Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) anounced the opening of the AC Hotel Guadalajara Expo, a full service, 180-room hotel. The venue will be operated by the hotel operator, a Fibra Inn-related company.
The Company maintains its positive perspective regarding the addition of the global AC Hotels by Marriott brand to its portfolio of hotels. This line of hotels falls under the lifestyle premium concept, offering the Company the ability to maximize on the benefits of a strategic location, as was the case with other hotels in the portfolio found in similar areas.
The hotel is within the Plaza del Sol commercial area. This mall is located only 5 minutes from the Expo Guadalajara, one of the most important convention centers in Latin America, and easily accessible from the city’s industrial district as well as the growing Zapopan business area.
To date, Fibra Inn has a total portfolio of 43 properties in operation. The total is 7,115 rooms, of which 222 are under construction. Additionally, Fibra Inn has minority participation with third parties in the Strategic Hotel Acquisition Pipeline model, which represents 430 rooms.
Fibra Inn is a Mexican trust formed primarily to acquire, develop and rent a broad range of hotel properties in Mexico aimed at the business traveler. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. Additionally, the Company has development agreements. These hotels enjoy some of the industry’s top loyalty programs. Fibra Inn trades its Real Estate Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or “CBFIs”) on the Mexican Stock Exchange under the ticker symbol “FINN13”; its ADRs trade on the OTC market in the U.S. under the ticker symbol “DFBRY”.
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