Hoteles City Express Announces the Termination of the Administration and Franchise Agreement for Hotel City Express Zamora

Mexico City, September 30th, 2021 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express”) (BMV: HCITY) announces the termination of the administration and franchise agreement for the City Express Zamora (CEZMM) hotel. 
 
Effective today, the hotel will cease to be part of the chain’s inventory and will become an independent hotel. This brings Hoteles City Express’s current inventory to 153 hotels and 17,449 rooms.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

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

Marimar Torreblanca
Miranda IR
Phone: +52 55-5282-2992
E-mail: marimar.torreblanca@miranda-newswire.com 

 
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 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 over the next few years.
For further information, please visit our website: https://www.cityexpress.com/en/investors/

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