fibra inn
JW Marriott Monterrey Valle Makes Its Debut in the Heart of Mexico’s “City of the Mountains”
JW Marriott | May 4, 2021
MONTERREY, NUEVO LEON — May 4, 2021 — JW Marriott, part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, today announces the opening of JW Marriott Monterrey Valle, the brand’s newest luxury property and fifth in Mexico. Acquired by Fibra Inn and operated by Grupo Hotelero Prisma, JW Marriott Monterrey Valle is set in an unparalleled location, flanked by the majestic Sierra Madre mountain range and in the heart of San Pedro Garza Garcia, one of the most prestigious economic centers of Latin America. "We are excited to continue to grow our JW Marriott portfolio in Mexico with the opening of JW Marriott Monterrey Valle," sa...
Marriott International Signs Agreement With Fibra Inn to Bring W Brand to Playa Del Carmen, Mexico
W Hotels Worldwide | January 9, 2020
218-room, oceanfront W Playa del Carmen is expected to open in 2023 Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) to bring the W brand for the first time to Mexico’s Yucatan Peninsula. The property is expected to rise on an oceanfront site in Playa del Carmen within walking distance to entertainment, upscale shopping and restaurants. “We are excited to work with hotel developer Fibra Inn to open a cutting-edge W hotel in Playa del Carmen, a destination ready for the brand’s bold design, signature Whatever/Whenever service and innovative program...
Fibra Inn Launches Renovation and Rebranding of Arriva Express Guadalajara Plaza del Sol Hotel to AC Hotels by Marriott
Fibra Inn | December 14, 2016
MONTERREY, Mexico-- Deutsche Bank Mexico, 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, announced that it will invest in the rebranding of the Arriva Express Guadalajara Plaza del Sol Hotel to the international brand, AC Hotels by Marriott; therefore the new hotel will be called the AC Hotels by Marriott Guadalajara Expo. In August 2015, Fibra Inn paid Ps. 275.0 million for the acquisition of the Arriva Express and Staybridge Suites hot...
Fibra Inn Acquires Best Western Valle Real Hotel in Monterrey, Nuevo Leon, Mexico
Fibra Inn | October 19, 2016
MONTERREY, Mexico--Deutsche Bank Mexico, 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 international brands, announced today that it has completed the payment and acquisition of the Best Western Valle Real Hotel located in Monterrey, in the state of Nuevo Leon; and which adds 85 rooms to the Company's portfolio. The transaction was paid in cash using the resources obtained from the bank loan, and represented a total investment of Ps. 67.0 million, plu...
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 Acquires the 145-Room Casa Grande Ciudad Juarez Hotel in Chihuahua
Fibra Inn | April 27, 2016
MONTERREY, Mexico--April 27, 2016--Deutsche Bank Mexico, 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, announced that it has concluded the acquisition of the Casa Grande Ciudad Juarez hotel. The hotel has 145 rooms and operates in the full-service segment. Fibra Inn´s hotel operator will be in charge of the operation of the hotel. The transaction was paid with resources coming from debt issuance, representing a final investment of P...
Fibra Inn Signs Binding Agreement to Acquire Casa Grande Ciudad Juarez Hotel
Fibra Inn | March 16, 2016
MONTERREY, Mexico - March 16, 2016 - Deutsche Bank Mexico, 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, announced the binding agreement to acquire Casa Grande Ciudad Juarez, located in the state of Chihuahua. The hotel currently has 145 rooms and operates in the full-service segment. Fibra's Inn corporate governance bodies approved the amount agreed to acquire up to Ps. 115.0 million plus taxes, acquisition-related expenses and corresp...
Fibra Inn to Develop JW Marriott Monterrey Hotel in San Pedro Garza García, Nuevo León
Fibra Inn | March 3, 2016
MONTERREY, Mexico--March 3, 2016--Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) ("Fibra Inn" or "the Company"), the hotel industry specialized Mexican real estate investment trust serving the business traveler with international brands, announced the development of the JW Marriott® Monterrey hotel in San Pedro Garza Garcia, Nuevo Leon, which will have 250 rooms. Fibra Inn has signed a franchising agreement with Marriott Switzerland Licensing Company SÀ RL for the use of the JW Marriott® brand, which will ensure the performance of this iconic hotel in Mont...