new CEO, succeeding Robert Iger. Iger will return to lead the media and entertainment giant in 2022.
D’Amaro, currently the president of Disney’s experiences division, will assume the CEO role on March 18, according to a company statement.
D’Amaro, 54, joined Disney in 1998. Iger, who previously served as Disney’s CEO for 15 years, replaced Bob Chapek in 2022 with the intention of staying in the position for two years. By mid-2023, Disney’s board extended Iger’s contract until the end of the current year.
BIVA Launches Liquidity Provider Program
La Bolsa Institucional de Valores (BIVA) announced the launch of its Liquidity Provider Program, becoming the first stock exchange in Mexico to implement a formal scheme of this kind.
The program aims to strengthen the liquidity, efficiency, and depth of the Mexican stock market.
BIVA’s first Liquidity Provider is LarrainVial, a Chilean financial institution with international presence and a strong track record in capital markets across Latin America and other regions.
LarrainVial’s participation reflects global actors’ interest and confidence in the Mexican market, as well as BIVA’s technological and operational infrastructure designed to cater to sophisticated investors.
A Liquidity Provider is a brokerage or financial institution that, through an agreement with BIVA, provides liquidity for various issuers by continuously maintaining buy and sell positions under previously defined conditions, facilitating investors’ operations.
Liverpool Anticipates Revenue Growth
El Puerto de Liverpool, Mexico’s largest department store chain, expects a 4.8% to 5.2% increase in its consolidated revenues for the fourth quarter of 2025 compared to the same period in the previous year.
The company anticipates a 6.5% to 6.9% rise in its accumulated revenues for 2025 compared to the previous year, based on preliminary figures.
Liverpool expects a decrease in profitability levels for the year due to increased logistics costs resulting from a location change to the Arco Norte, higher operational expenses, and a more conservative approach to uncollectible provisions.
Liverpool’s past-due receivables are estimated to be between 3.6% and 3.8% at the end of last year, above the 3.2% in 2024.
The retailer will announce its fourth-quarter results on February 23.
Key Questions and Answers
- What is the main news? Grupo Santa Fe acquired a beachfront hotel, Walt Disney appointed Josh D’Amaro as CEO, BIVA launched a Liquidity Provider Program, and Liverpool anticipates revenue growth.
- Who is Josh D’Amaro? Josh D’Amaro is a 54-year-old executive who joined Disney in 1998 and is now appointed as the new CEO, succeeding Robert Iger.
- What is the BIVA Liquidity Provider Program? The program aims to strengthen the liquidity, efficiency, and depth of the Mexican stock market by enabling brokerages or financial institutions to provide liquidity for various issuers.
- Why is Liverpool’s revenue growth significant? Liverpool’s anticipated revenue growth reflects the company’s confidence in its financial performance and its ability to navigate challenges such as increased logistics costs and operational expenses.
