Hoteles City Express Concludes its 2018 Development Pipeline Reaching 152 Hotels in Operation

News provided by

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

Dec 13, 2018, 10:29 ET

MEXICO CITY, Dec. 13, 2018 /PRNewswire/ -- Hoteles City Express S.A.B. De C.V. ("Hoteles City Express" or "The Company") (BMV: HCITY) announces the opening of 8 hotels reaching 152 hotels in operation and more than 17,100 rooms installed over the next weeks.

On December 17 2018, City Express Plus Mérida will open its doors, meanwhile The City Express CDMX La Villa, City Express Plus Ensenada, City Express Ensenada and City Express Plus Tijuana hotels will start operations between December 22 and 31 of the present year. Additionally the City Express CDMX Tlalpan, City Express Plus Chihuahua and City Centro San Luis Potosí hotels will open their doors in the first weeks of the coming year.

With these openings, The Company concludes its development pipeline of the year with 17 new units compared to the 135 hotels that operated at the end of 2017.

The following is a summary of the 2018 Development Pipeline.

Hotel
Number

Development
Pipeline

Hotel

Brand

Investment 
Scheme

Opening

Rooms

Location

136

1

Ce Tepic

City express

Franchise

jan-18

125

Nayarit

137

2

Ce Atlixco

City express

Franchise

Mar-18

108

Puebla

138

3

Ce Comitán

City express

Managed

apr-18

105

Chiapas

139

4

Ce Gustavo Baz

City express

Managed

Jun-18

125

Estado de México

140

5

CP Cancún Aeropuerto

City express Plus

Co-Owned

Oct-18

120

Quintana Roo

141

6

CS Cancún Aeropuerto

City express Suites

Co-Owned

Oct-18

63

Quintana Roo

142

7

CP Interlomas

City express Plus

Owned

Nov-18

141

Estado de México

143

8

CP Tampico

City express Plus

Co-Owned

Nov-18

126

Tamaulipas

144

9

Cj CDMX Sullivan

City express junior

Owned

dec-18

96

Ciudad de México

145

10

CP Mérida

City express Plus

Co-Owned

dec-18

135

Yucatán

146

11

Ce CDMX La Villa

City express

Managed

dec-18

106

Ciudad de México

147

12

Ce Ensenada

City express

Co-Owned

dec-18

127

Baja California

148

13

CP Ensenada

City express Plus

Co-Owned

dec-18

134

Baja California

149

14

CP Tijuana

City express Plus

Owned

dec-18

154

Baja California

150

15

Ce CDMX Tlalpan

City express

Managed

jan-19

96

Ciudad de México

151

16

CP Chihuahua

City express Plus

Managed

jan-19

122

Chihuahua

152

17

CC San Luis Potosí

City Centro

Owned

Feb-19

70

San Luis Potosí


Total


1,953

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 152 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.

Related Links

http://www.cityexpress.com

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