Mexico City, May 16th, 2022 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City Express” or “the Company”) (BMV: HCITY), announces the opening of City Express Monterrey Universidad. With this new hotel, the Company reached 153 hotels in operation with more than 17,400 rooms in 72 cities and 30 states in Mexico, Colombia, Costa Rica, and Chile.
The City Express Monterrey Universidad hotel has 147 rooms and is 100% owned by the Company. This new property is located on Av. Alfonso Reyes, in the area known as “Universidad”, located north of the city of Monterrey. The hotel is part of the “Catehua” mixed-use project, which includes apartments, offices, commercial areas, and the hotel. This is the Company’s seventh hotel in the state of Nuevo León and is designed to serve business and leisure travelers.
Miranda Newswire – Full Press Release: Download PDF
Investor Relations Contact Details
Corporate Finance and IR
Phone: +52 (55) 5249 8067
Phone: +52 55-5402-1295
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 153 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.