hoteles city express
Marriott International Expands Into Affordable Midscale Segment With Acquisition of the City Express Brand Portfolio
Marriott International, Inc. | May 2, 2023
Marriott International, Inc. (NASDAQ: MAR) announced today that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. (BMV: HCITY). With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott. "We are thrilled to expand our portfolio into the fast-growing affordable midscale segment,” said Leeny Oberg, Chief Financial Officer and Executive Vice President, Development, Marriott International. “Our goal is to be everywhere our guests want us to be, with the right property in the right location ...
Marriott International Reaches Agreement With Hoteles City Express, S.A.B. de C.V. to Acquire the City Express Brand Portfolio
October 19, 2022
Marriott International (NASDAQ: MAR) announced today that it has reached an agreement with Hoteles City Express, S.A.B. de C.V. (BMV: HCITY) to acquire the highly regarded City Express brand portfolio, marking Marriott’s entry into the affordable midscale segment with its 31st brand. The portfolio is currently comprised of 152 hotels, including 17,356 rooms across 75 cities in Mexico and three additional countries in Latin America. Upon closing of the transaction, the brand and hotel portfolio will become part of Marriott’s franchise system. Marriott will also acquire the franchise rights to five under-construction projects in the pip...
Hoteles City Express Opens the Hotel City Express Plus Interlomas, Reaching 142 Hotels in Operation
Hoteles City Express | November 8, 2018
MEXICO CITY, Nov. 8, 2018 -- Hoteles City Express, S.A.B. de C.V. ("The Company") (BMV: HCITY), announced the opening of City Express Plus Interlomas, reaching 142 hotels in operation, and more than 16,000 available rooms in 69 cities and 30 states in México, as well as Colombia, Costa Rica, and Chile. City Express Plus Interlomas has 141 available rooms and is 100% Company-owned. This new property will serve travelers with activities related to business and commerce that operate on the western area of Mexico City where companies, corporations and health centers are located. In the same way, the hotel will be a meeting ...
Hoteles City Express Appoints Mateo Mazal as Chief Operating Officer
Hoteles City Express | July 6, 2017
MEXICO CITY, July 6, 2017 -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), today announced the appointment of Mateo Mazal as Chief Operating Officer. Mr. Mazal brings significant operational management expertise to the Company, with over a decade of experience in senior roles. At Hoteles City Express, he will be responsible for strengthening organizational processes that underpin future growth, incorporating new operating practices to maximize efficiency and supporting the brand promise across the hotel portfolio. Previously, Mr. Mazal was Chief Operating Officer of UVM ...
Hoteles City Express Names Paul Smith Márquez as Chief Financial Officer
Hoteles City Express | June 5, 2017
MEXICO CITY, June 5, 2017-- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), announced the appointment of Paul Smith Márquez as Chief Financial Officer. With his extensive experience, Mr. Smith will contribute to the profitable growth of Hoteles City Express through the analysis and implementation of strategic alternatives for the Company, the financing of new properties, the enforcement of investment policies to maximize financial returns, the optimization of accounting systems and expense controls, and the investor relations program management. Mr. Smith holds a Ba...
Hoteles City Express Opens New City Express Suites Tijuana Rio in Mexico and City Express Santiago Aeropuerto in Chile
Hoteles City Express | August 2, 2016
MEXICO CITY, Aug. 2, 2016 -- Hoteles City Express S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), announces the opening of two new hotels: City Express Suites Tijuana Rio in Mexico and City Express Santiago Aeropuerto in Chile. With these openings, the Company reaches 113 hotels in operation and 12,682 rooms to lodge travelers in 61 cities in 29 states of Mexico, as well as in Colombia, Costa Rica, and Chile. City Express Suites Tijuana Rio – with 79 available rooms – operates under a management contract and extends the City Express Suites brand in the largest market in the state of...
Hoteles City Express Opens City Express Reynosa Aeropuerto in Reynosa, Tamaulipas, Mexico
Hoteles City Express | July 18, 2016
MEXICO CITY, July 18, 2016 -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), announces the opening of City Express Reynosa Aeropuerto, reaching 111 properties in operation and more than 12,450 rooms to host travelers along 61 cities in 29 states of Mexico, as well as in Cali, Colombia, and San Jose, Costa Rica. City Express Reynosa Aeropuerto is the sixth hotel of the Company in the state of Tamaulipas and the second in the city of Reynosa. The property is 100% owned by Hoteles City Express. This new property is focused on offering a convenient lodging alternative to busi...
Hoteles City Express Opens New City Express CDMX Alameda Hotel in Mexico City
Hoteles City Express | July 11, 2016
MEXICO CITY, July 11, 2016 -- Hoteles City Express, S.A.B. de C.V. ("Hoteles City Express" or "the Company") (BMV: HCITY), announces the opening of its City Express CDMX Alameda hotel, reaching 110 properties in operation in the first half of the year. With this new property, the company registers four hotels opened during the second quarter of 2016 and a total of 12,348 installed rooms, distributed along 29 states of the country, 61 cities in Mexico and two in Latin America – San Jose, Costa Rica and Cali, Colombia. The City Express CDMX Alameda hotel, opened last week, is the thirteenth hotel of the chain in ...
