• Fibra adds in Veracruz

Mexican REIT FibraHotel has bought two more hotels in Xalapa, Veracruz for its growing portfolio. The company paid MXN213m for the Fiesta Inn and One Xalapa hotels, which will both be expanded.

The pair will continue to trade under existing brands, managed by Grupo Posadas. The acquisitions take FibraHotel’s portfolio to 50 hotels with 6,883 rooms, of which 43 are in operation.
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