México D.F. February 29th 2016 — (hospitalitybusinessnews.com)FibraHotel (BMV: FIHO 12), the first real estate investment trust specialized in urban business-class hotels in Mexico announces the opening of the One Durango hotel with 126 limited-service rooms to be operated by Grupo Posadas.
The hotel is located at Avenida Felipe Pescador #1401, inside the Paseo Durango fashion mall with a leasable GLA of ~35,000m2 and over 120 tenants including Liverpool, Sears and Cinemex. The 138 room Fiesta Inn Durango is also located inside the Paseo Durango shopping center, and both hotels are expected to benefit from economies of scale.
With this opening, FibraHotel´s portfolio consists of 80 hotels and 10,973 rooms, of which 64 hotels are in operation (8,767) and 16 in different stages of development.