Mexico City, August 12, 2022 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or “the Company”) (BMV: HCITY), announces, as part of the company’s asset recycling and liquidity strategy, the sale of a plot of land in Puerto Montt, Chile for $21,280,060.62 (twenty-one million two hundred eighty thousand sixty 62/100 M.N.).
As we have mentioned previously, the Company’s focus is on deleveraging the balance sheet and continuing to execute strategies to preserve and enhance liquidity.
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