Mexico City, December 11th, 2020 – Hoteles City Express, S.A.B. de C.V. (“Hoteles City” or “the Company”) (BMV: HCITY), announced the opening of City Express Caborca, reaching 154 hotels in operation and more than 17,500 available rooms in 72 cities and 30 states in México, Colombia, Costa Rica, and Chile.
City Express Caborca has 101 available rooms and is a managed hotel. This new property is located in Av. Quiroz y Mora, which is one of the main roads in the city of Caborca, Sonora. The hotel will serve both business and leisure travelers, and is expected to benefit directly from the mining, commercial, and industrial activity in the region.
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Investor Relations Contact Details
Corporate Finance and IR
Ana María Ybarra
About the Company
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 154 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 in the next few years.