MEXICO CITY, Jan. 15, 2019 (GLOBE NEWSWIRE) ā€” 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 franchise agreement with Hyatt for Hyatt Centric Campestre Leon, which will be rebranded from CleviĆ” Grand Leon. This 5-star hotel in LeĆ³n, Guanajuato, Mexico, has 140 rooms and is located in ā€œPuerta BajĆ­o,ā€ a premium location in a mixed-use real estate development including a shopping mall, residential apartments and office space. It is in the north of the city in the ā€œzona dorada,ā€ one of the fastest growing areas in the city. The hotelā€™s brand change is expected in Q1 2019.

This is the first franchise agreement that HOTEL signs with Hyatt and the first Hyatt Centric hotel to open in the country. The company is evaluating other possible future projects with Hyatt.