Hoteles City Express Announces the Expiration of the City Express Buenavista Hotel Administration and Franchise Agreement

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Mexico City, January 20th, 2021 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express”) (BMV: HCITY), announces the expiration of the City Express Buenavista (CEBNV) hotel administration and franchise agreement.

As of today, the hotel will no longer be part of the chain’s inventory and will become an independent hotel. With this, our portfolio consists of 153 hotels and 17,411 rooms.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Héctor Vázquez
Corporate Finance and IR
Tel: +52-55-5249-8067
E-mail: hvazquez@hotelescity.com 

Ana María Ybarra
Miranda IR
Tel: +52-55-3660-4037
E-mail: ana.ybarra@miranda-ir.com 

 
About the Company
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 153 hotels located in 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 the next few years.
For further information, please visit our website:
https://cityexpress.com/en/investors/

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