MEXICO CITY, Jan. 26, 2017 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY) announces its inclusion in the IPC Sustentable and IPC Sustentable IRT indexes beginning February 1st, 2017.
The inclusion in these indexes comes as a result of Hoteles City Express's Sustainability strategy, for which the Company has been recognized with local and international awards and certifications since its inception.
The Company's inclusion in the IPC Sustentable and the IPC Sustentable RT will continue to contribute to the stock's liquidity and adds up to the list of indexes of the Mexican Stock Exchange ("BMV") where it is listed: three simple-return indexes (IPC SmallCap, IPC CompMx and IPC Sustentable), three total-return indexes (IRT SmallCap, IRT CompMx and IPC Sustentable RT), two economic activity indexes (BMV-SRVCM RT and BMV-SRVCM) and one sectorial index (SRVSBNCONSNOBCO).
Additionally, as of December 2016, Hoteles City Express placed 51st out of 192 companies in the Mexican Marketability Index (Índice de Bursatilidad) with an average daily trading amount of $23.3 million, placing the Company two steps away from a High Marketability rating (Emisoras de Alta Bursatilidad) in the BMV.
For further information about the Company's Sustainability strategy, please download our Sustainability Report available at https://www.cityexpress.com/sostenibilidad.
About Hoteles City Express:
Hoteles City Express is 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 124 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.
HCITY is covered by the following financial institutions and analysts: Actinver (Pablo Duarte), Bank of America Merrill Lynch (Carlos Peyrelongue), Citigroup (Alejandro Lavín), ITAU BBA (Enrico Trotta), J.P. Morgan (Adrián Huerta), Morgan Stanley (NIkolaj Lippmann), Santander (Cecilia Jiménez), Signum Research (Armando Rodriguez), UBS (Marimar Torreblanca).
For further information, please visit our website: https://cityexpress.com/en/investors/
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SOURCE Hoteles City Express, S.A.B. de C.V.