An unknown buyer acquired 50% stake in Portfolio of three hotels located in the cities of Mexico from Hoteles City Express, S.A.B. de C.V. (BMV:HCITY *).
December 24, 2021
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An unknown buyer acquired 50% stake in Portfolio of three hotels located in the cities of Mexico from Hoteles City Express, S.A.B. de C.V. (BMV:HCITY *) on December 25, 2021.
An unknown buyer completed the acquisition of a 50% stake in Portfolio of three hotels located in the cities of Mexico from Hoteles City Express, S.A.B. de C.V. (BMV:HCITY *) on December 25, 2021.
Hoteles City Express SAB de CV is a Mexico-based company, which owns and franchises a chain of hotels. The Company's activities are divided into two business segments: Hotel operations and Administration. The Hotel operations division includes management and rental of own hotels, as well as brand franchising. The Administration division provides administration services for hotel owners. The Company operates various hotel formats under a number of brand names, such as City Express, City Express Plus, City Express Suites, City Express Junior and City Centro. It owns over 120 hotels. The Company's hotel infrastructure is located in Latin America, including Mexico, Chile, Costa Rica and Colombia.
An unknown buyer acquired 50% stake in Portfolio of three hotels located in the cities of Mexico from Hoteles City Express, S.A.B. de C.V. (BMV: HCITY *).