MEXICO CITY, Feb. 06, 2019 (GLOBE NEWSWIRE) — Grupo Hotelero Santa Fe, S.A.B. Of C.V. (BMV: HOTEL) ("HOTEL" or "the Company"), one of the leading companies in the hotel industry in Mexico, announces the signing of a second franchise agreement with Hyatt for Hyatt Regency Insurgentes Mexico City which is expected to open in Q2 2020. This Grand Tourism category hotel will have 250 rooms and will be located on Insurgentes Avenue in the south of the city, in front of the World Trade Center and the Polyforum Siqueiros in a mixed-use real estate complex, that will also include a gourmet experience area, retail area, residential area and parking.
This is the second franchise agreement that HOTEL signs with Hyatt after the recently announced Hyatt Centric Campestre Leonand the second Hyatt Regency hotel to open in Mexico City. The company is evaluating other possible future projects with Hyatt.
