v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Right-of-use Assets Related to Leased Properties and Recognized in Profit or Loss
Right-of-use assets related to leased properties that do not meet the definition of investment property.

2025
 
Hotel Equipment
   
Offices
   
Vehicles
   
Total
 
                         
Balance as of January 1,
 
$
187,460,165
   
$
12,097,928
   
$
607,615
   
$
200,165,708
 
Depreciation charge for the year
   
(46,947,511
)
   
(3,155,971
)
   
(542,512
)
   
(50,645,994
)
                                 
Balance as of December 31,
 
$
140,512,654
   
$
8,941,957
   
$
65,103
   
$
149,519,714
 

2024
 
Hotel Equipment
   
Offices
   
Vehicles
   
Total
 
                         
Balance as of January 1,
 
$
199,957,781
   
$
15,253,909
   
$
1,825,401
   
$
217,037,091
 
Additions
   
31,364,829
     
-
     
-
     
31,364,829
 
Depreciation charge for the year
   
(43,862,445
)
   
(3,155,981
)
   
(1,217,786
)
   
(48,236,212
)
                                 
Balance as of December 31,
 
$
187,460,165
   
$
12,097,928
   
$
607,615
   
$
200,165,708
 

2023
 
Hotel Equipment(1)
   
Offices
   
Vehicles
   
Total
 
                         
Balance as of January 1,
 
$
-
   
$
-
   
$
591,039
   
$
591,039
 
Additions
   
203,886,899
     
17,094,898
     
2,247,946
     
223,229,743
 
Depreciation charge for the year
   
(3,929,118
)
   
(1,840,989
)
   
(1,013,584
)
   
(6,783,691
)
                                 
Balance as of December 31,
 
$
199,957,781
   
$
15,253,909
   
$
1,825,401
   
$
217,037,091
 

(1)
On November 8, 2023, Operadora Hotelera GI, S. A. de C. V. entered into a leasing agreement with Arrendadora Coppel, S.A.P.I. de C.V. for hotel equipment for a period of 5 years, rent payments are fixed throughout the contract.

Amounts recognized in profit or loss

   
For the Years Ended December 31,
 
   
2025
   
2024
    2023  
Amounts recognized in profit and loss
                 
Interest on lease liabilities
 
$
20,287,396
   
$
21,298,127
    $ 3,282,685  
Expenses related to short-term leases
    2,475,611
     
-
      1,506,962  
                         
   
$
22,763,007
   
$
21,298,127
    $ 4,789,647  
                         
Amounts recognized in the consolidated and combined statement of cash flow
                       
                         
Total cash outflow
 
$
64,834,146
   
$
53,910,165
    $ 19,175,084  


Guarantee deposits


As part of the hotel equipment leasing, the Company provided a guarantee deposit of $4,870,138, from December 31, 2023.