Hoteles City Confirms Appointment of UBS as Market Maker
MEXICO CITY, Sept. 22, 2014 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City" or "the Company") (BMV: HCITY), announced today the renewal of the market maker contract with UBS Casa de Bolsa, S.A. de C.V., UBS Grupo Financiero ("UBS") for an additional period of 12 months. This initiative confirms Hoteles City's commitment to enhance the company's share liquidity and trading.
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 88 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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