Who it serves
Travellers and organisations needing accommodation and services associated with a stay.
How the business works
The activity sells room nights. Occupancy and room rates combine with staffing, maintenance and property operating costs.
What drives this activity
Occupancy, average room rate, seasonality, tourism and operating costs.
The business in practice
Selected products, companies and assets from corporate publications.
- Hotel assets
Intercontinental, Libertador and Llao Llao Resort appear as hotel assets. This describes properties, not ownership of the brands.
IRSA · asset catalogueConsulted
Its place in IRSA
IRSA combines operating properties with development projects. Shopping centres, offices and hotels have different usage models: leases and occupancy, retailer activity or accommodation. Asset sales and developments follow another cycle.
Economics of the whole company
Business economics · explained by La Plata
Customers, operations & revenue
IRSA combines rental properties with development and hotels. Shopping-centre tenants rent space and attract visitors; office clients need workspace; hotel guests buy stays. Developing or selling a property follows a different schedule. These revenues differ in recurrence and operating requirements.
What shapes business performance
Occupancy, effective rents, tenant sales and shared costs explain rental property; occupancy and room rates explain hotels. Property sales and valuation changes can lift earnings without increasing recurring rents. Debt, maintenance and development should be compared with cash actually collected.