Hoteles Estelar exceeds one million guests with 63.83% occupancy in 2025

The Hoteles Estelar chain hosted 1.14 million guests in 2025, surpassing the national average occupancy of 56.74% reported by Cotelco. It posted a net profit of $143.925 million and an EBITDA of $165.320 million.

Hoteles Estelar ended 2025 with 1.14 million guests and an average occupancy of 63.83%, above the national average of 56.74% reported by Cotelco. The company recorded a net profit of $143.925 million and an EBITDA of $165.320 million, driven by increased demand and diversification across urban and vacation destinations.

Miguel Diez, president of Hoteles Estelar, credited the performance to operations preserving regional cultural customs aligned with their service culture. "This performance is explained by operations seeking to preserve the cultural customs of each region, which in turn connect with our service culture, offering unforgettable experiences, a diversified offering, and a strategy integrating sustainability, efficiency, and local development in every destination we operate," Diez stated.

The chain advanced in quality with 22 hotels recertified as discrimination-free spaces under the Friendly Biz seal and 10 awarded Tripadvisor's Travellers’ Choice 2025, placing them in the global top 10%. On sustainability, it recycled nearly 2,000 kg of plastic, installed 438 solar panels in Cali, and reforested over 2,000 trees, alongside partnerships for emissions reduction and labor inclusion.

Looking to 2026, Hoteles Estelar plans a hotel in Pereira and portfolio strengthening in Colombia and Peru, where it operates 24 hotels across 12 destinations. It also acquired property in Ambalema, Tolima, for community tourism with Fundación Corficolombiana.

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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

Tourist accommodation occupancy in Colombia reached 49.7% in January 2026, per the Dane's Monthly Accommodation Survey. Seven of 12 regions recorded declines in occupancy, along with drops in revenues and employment.

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Inbound tourism in Colombia reached $54.7 billion in revenue in 2025, an 8.4% increase from the previous year, according to preliminary data from Dane released by Anato.

Ecopetrol will report on its operations, revenues, and EBITDA for the first quarter of 2026 on May 12 and 13. Interim president Juan Carlos Hurtado will present the figures instead of Ricardo Roa, who requested vacation and unpaid leave. The company projects declines in revenues and net profit compared to last year.

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