Grupo Hotelero Santa Fe Announces the Signing of the Management Contract for the AC Hotel by Marriott Santa Fe
July 30, 2019 at 09:10 am EDT
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Grupo Hotelero Santa Fe, S.A.B. Of C.V. announced the signing of a Management Contract for the AC Hotel by Marriott Santa Fe with 168 rooms located in the Santa Fe area in Mexico City. The hotel which is owned by a third party, is located on Juan Salvador Agraz, some steps away from the Centro Comercial Santa Fe Mall and was inaugurated in May 2017. With the inclusion of this hotel, the Company’s portfolio will reach 28 hotels with 6,976 rooms and presence in 17 cities in Mexico, including the hotels currently in construction or expansion. The company will continue seeking and analyzing investment opportunities in hotels and properties for acquisition, change of use, development and third-party hotel Management Contracts as an ordinary course of business.
Grupo Hotelero Santa Fe SAB de CV (Krystal Hotels) is a Mexico-based company specialized in the hotel services. The Companyâs activities comprise acquiring, developing and operating urban and beach hotels in Mexico. It operates through its own brands, such as Krystal Resorts, Krystal Grand, Krystal Beach and Krystal Urban, as well as through franchises and licensed brands, including Hilton, Hilton Resorts, Hilton Garden Inn and Hampton Inn. The properties are located in Acapulco, Guadalajara, Monterrey, and Cancun, among others. The Company collaborates with Grupo Chartwell, Nexxus Capital and Walton Street Capital.