Le Lézard
Classified in: Tourism and vacations, Business
Subject: CXP

Hoteles City Express Announces the Opening of Hotel City Express Plus Tampico, Reaching 143 Hotels in Operation


MEXICO CITY, Nov. 12, 2018 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("The Company") (BMV: HCITY), announced the opening of Hotel City Express Plus Tampico, reaching 143 hotels in operation and more than 16,100 available rooms in 69 cities and 30 states in México, as well as Colombia, Costa Rica and Chile.

Hotel City Express Plus Tampico has 126 available rooms and was developed under a co-investment model. This new property will serve travelers with business activities in the port and refinery areas of Tampico, as well as serve the leisure and entertainment needs of guests, as the hotel is located in a shopping mall. In the same way, the hotel will be a convenient meeting point, due to its close proximity to various points of interest and to being located on one of the main roads in the area.

About Hoteles City Express:
Hoteles City Express is considered 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 143 hotels in operation located throughout 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 coming years.

For further information, please visit our website: https://cityexpress.com/en/investors/

SOURCE Hoteles City Express, S.A.B. de C.V.


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