Fibra Inn announced the hiring of Fernando Rocha Huerta as Vice President of Acquisitions and Development. Recently, Fibra Inn's management approved the creation of the position for the Director of Acquisitions and Development as part of its strategy to strengthen its organizational structure. This position, which was previously supervised by Mr. Oscar Calvillo, Chief Financial Officer, will report to the Chief Executive Officer.

Mr. Rocha will join the team at Fibra Inn as of December 1, 2014; his main responsibility will be the supervision of all the hotel acquisitions process, as well as the coordination of the development of hotels throughout all stages. Mr. Fernando Rocha has over 25 years' experience in the development and operation of hotels, design and strategic development in the business channels under the franchise model, management of operating support areas and tourism marketing in general. He was Senior Director of Development at Cendant Corporation (RCI) to then join Grupo Posadas as Vice President of Development and subsequently becoming Vice President of Marketing of Franchises.