Q2 2026 saw a 2% year-over-year revenue decline and a net loss of $43 million, with EBITDA down 21%. Despite a challenging tourism environment and lower demand in non-World Cup cities, the company maintained strong liquidity, advanced its hotel pipeline, and met all financial covenants.Original doc…
Q2 2026 saw a 2% year-over-year revenue decline and a net loss of $43 million, with EBITDA down 21%. Despite a challenging tourism environment and lower demand in non-World Cup cities, the company maintained strong liquidity, advanced its hotel pipeline, and met all financial covenants.
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