Hoteles City Express Announces the Opening of City Express by Marriott Cancún Aeropuerto

Mexico City, December 6th, 2023 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or the “Company”) (BMV: HCITY) announces the opening of the City Express by Marriott Cancún Aeropuerto hotel with 137 rooms, operating under a co-investment scheme.

The City Express by Marriott Cancún Aeropuerto hotel is located on Boulevard Luis Donaldo Colosio SM 301, in Cancún, Quintana Roo, just 5.9 km from Cancún International Airport. Its strategic location provides easy access to the important Mayan ruins of Tulum, Coba, Uxmal, and Chichén Itzá, which can be visited through a wide variety of tours catering to all budgets in the area. Likewise, it is close to renowned beaches such as Playa Tortugas and Punta Cancún.

The fifth Hoteles City hotel in the city of Cancún and the eighth in the state of Quintana Roo, the City Express by Marriott Cancún Aeropuerto hotel has been designed to meet the needs of both business and leisure travelers.    

As of today, the inventory of Hoteles City is 152 hotels and 17,503 rooms.

 
Miranda Newswire – Full Press Release: Download PDF
 

Investor Relations Contact Details

Héctor Vázquez
Corporate Finance, Treasury and IR
Phone: +52 (55) 5249 8067
E-mail: hvazquez@hotelescity.com 

Ana Lucía Sors
Miranda IR
Phone: +52 (833) 293 4232
 
About Hoteles City Express
Hoteles City Express considers itself to be the leading owner, operator, and developer of limited-service hotels 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 approximately 150 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 September 8, 2014, Hoteles City Express completed a follow on with the aim of accelerating its growth in new hotels over the next few years. In 2021, the process of increasing equity capital was carried out through the issuance of ordinary shares for an approximate amount of $290.0 million pesos. Additionally, in 2023, Hoteles City announced the start of a Strategic Relationship with Marriott International, involving the sale of its 5 brands for $100.0 million dollars. 
For further information, please visit our website: https://www.hstay.com/en/investor

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