The hotel holding company of the Matutes makes 30% less but improves its margins

Fiesta Hotels & Resorts, the hotel holding company owned by the Matutes family, reported a 30% decrease in net income for 2025 but improved its operating margins and boosted cash reserves. The company closed the previous year with a net profit of 125.6 million euros, a significant drop from the record-breaking 177 million euros in 2024.

This decline was not due to a loss in profitability, but rather because extraordinary financial gains and revenues were not repeated in 2025. In terms of revenue, the group's business in 2024 reached 264.7 million euros, a 3% decrease from the previous year, but the reduction in personnel and external service expenses allowed for an increase in the operating margin.

By the end of 2025, Fiesta Hotels & Resorts generated an operating profit of 42.27 million euros, up 3.6% from 2024's 40.79 million euros. The company's equity represents 61% of its total assets, and its debt level to credit institutions stood at 261 million euros at the end of 2025, a 7% increase from the 245 million euros in the previous year.

Apart from hotel and tourism businesses, the group also operates in the food and beverage, restoration, catering, events, and real estate rental sectors. Through its subsidiaries and participations, the Matutes holding extends its activities into aquaculture, fisheries, beverage distribution, shipbuilding, and industrial services.

As the group's parent company, Fiesta Hotels & Resorts received a total of 89.77 million euros in dividends from its subsidiaries and affiliates in 2025, compared to 94.41 million euros in 2024. The top dividend recipients in 2025 were Hoteles Promintur (34.67 million euros), Palladium Gestión (25.50 million euros), Only You Hotels (11.78 million euros), and Hotel Oasis Paraíso (3.50 million euros).

Palladium received 800,000 euros from the sale of its Unexpected brand to a hotel management company in the 2025 fiscal year. At the annual shareholder meeting held on June 30, 2025, Fiesta Hotels & Resorts shareholders decided to allocate the entire 2025 net profit to voluntary reserves and did not approve the direct distribution of ordinary dividends based on the year's specific result.

In recent years, the company has distributed 34 million euros in 2025, with 20 million euros allocated to reserves and the remaining 14 million euros as a dividend.