Hoteles City Express Appoints Mateo Mazal as Chief Operating Officer

MEXICO CITY, July 5, 2017 /PRNewswire/ -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), today announced the appointment of Mateo Mazal as Chief Operating Officer.

Mr. Mazal brings significant operational management expertise to the Company, with over a decade of experience in senior roles. At Hoteles City Express, he will be responsible for strengthening organizational processes that underpin future growth, incorporating new operating practices to maximize efficiency and supporting the brand promise across the hotel portfolio.

Previously, Mr. Mazal was Chief Operating Officer of UVM Laureate International Universities and before that he acted as General Manager of Vitro Cristal, a subsidiary of glass manufacturer Grupo Vitro. He is an Industrial Engineer with a Bachelor's degree from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) and has an MBA from Instituto Panamericano de Alta Dirección de Empresas (IPADE).

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 125 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.