Hoteles City Express Announces the Opening of 5 Hotels Reaching 135 Hoteles in Operation

News provided by

Hoteles City Express, S.A.B. de C.V.

Dec 15, 2017, 07:54 ET

MEXICO CITY, Dec. 15, 2017 /PRNewswire/ -- Hoteles City Express S.A.B. de C.V. ("Hoteles City Express" or "The Company") (BMV: HCITY) announces the opening of 5 hotels – 2 of them today and 3 more within the next two weeks - of its 2017 Development Pipeline, reaching 135 hotels in operation and more than 15,200 rooms installed before year end.

The two hotels that the Company opened today are: City Express Junior León Centro de Convenciones and City Express Tijuana Otay, meanwhile the hotels City Centro Oaxaca, City Express Monterrey Lindavista and City Express Plus León Centro de Convenciones will be receiving their first guests on December 22 and 28 of the present year.

With these openings, The Company adds 13 units of the 18 programmed to start operations in 2017 and first quarter of 2018 according to the Pipeline announced in February of 2017. As such, the Company expects to conclude its Development Pipeline 2017 with the opening of 5 more hotels in the first weeks of 2018.

Hotel
Number

Development
Pipeline

Hotel

Brand

Investment
Scheme

Opening

Rooms

Location

Development Stage

124

1

Celaya Galerías

City express

Managed

1Q17

127

Guanajuato

Open

125

2

SLP Zona Industrial

City express junior

Managed

2Q17

122

San Luis Potosí

Open

126

3

Altamira

City express

Co-Owned

3Q17

127

Tamaulipas

Open

127

4

Puebla Angelópolis

City express junior

Co-Owned

2Q17

122

Puebla

Open

5

Mérida (Expansion)

City express

Co-Owned

3Q17

42

Yucatán

Open

128

6

Puerto Vallarta

City express Plus

Owned

3Q17

126

Jalisco

Open

129

7

Tuxtepec

City express junior

Managed

3Q17

110

Oaxaca

Open

130

8

Medellín

City express Plus

Owned

3Q17

141

Colombia

Open

131

9

Tijuana Otay

City express

Co-Owned

4Q17

120

Baja California

Open

132

10

León Centro de Convenciones

City express junior

Co-Owned

4Q17

137

Guanajuato

Open

133

11

Oaxaca

City Centro

Co-Owned

4Q17

103

Oaxaca

Pre-opening process

134

12

León Centro de Convenciones

City express Plus

Co-Owned

4Q17

132

Guanajuato

Pre-opening process

135

13

Monterrey Lindavista

City express

Managed

4Q17

130

Nuevo León

Pre-opening process

Hotels With Opening Planned on First Weeks of 2018





136

14

CDMX Sullivan

City express junior

Owned

1Q18

96

Ciudad de México

Under Construction

137

15

Tepic

City express

Managed

1Q18

125

Nayarit

Under Construction

138

16

Atlixco

City express

Managed

1Q18

108

Puebla

Under Construction

139

17

Comitán

City express

Managed

1Q18

105

Chiapas

Under Construction

140

18

Delicias

City express

Managed

1Q18

115

Chihuahua

Under Construction


Total


2,088

About Hoteles City Express:

Hoteles City Express 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 Express specializes in offering high-quality, comfortable and safe lodging at affordable prices via a limited-service hotel chain geared mainly towards domestic business travelers. With 135 hotels in operation located throughout Mexico, Costa Rica, Colombia and Chile, Hoteles City Express operates five distinct brands: City Express, City Express Plus, City Express Suites, City Express Junior and City Centro to serve different segments of its target market. In June 2013, Hoteles City Express completed its IPO and began trading on the Mexican Stock Exchange under the ticker symbol "HCITY"; furthermore, on October 8, 2014, Hoteles City Express completed a follow on with the aim of accelerating its growth in new hotels in coming years.

For further information, please visit our website: https://cityexpress.com/en/investors/

SOURCE Hoteles City Express, S.A.B. de C.V.