MEXICO CITY, April 7, 2014 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City") (BMV: HCITY) today announced that World Economic Forum recognized Hoteles City as one of 16 selected Global Growth Companies from Latin America.
The award, which was presented on April 1, 2014, at the ninth annual World Economic Forum on Latin America, identifies Hoteles City as a medium-sized enterprise on a global scale that stands out due to its innovative business model, dynamic growth performance, corporate global citizenship and visionary leadership. As a result of this recognition, Hoteles City has been invited to join a community of Global Growth Companies composed of over 360 businesses worldwide.
Since inception, Hoteles City has been focused on providing innovation to the hotel industry in Mexico, while offering high quality services to the business traveler.
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 85 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
INVESTOR RELATIONS CONTACT:
Investor Relations Director
Tel: + (5255) 5249-8050 ext. 1810
SOURCE Hoteles City Express, S.A.B. de C.V.