Hoteles City Express Development Update

Hoteles City Express Announces the Opening of 7 Hotels Concluding Its 2016 Development Pipeline

Hoteles City Express

Hoteles City Express S.A.B. de C.V. (BMV: HCITY) announces the opening of seven hotels, three of them today and four more within the next two weeks, concluding its 2016 Development Pipeline. With these new properties, the Company will reach 5.3 million room nights installed, 123 hotels in operation and more than 13,700 rooms installed before year end. 

The three hotels that the Company opened today are: City Express Plus Mundo E, City Express Plus Bogota Aeropuerto and City Express Junior Bogota Aeropuerto. City Express CDMX La Raza, City Express Junior Merida Altabrisa and City Express Suites Queretaro Tower II (an expansion that doubles the current room count for the hotel City Express Suites Queretaro) will be opened on Friday, December 23, 2016. Finally, City Centro CDMX will lodge its first guests by December 28, 2016. 

With these openings the 2016 Development Pipeline concludes according to plan. The details for these openings are mentioned below.

 

Hotel Number

Development Pipeline

Hotel

Brand

Investment Scheme

Opening

Rooms

Location

107

1

Aguascalientes Centro

City Express Junior

Managed

2Q16

66

Aguascalientes

108

2

CDMX Aeropuerto

City Express

Managed

2Q16

98

Ciudad de México

109

3

San Luis Potosí Carranza

City Express Junior

Owned

2Q16

128

San Luis Potosí

110

4

CDMX Alameda

City Express

Managed

3Q16

112

Ciudad de México

111

5

Reynosa Aeropuerto

City Express

Owned

3Q16

113

Tamaulipas

112

6

Tijuana

City Express Suites

Managed

3Q16

79

Baja California

113

7

Santiago Aeropuerto

City Express

Co-Owned

3Q16

142

Santiago, Chile

114

8

Toluca Zona Industrial

City Express Junior

Managed

3Q16

92

Estado de México

115

9

Rosarito

City Express

Owned

3Q16

113

Baja California

116

10

Zamora

City Express

Managed

4Q16

114

Michoacán

117

11

Mundo E

City Express Plus

Leased

4Q16

145

Estado de México

118

12

Bogotá Aeropuerto

City Express Plus

Owned

4Q16

120

Bogotá, Colombia

119

13

Bogotá Aeropuerto

City Express Junior

Owned

4Q16

116

Bogotá, Colombia

120

14

CDMX La Raza

City Express

Owned

4Q16

127

Ciudad de México

121

15

Mérida Altabrisa

City Express Junior

Co-Owned

4Q16

106

Yucatán

122

16

Querétaro Torre II

City Express Suites

Owned

4Q16

44

Querétaro

123

17

CDMX

City Centro

Leased

4Q16

44

Ciudad de México

Total

1,759

The four openings planned for 1Q17 continue under development, in line with the 2017 Development Pipeline, which will be disclosed early next year.



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