Promotora de Hoteles Norte 19 Reports the Initiation of an Investigation by the Superintendency in Colombia

Mexico City, October 28th, 2024 – Promotora de Hoteles Norte 19, S.A.B. de C.V. (BMV: HCITY) (“Norte 19” or “the Company”) informs investors that on October 25, 2024, the Colombian Superintendency of Industry and Commerce informed one of our Colombian subsidiaries of an investigation into fair competition practices involving certain hotels in Cali, including some of our properties.

Norte 19 is carefully tracking the ongoing investigation as it moves forward.

Norte 19 reaffirms its commitment to upholding the highest standards of ethics and transparency, ensuring that our business practices consistently foster a competitive market.

 

Miranda Newswire – For full press release: Download PDF

 

Investor Relations Contact Details

Héctor Vázquez
Corporate Finance, Treasury, and IR
Phone: +52 55-5249-8067
E-mail: hvazquez@norte19.com

Ana Lucía Sors
Miranda IR
Phone: +52 833-293-4232
 
About Norte 19 
Norte 19 is a Mexican company that offers integrated solutions for the hospitality industry, dedicated to providing services ranging from the design and development of hotels to the operation and management of first-class hospitality businesses. With a track record spanning more than two decades, Norte 19 has stood out for its commitment to excellence in service, innovation in technology, and efficiency in operation. Norte 19 operates more than 150 hotels in Mexico, Colombia, Costa Rica, and Chile, establishing strong partnerships with recognized brands and continuously adapting to market demands. Norte 19 will maintain the same ticker symbol (“HCITY”) on the Mexican Stock Exchange (BMV).
For further information, please visit our website: https://norte19.com/en/investors

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