Founded: 2012 (7 years)
Type of REIT: Equity REIT
Listing Status: Public
REIT Sector: Hotel
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FibraHotel is a Mexican trust created primarily to acquire, develop and operate hotels in Mexico. Our objective is to provide attractive returns to our CBFI holders, through stable cash distributions and the appreciation of our real estate assets. Also, we will aim to have a high quality hotel portfolio, through the affiliation to different hotel brands and renowned operators, as well as geographic and segment diversification. FibraHotel has 87 hotels, in 26 states of the Mexican Republic, adding a total of 12,723 rooms. FibraHotel has a unique platform to work with hotel operators and leading brands in the different segments of the business hotel market. This policy of open architecture allows us to associate with the hotel operating company and the hotel brand that is most convenient for each hotel and circumstance. Additionally, our operating agreements have a unique scheme in which we pay predominantly variable commissions based on gross operating income, which aligns our interests with those of the Hotel Operating Companies. We believe that our management team has developed a strong business model and an efficient operating platform that will allow us to continue developing our businesses and achieve attractive returns on the capital invested. Our hotels have been developed based on architectural plans that sought to maximize the use of income generating spaces and minimize both construction costs and operating expenses.