Hoteles City Opens 13 New Hotels in Mexican High Growth Business Hubs to Reach 84 Hotels in Operation

Hoteles City Express, S.A.B. de C.V. ("Hoteles City") (BMV:HCITY), the leading limited-service hotel chain in Mexico, announced that in the last twelve months it opened 13 new hotels; 12 of which are strategically located in urban locations along the principal business, logistics, commercial and industrial corridors in Mexico, and its first hotel in Colombia (Cali). With these openings, Hoteles City reaches 84 hotels in operation, adding 1,467 new rooms to its portfolio for a total of 9,563 rooms. This represents an 18% room-count increase year-over-year.

Mr. Luis Barrios, Hoteles City's Chief Executive Officer, commented: "We are delighted with the openings of our newest properties across Mexico and also our inaugural hotel in Colombia. These new hotels in Mexico complement our presence across the most dynamic economic hubs in the country, where we've performed with success, while our second international hotel aims for a new market with strong growth potential. The opening of these properties completes our 2013 pipeline and reflects a continuation of our business strategy of offering business travelers a high-quality, affordable lodging alternative in order to continue creating brand and shareholder value."

During the remainder of 2014, Hoteles City plans to open between 14 to 16 hotels, all in Mexico, which comprises its 2014 Openings Pipeline. To date, 12 hotels are currently under construction.

Media Contact

Abelardo Loscos

Corp. Finance & Investor Relations Director [email protected] + (5255) 5249-8050 ext. 1810