Last updated: 12:25 / Thursday, 27 June 2013
Totals 37 Hotels

FibraHotel Acquires Hotel in Tlanepantla and Opens The One in Guadalajara

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FibraHotel Acquires Hotel in Tlanepantla and Opens The One in Guadalajara

FibraHotel, the first real estate investment trust specialized in urban business-class hotels in Mexico, announces last Monday that they completed the acquisition of Fiesta Inn Tlanepantla, as well as the grand opening of the hotel One Tapatío in Guadalajara.   

According to a press release, the 6.5 million dollars transaction, which will immediately add 131 rooms in operation, represents the second closing of an acquisition outside of the Acquisition Portfolio and is part of the set of 15 hotels to be acquired and currently under progress, which were announced on March 14, 2013 and April 23, 2013.

The Fiesta Inn Tlanepantla hotel has 131 rooms and is located in the municipality of Tlanepantla, in the State of Mexico. During 2012, the hotel had an occupancy rate of 66%, an average daily rate of Ps. $793 and a RevPAR of Ps. $523.

The trust also announced the opening of the hotel One Tapatío in Guadalajara. A 126-room limited service hotel operated by Grupo Posadas under the One Hotels brand. The hotel is located in Avenida Chapala, in the municipality of Tlaquepaque (Guadalajara), in the State of Jalisco, inside the shopping center Espacio Tlaquepaque, and close to the most important industrial parks of Guadalajara.
 
With these events, FibraHotel’s portfolio consists of 34 hotels in operation and 3 hotels under development with a total of 5,132 rooms, including 4,798 rooms in operation.
 

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