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

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Promotora de Hoteles Norte 19, S.A.B. de C.V. Profile Updated: October 27, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Spanish Download a sample report

Promotora de Hoteles Norte 19, S.A.B. de C.V., formerly known as Hoteles City Express, was incorporated on April 12, 2002, in Mexico City, and rebranded in April 2024 following strategic corporate restructuring. The company operates in the hospitality sector, focusing on the design, administration, operation, and franchising of limited-service hotels across Latin America. Its portfolio includes over 157 hotels and 18,292 rooms in Mexico, Chile, Costa Rica, and Colombia, serving primarily business travelers. Promotora de Hoteles Norte 19 manages several well-known brands, now co-branded with Marriott, including City Express by Marriott, City Express Plus, City Express Suites, City Express Junior, City Centro, and recently added HS Hotsson hotels to its full-service segment. The company is publicly traded on the Mexican Stock Exchange (BMV: HCITY) and operates under the legal form of a Sociedad Anónima Bursátil de Capital Variable (S.A.B. de C.V.). Its key shareholders and executives include Eduardo Ymay Seeman (General Director) and Luis Eduardo Barrios Sánchez, who played a pivotal role in its early development. Historically, the company pioneered the business hotel model in Mexico, rapidly expanding its footprint and brand recognition through strategic partnerships and operational excellence.

Headquarters
Juan Salvador Agraz 69 Santa Fe Cuajimalpa
Mexico City; Federal District of Mexico City; Postal Code: 05348

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Website: https://norte19.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 12, 2002
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Subsidiaries
Inmobiliaria Hotelera Norte 19, S. A. De C. V
N19 Administracion Corporativa, S. A. De C. V.
Operadora De Hoteles City Norte 19, S. A. De C. V.
Company Performance
Financial values in the chart are available after Promotora de Hoteles Norte 19, S.A.B. de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net sales revenue
7.55%
Total operating revenue
7.55%
Operating profit (EBIT)
-34.59%
EBITDA
-34.59%
Net Profit (Loss) for the Period
N/A
Total assets
-4.12%
Total equity
-1.73%
Operating Profit Margin (ROS)
-5.51%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-2.18%
Quick Ratio
-0.55%
Cash Ratio
-0.23%

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