Hoteles City Opens the 124-room City Express Central de Abastos in Mexico City
MEXICO CITY - September 19, 2014 - Hoteles City Express, S.A.B. de C.V. ("Hoteles City" or "the Company") (BMV: HCITY), announced today the opening of City express Central de Abastos the 88th property in the Company's growing hotel chain. This hotel is located in Mexico City and is the ninth property that Hoteles City operates in the capital of the country. It will attend, among others, the business travelers with activities in one of the main commerce and business hubs of Mexico.
City express Central de Abastos has a total of 124 rooms and will operate under a lease contract. With this new opening, Hoteles City reaffirms its leadership in the limited service segment nationwide and expands its coverage in one of the most dynamic cities in Mexico
About Hoteles City
Hoteles City 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 specializes in offering high-quality, comfortable and safe lodging at affordable prices via a limited-service hotel chain geared towards the domestic business traveler. With 88 hotels in operation located throughout Mexico, Costa Rica and Colombia, Hoteles City operates three distinct brands: City express, City Suites and City junior to serve different segments of its target market. In June 2013, Hoteles City successfully completed its IPO and began trading on the Mexican Stock Exchange under the ticker symbol "HCITY".
For more information please visit our Investor Relations website: www.hotelescity.com/en/investors
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