An unknown buyer entered into an agreement to acquire Aloft Guadalajara Hotel from Fibra Inn (BMV:FINN 13) for approximately MXN 260 million on December 19, 2020. Under the terms, 20% of the consideration was paid on signing of the agreement. The proceeds from the transaction will be used for improvements to the hotels existing in the current portfolio as well as for hotels that are being developed. The transaction is expected to close in February 2020
An unknown buyer completed the acquisition of Aloft Guadalajara Hotel from Fibra Inn (BMV:FINN 13) on February 18, 2020.