Hoteles City Announces the Opening of City Suites Puebla, Reaching 89 Hotels in Operation
MEXICO CITY, Sept. 26, 2014 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City" or "the Company") (BMV: HCITY), announces that the City Suites Puebla Autopista, the 89th property in the Company's growing hotel chain, has opened. This hotel is the chain's sixth property in the state of Puebla and will focus primarily on offering high quality extended stay lodging services to business travelers in the automotive industry. It is expected that both leisure and business travelers will benefit from City Suites' comfortable and convenient accommodation.
City Suites Puebla Autopista has a total of 72 rooms and was developed as a co-investment. With this new opening, Hoteles City reaffirms its leadership position in the limited service segment nationwide and expands its coverage in one of the most dynamic cities in Mexico.
About Hoteles City:
Hoteles City is considered the leading and fastest-growing limited-service hotel chain in Mexico, in terms of number of hotels, number of rooms, geographic presence, market share and revenues. Founded in 2002, Hoteles City specializes in offering high-quality, comfortable and safe lodging at affordable prices via a limited-service hotel chain geared towards the domestic business traveler. With 89 hotels in operation located throughout Mexico, Costa Rica and Colombia, Hoteles City operates three distinct brands: City express, City Suites and City junior to serve different segments of its target market. In June 2013, Hoteles City successfully completed its IPO and began trading on the Mexican Stock Exchange under the ticker symbol "HCITY".
For more information please visit our Investor Relations website: www.hotelescity.com/en/investors
SOURCE Hoteles City Express, S.A.B. de C.V.
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