Delisting riskPopularity #4,754
MRNO · NASDAQ · Real Estate - Development

Murano Global Investments (MRNO)

Operates and develops branded Mexican hotels with Hyatt and Accor.

$0.3151
vs last close+0.00 (+0.83%)
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Murano Global Investments PLC Ordinary SharesMRNO
Real Estate

Operates and develops branded hotel real estate in Mexico City and Cancún, earning primarily from stays, food and beverage, all-inclusive packages and guest services. The founder-controlled portfolio relies on Hyatt and Accor for day-to-day management, distribution and brand platforms.

Owns and develops Mexican hospitality real estate, with three operating branded hotels: Andaz Mexico City Condesa, Mondrian Mexico City Condesa and Hyatt Vivid Grand Island Cancún. Revenue comes mainly from rooms, food and beverage, all-inclusive packages and related guest services.

Relies on Hyatt and Accor for day-to-day management, brand standards, reservation and loyalty systems, marketing and distribution, while supplying the real estate, capital and owner obligations. A proposed transition of the Cancún property to a Mondrian hotel and branded residences remains conditional on debt restructuring. All reported real-estate assets are in Mexico, with corporate offices in London and Mexico City. The issuer is founder-controlled.

Company facts

CEOElías Sacal Cababie
ListedMar 21, 2024
ExchangeNASDAQ
HeadquartersLondon, United Kingdom
CountryJersey
Employees1,016
CIK0001988776
ISINJE00BQ7X4L23

Market cap$24.9M
EPS (ttm)
P/E (ttm)
ROE
P/B0.1862
P/S
Dividend yieldDiv yield
Beta1.14vs XLRE −0.83

No analyst consensus on record.

EPSReportedEstimate

FY22FY23FY24FY25
Reported$89.22−$3.67−$45.46−$3.56
Estimate
Surprise

RevenueReportedEstimate

FY22FY23FY24FY25
Reported$108.7M$310.4M$730.0M$1.14B
Estimate
Surprise
Estimate
Reported−$3.56
Estimate
Reported$1.14B
View details

Debt to equity472.50%
Current ratio26.00%

ProfitabilityRevenueNet incomeNet margin

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Revenue$6.2M$9.3M$9.6M$17.1M$18.5M$15.6M$11.9M$19.8M
Net income−$8.5M−$54.4M−$49.1M−$94.2M−$18.3M$20.0M−$12.5M−$5.5M
Net margin0.0%0.0%0.0%0.0%0.0%128.1%0.0%0.0%

GrowthOperating income

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Operating income−$9.3M−$9.8M−$10.1M−$59.8M−$3.7M−$2.9M−$12.0M−$2.4M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss narrowed

Balance sheet, Dec 31, 2025Cash & short-term investments $15.8M · Total debt $630.1M · Total assets $1.01B · Shareholders' equity $133.3M

Revenue
$19.8M
Operating income
−$2.4M
Net income
−$5.5M

Reported in MXN, converted at the latest exchange rate

View details

No dividends on record.

Insiders86.75%69.15M shares
1 holder · as of May 11, 2026
Other13.25%10.57M shares
remainder

79.72M company shares as of Sep 10, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Cababie Elias SacalInsiderdirector, 10 percent owner, officer: Director and CEO
86.75%69.15Mfiled May 11, 2026
HCM Investor Holdings, LLCStrategic
11.00% of class, as filedfiled Mar 29, 2024

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Marriott International

    Luxury city hotels and Cancún resorts compete for premium guests.

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Compare

CompanyPriceChange
Murano Global Investments$0.3151+0.83%$24.9M
Marriott International$345.55+0.84%$89.35B35.828.23.3+4.9%
Airbnb$162.94−2.34%$99.02B38.128.47.5+16.5%
Median36.928.35.4+10.7%