MEXICO CITY, Jan. 18, 2017 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY) announces the opening of City Express Celaya Galerías. With this opening, the Company reaches 124 hotels in operation and more than 13,800 rooms in 63 cities and 29 states in Mexico, as well as in Colombia, Costa Rica, and Chile.
The City Express Celaya Galerías hotel – with 127 available rooms – is the second property in Celaya and will operate under a management contract. This hotel, the eighth one in the state of Guanajuato, will be lodging business travelers related to the manufacturing industry, commerce and services, as well as to agriculture and livestock.
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 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 (Rafael Pinho), 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.