Fibra Inn Announces Agreement in Process with InterContinental Hotels Group - IHG

Deutsche Bank Mexico, S.A., Banking Institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13) ("Fibra Inn" or "the Company"), a Mexican real estate investment trust specializing in the hotel industry serving the business traveler, announced today it is working on an agreement with InterContinental Hotels Group or "IHG" to establish the terms and conditions in which Fibra Inn will develop and / or acquire around 20 hotels in Mexico through franchise agreements to brand and operate hotels under the hotels systems:

• Crowne Plaza
• Hotel Indigo
• Holiday Inn
• Staybridge Suites
• Candlewood Suites

IHG or InterContinental Hotels Group is a global hotel company operating nine hotel brands - InterContinental Hotels and Resorts, Hualuxe ^TM Hotels and Resorts, Crowne Plaza Hotels and Resorts, Hotel Indigo, EVEN ^TM Hotels, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites and Candlewood Suites. It has 79 hotels throughout Latin America and the Caribbean. In Mexico it has 120 properties and over 18,917 rooms.

Fibra Inn currently owns seven Holiday Inn Express, one Holiday Inn & Suites and one Holiday Inn in seven states in Mexico.

Fibra Inn reiterates its commitment to operate under globally-recognized and reputable brands that will add value to the portfolio of the Fibra.

For more information, visit: http://fibrainn.mx/inversionistas.php.

About the Company

Fibra Inn is a Mexican trust formed primarily to acquire, own, develop, operate and rent a broad range of hotel properties in Mexico. Headquartered in Monterrey, Fibra Inn has a portfolio of 14 high-quality hotels and geographically-diverse located in ten states throughout Mexico, comprising approximately 2,423 rooms. The Company has signed Franchise Agreements with IHG to operate its global brands Holiday Inn, Holiday Inn Express, and Holiday Inn Express & Suites; with Hilton to operate its brand Hampton Inn by Hilton; and is in the process with IHG, Marriott International and Wyndham Hotel Group to operate its global brands. These hotels enjoy some of the industry's top loyalty programs and, offer attractive hotel options for businesses travelers. Fibra Inn recently listed its Real Estate Trust Certificates (Certificados Bursatiles Fiduciarios Inmobiliarios or "CBFIs") on the Mexican Stock Exchange and trades under the ticker symbol "FINN13".

For more information, please visit: http://fibrainn.mx/en/investors.php.

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

SOURCE: BUSINESS WIRE

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