Concentradora Fibra Hotelera Mexicana SA de CV: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Concentradora Fibra Hotelera Mexicana SA de CV to construct two hotels under agreement with Marriott Internatonal Inc
Concentradora Fibra Hotelera Mexicana SA de CV:Says on Dec. 2 it acquired rights to a land in the north of la Ciudad de Mexico to build two hotels with a total of 245 rooms within the Via Vallejo Mall (el Centro Comercial Via Vallejo).Says Courtyard by Marriott will have 93 rooms and Fairfield Inn & Suites will have 152 rooms.Says both hotels will be operated by Marriott Internatonal Inc, as a part of a partnership announced on Nov. 14.Says the hotels will start their operation together with the mall on the fourth quarter of 2015.Says the hotels represent the total estimated investment of 230,000,000 Mexican pesos.Says the company has invested so far 34,000,000 Mexican pesos.Says, as a result, the company's portfolio will consist of 45 hotels (6,222 rooms), 39 of which are already in operation and the remaining six in various stages of development.
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