Hoteles City Express Announces the Departure of its Chief Financial Officer

hcity

Mexico City, January 7th, 2022 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or “the Company”) (BMV: HCITY) informs investors that Paul Smith Márquez, Chief Financial Officer, will leave the Company on January 12th, 2022, to pursue other professional and personal interests. 

As a result, his responsibilities will be assumed on an interim basis by Santiago Parra Gutierrez, who has been part of the Company for 13 years and currently serves as our Director of Corporate Finance, part of the Finance Department, and a direct report to our Chief Executive Officer. 

The foregoing is reported to comply with the General Provisions applicable to securities issuers and other participants in the securities market.

“On behalf of the Hoteles City Express team, we would like to thank Paul for all of his contributions during his time with the Company. We wish him every success in his future endeavors,” commented Luis Barrios, Chief Executive Officer of the Company.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

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

Marimar Torreblanca
Miranda IR
Phone: +52 55-5282-2992
E-mail: marimar.torreblanca@miranda-partners.com 

 
About Hoteles City Express
Hoteles City Express is 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 Express specializes in offering high-quality, comfortable, and safe lodging at affordable prices via a limited-service hotel chain geared mainly towards domestic business travelers. With 152 hotels located in Mexico, Costa Rica, Colombia and Chile, Hoteles City Express operates five distinct brands: City Express, City Express Plus, City Express Suites, City Express Junior and City Centro, to serve different segments of its target market. In June 2013, Hoteles City Express completed its IPO and began trading on the Mexican Stock Exchange under the ticker symbol “HCITY” furthermore, on October 8, 2014, Hoteles City Express completed a follow on with the aim of accelerating its growth in new hotels over the next few years.
For further information, please visit our website: https://www.cityexpress.com/en/investors/

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