courtyard by marriott chihuahua
Fibra Inn Acquires 152-Room Courtyard by Marriott Chihuahua Hotel in Mexico for $13.4 Million
Fibra Inn | August 16, 2016
MONTERREY, Mexico - August 16, 2016 - Deutsche Bank México, S.A., Banking Institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) ("Fibra Inn" or "the Company"), the Mexican real estate investment trust specializing in the hotel industry serving the business traveler with global brands, today announced the payment and acquisition of the Courtyard by Marriott Chihuahua hotel, which adds 152 rooms to the portfolio. The transaction, which was paid in cash with resources obtained from a bank credit line, represented an investment of Ps. 234.4 million plus Ps. 8.7 million in taxes and acquisition-related expenses...
Fibra Inn Signs Binding Agreement to Acquire Four Hotels in Chihuahua, Mexico
Fibra Inn | November 10, 2015
November 09, 2015 - MONTERREY, Mexico - Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13) ("Fibra Inn" or "the Company"), the hotel industry specialized Mexican real estate investment trust, serving the business traveler with international brands, announced today the signing of a purchase agreement to acquire four hotels in the state of Chihuahua totaling 551 rooms. These are: Hampton Inn by Hilton Chihuahua Courtyard by Marriott Chihuahua City Express Chihuahua City Express Junior Chihuahua The business fundamentals employed by Fibra Inn for the acquisition of these hotels are the followi...
