Report title: Grupo Posadas, S.A. de C.V. Q3 2009 Earnings Conference Call Transcript
from Thomson StreetEvents
5 page (2219 word) report published Nov 03, 2009

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Abstract: Final Transcript of GRPALP earnings conference call or presentation, 3-Nov-09 12:00pm ET

Brief Excerpt: ...Operator (Operator Instructions). I would now like to turn the call over to Ruben Camiro, Chief Financial Officer of Grupo Posadas. Sir, you may begin. Ruben Camiro - Grupo Posadas, S.A. de C.V. - Chief Financial Officer Thank you, good morning. Thank you, Melissa. It's a pleasure having you with us for this third quarter results. As you could have already seen, and hopefully you all have a presentation that we mailed earlier today to you to follow. If not, I will try to make all the points that are in the presentation that basically highlights some of the figures that we presented in our press release. The third quarter continued being a hard quarter for us. We're recovering from the influenza outbreak, as you might recall, during second quarter. There were still some influenza-generated effect for this quarter, basically group cancellations that affected us and continued to and would continue to affect us through year end. We're responsible for some of our performance. And as well, we...

Report Type: Transcript
Source: Thomson StreetEvents
Company: Grupo Posadas, S.A. de C.V.
Ticker: GRPALP
Time: 12:00pm ET
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