Hoteles City Express Concludes its 2018 Development Pipeline Reaching 152 Hotels in Operation

Hoteles City Express S.A.B. De C.V. ("Hoteles City Express" or "The Company") (BMV: HCITY) announces the opening of 8 hotels reaching 152 hotels in operation and more than 17,100 rooms installed over the next weeks.

On December 17 2018, City Express Plus Mérida will open its doors, meanwhile The City Express CDMX La Villa, City Express Plus Ensenada, City Express Ensenada and City Express Plus Tijuana hotels will start operations between December 22 and 31 of the present year. Additionally the City Express CDMX Tlalpan, City Express Plus Chihuahua and City Centro San Luis Potosí hotels will open their doors in the first weeks of the coming year.

With these openings, The Company concludes its development pipeline of the year with 17 new units compared to the 135 hotels that operated at the end of 2017.

The following is a summary of the 2018 Development Pipeline.