Promotora de Hoteles Norte 19, S.A.B. de C.V. (HOCXF) Research

Promotora de Hoteles Norte 19, S.A.B. de C.V. is a hospitality firm actively involved in the development, operation, and management of hotels across Mexico, Costa Rica, Colombia, and Chile. Its portfolio primarily features properties under various Marriott brands, including City Junior, City Express Suites, City Express, City Express Plus, and City Centro. Beyond its core hotel operations, the company provides a comprehensive suite of related services. These encompass marketing, technical, and administrative support, real estate development, and expertise in restaurant operations and catering. It also delivers robust IT solutions, spanning server maintenance, updates, and equipment rental, coupled with proprietary software platforms, applications, and performance dashboards tailored for hotel managers and operational teams. Further demonstrating its integrated approach, Promotora de Hoteles Norte 19 developed Front2Go, its own property management system. It also engages in civil works development by hiring personnel or external contractors and strategically invests in broader hospitality industry initiatives. Its primary clientele consists of business travelers. Established in 2002, the company recently rebranded in April 2024, transitioning from its former name, Hoteles City Express, S.A.B. de C.V. It maintains its corporate headquarters in Mexico City, Mexico.

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