Norte 19 in Numbers
Years operating
Hotels
Projects under development
Rooms in operation
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Contact usHistory
We are a Mexico City-based company founded in 2002 by Luis Eduardo Barrios Sánchez. Since its inception, Hoteles City has focused on presenting the market with a new approach to hospitality that prioritizes design, innovation, and construction. This included the operation and management of hotels through a local brand that significantly benefited customers and caught the attention of large chains such as Marriott.
This finally led to the integration of the Hoteles City brand into this international hotel chain, and, in May 2023, we concluded the sale of our 5 brands (City Express, City Express Plus, City Express Suites, City Express Junior, and City Centro), the loyalty program (City Premios Rewards), associated brands, domains, and intellectual property to Marriott International.
This established a strategic relationship to continue operating and managing the hotels, now backed by the “By Marriott” brand, while also coordinating and managing new projects in Latin America and the Caribbean. Promotora de Hoteles Norte 19 was born from this success story that transformed the hotel industry in Mexico and resulted in the strategic relationship with Marriott International, making us the largest operator and manager-by number of hotels-for Marriott in the region. Norte 19 can develop and operate other brands in different market segments, which we will be able to leverage to continue growing in the region, we retain the business model that we previously had at City Express Hotels, and we will continue to operate our different business divisions (hotel assets, hotel operator, developer, and technology platform).
Integrated Solutions
Norte 19 is a company dedicated to offering integrated solutions for the investment, development, and management of your hotel business. Our offerings include a hotel investment fund, a professional team for operations, design and development of tourism projects and the development and operation of technology solutions for hotel management and marketing.
Our Commitment
We are committed to productivity and resource optimization are our commitment. Based on management processes implemented by experienced leaders, we produce high-quality results while meeting international brand standards. In addition, we leverage economies of scale to achieve efficiencies that maximize the value of your hotel.
What makes Norte 19 different from the rest?
At Norte 19 we offer a vertical service, providing solutions for construction, development, operation, and technology needs in the hospitality sector. Strong integration of our operations and marketing, affords us a clear vision of consumer behavior, allows for a prompt response to their needs, and faster communication and coordination with our distribution network. This results in premium hotels and high-quality service which are supported by our single-manager structure.
Our patented technology allows us to react faster to market dynamics at a lower cost, resulting in a more flexible and efficient operation. We offer in-depth knowledge of the local market and the brands' target customers.
Our culture is based on rigorous planning and discipline that rests on 9 core principles, a flat organizational structure, and the empowerment of our team. Our local advertising budget allows us to respond rapidly and align carefully to the day-to-day needs of each of our hotels and the company.
Hotel Management
We currently operate more than 150 hotels to international standards, ranging from the midscale segment, to select services and full service. Our team is comprised of professionals with extensive experience in both operating in local markets and marketing using traditional and digital media. Norte 19's professional team has a vast experience in the hotel sector, having developed more than 5 recognized brands in our industry. We currently operate more than 17,000 rooms in Mexico, Colombia, Chile, and Costa Rica, in addition to the approval of several hotel chains to operate their brands.
Project Development
We design hotels with our own concepts, and we also develop projects that align with the standards of established brands. Our team of experts ensures quality in all stages of the project, meeting requirements and optimizing costs to ensure the success of each hotel. We have developed more than 1,000,000 m2 of integrated projects for the hotel industry, including interior design and equipment. Our team adapts each project to your needs, whether they are new hotels, remodeling projects, or conversions.
Technology
We develop specialized software for the hospitality industry that gives owners and operators greater control of their business while streamlining decision-making. We have tools that improve development, operations, distribution, support and guest experiences as well as optimizing digital distribution.
Learn more about Norte 19 Factsheet
Mission, Vision and Values
Our mission
To offer integrated solutions for the investment, development, and management of the hotel business, maximizing the value of each property through innovation and a team committed to service excellence.
Our vision
To set trends through innovative hospitality solutions that respond to the evolving needs of our customers and earn their loyalty.
Our values
These are the core values that define Norte 19's culture. Passion for service: Excellence is our standard. We strive to exceed expectations, delivering a superior quality of service to ensure complete satisfaction. Ingenuity and creativity: These are essential elements at Norte 19, as they represent a key factor for competitiveness, growth, and continuous evolution. Empathy: We put our heart into everything we do. We understand and value each person with whom we interact, and seek to create lasting and meaningful experiences. Sustainability: We look to the future. We are committed to practices that protect the environment, promote well-being in the community, and ensure equitable progress. These values not only define who we are as a company but also guide our daily decisions and actions, ensuring that Norte 19 remains an innovative and responsible leader in the hospitality industry.
Quarterly and Annual Reports
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Learn more about Norte 19 in our
Corporate Presentation
Analyst Coverage
Financial Institution | Analyst | Recommendation | Target Price | |
---|---|---|---|---|
Monex | Brian Rodriguez | brodriguezo1@monex.com.mx | TBD | TBD |
Signum Research | Armando Rodriguez | armando.rodriguez@signumresearch.com | TBD | TBD |
JP Morgan | Froylan Mendez | froylan.mendez@jpmresearchmail.com | TBD | TBD |
Actinver | Valentín Mendoza | vmendoza@actinver.com.mx | TBD | TBD |
Morgan Stanley | Nikolaj Lippmann | nikolaj.lippmann@morganstanley.com | TBD | TBD |
Bank of America Merril Lynch | Carlos Peyrelongue | carlos.peyrelongue@baml.com | TBD | TBD |
Information Stock
Price and Graph
Shareholding Structure
Press Releases
2024
Promotora de Hoteles Norte 19 Anuncia sus Indicadores Hoteleros Correspondientes a julio del 2024
Promotora de Hoteles Norte 19 Anuncia sus Indicadores Hoteleros Correspondientes a junio del 2024
Promotora de Hoteles Norte 19 Anuncia sus Indicadores Hoteleros Correspondientes a mayo del 2024
Promotora de Hoteles Norte 19 Anuncia sus Indicadores Hoteleros Correspondientes a abril 2024
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a marzo 2024
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a febrero 2024
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a enero 2024
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a diciembre 2023
2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a noviembre 2023
Hoteles City Express Anuncia la Apertura del hotel City Express by Marriott Cancún Aeropuerto
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a octubre 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a septiembre 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a agosto 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a julio 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a junio 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a mayo 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a abril 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a marzo 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a febrero 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a enero 2023
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a Diciembre 2022
2022
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a noviembre 2022
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a octubre 2022
Hoteles City Anuncia Una Relación Estratégica y La Venta de sus Marcas a Marriott International
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a septiembre 2022
Hoteles City Express Aclara Sobre las Notas Periodísticas Publicadas el Día de Hoy
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a agosto 2022
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a julio 2022
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a junio 2022
Hoteles City Express Anuncia Firma de Promesa de Compra Venta de un Terreno en Puerto Montt, Chile
Hoteles City Express Anuncia la Adhesión del Banco ICBC al Crédito Sindicado
Hoteles City Express Anuncia la Venta de un Terreno en Cancún, Quintana Roo
Hoteles City Express Anuncia sus Indicadores Hoteleros Correspondientes a abril y mayo 2022
Hoteles City Express Anuncia Venta del 50% de la Participación Accionaria del Hotel Ce Chihuahua
Hoteles City Express Anuncia la Salida del Director de Administración y Finanzas
2021
Hoteles City Express Anuncia la Publicación del Aviso de Inicio de Periodo de Preferencia
Hoteles City Express Anuncia el Pago y Asignación de las Acciones del Aumento de Capital
Hoteles City Express Anuncia la Renovación del Contrato de Formador de Mercado con UBS
Hoteles City Express Anuncia el Cierre Definitivo del Hotel City Express Coatzacoalcos
Hoteles City Express Anuncia la Firma del Contrato de Formador de Mercado con BTG Pactual
Hoteles City Express anuncia el Cierre de la Venta del Hotel Carlton en Ciudad de México
Hoteles City Express Anuncia la Firma de la Promesa Vinculante de Venta de un Terreno en Reynosa
Hoteles City Express Anuncia la Firma y Cierre de la Venta de un Terreno en Barranquilla, Colombia
2020
Hoteles City Express anuncia el cierre definitivo del hotel City Express Poza Rica
Hoteles City Express Anuncia el Nombramiento de Nuevo Auditor Externo
Hoteles City Express Anuncia el Nombramiento del Ing. Baltasar Artero como Director de Desarrollo
Hoteles City Express Anuncia el Cierre del Proceso de Compra del Hotel City Express Reynosa
Upcoming events
Guests of the World
At Norte 19, we stand out due to our ability to integrate innovative and sustainable solutions that transform the concept of hospitality. Our people are our priority, and we dedicate resources to the development and well-being of each team member. This ensures that they are empowered to deliver the best service to our customers while engaging in practices that protect the environment, promote community well-being, and ensure equitable progress.
Our platform that houses the sustainable programs and actions that Norte 19 carries out to make a positive impact on society and increase the economic and social well-being of the communities where it is present and reflects the essence, values, and philosophy of Norte 19.
Learn more about our actions in the
Sustainability Report 2023
Manifest
In Norte 19 we believe that we are all guests of this world and what really matters is that following our stay we leave a positive footprint for the future. This is how Norte 19, through the development and operation of national and international hotels, reaffirms its sustainable commitment, which distinguishes it as the first company in Mexico to implement sustainable measures in the services it offers.
Goals for 2025
Increase the participation of hotels incorporated in the portfolio under the environmental volunteer program by 80%.
Implement initiatives that support our carbon capture and mitigation strategy.
Reduce gas consumption by 5%, water consumption by 4%, and electricity consumption by 3%.
Support the global commitment to halve emissions by 2030 and achieve net zero by 2050 - Glasgow Declaration.
Continue with the organizations active commitment to the incorporation and monitoring of international ESG (Environmental, Social, and Governance) standards.
Our Sustainable Model
Consider 3 strategic themes
Our 2023 achievements
Social investment of 4.8 million pesos, allocating 60% in kind with the donation of 1,922 nights of accommodation, and the remaining 40% as an economic investment for social projects and emissions offsets.
We generated alliances with 30 organizations and institutions that work for the benefit of the environment and society.
We reduced water use by 2.37%. By the end of 2023, we operated 43 hotels using natural gas, which will enable us to implement initiatives which support the energy transition.
We encouraged the participation of 989 volunteers from 100 hotels through our Environmental Volunteer Program.
Our actions contributed to the advancement of the 17 Sustainable Development Goals (SDGs) established in the 2030 Agenda of the UN (United Nations).
Our certification catalog
Sustainability Reports
Informe de Sostenibilidad 2023
Informe de Sostenibilidad 2022
Informe de Sostenibilidad 2021
Informe de Sostenibilidad 2020
Informe de Sostenibilidad 2019
Informe de Sostenibilidad 2018
Informe de Sostenibilidad 2017
Informe de Sostenibilidad 2016
Informe de Sostenibilidad 2015
Policies
Assembly | Convocation | Resolutions | Annexes |
---|---|---|---|
Asamblea General Anual Ordinaria y Extraordinaria de Accionistas 25 de Abril del 2024 | Download | Download | Download |
Asamblea General Anual Ordinaria de Accionistas 27 de Abril del 2023 | Download | Download | Download |
Asamblea General Anual Ordinaria de Accionistas 27 de Abril del 2022 | Download | Download | Download |
Asamblea General Ordinaria de Accionistas 21 de Julio del 2021 | Download | Download | Download |
Asamblea General Anual Ordinaria de Accionistas 21 de abril de 2021 | Download | Download | Download |
Asamblea el 29 de Abril de 2020 | Download | Download | Download |
Asamblea del 24 de Abril de 2019 | Download | Download | |
Asamblea del 25 de Abril de 2018 | Download | Download | |
Asamblea del 15 de Febrero de 2018 | Download | Download | Download |
Asamblea del 27 de Abril de 2017 | Download | Download | |
Asamblea del 20 de Abril de 2016 | Download | Download | |
Asamblea del 22 de Abril de 2015 | Download | Download | |
Asamblea del 24 de Septiembre de 2014 | Download | Download | |
Asamblea del 23 de Abril de 2014 | Download | Download | |
Asamblea del 5 de Diciembre de 2013 | Download | Download |
Board members
Our Board of Directors is responsible for the management of our business. It meets at least once every quarter, and can do so extraordinarily as necessary. It currently consists of 11 main members, 10 of which are independent.
The following chart sets forth our current directors and their alternates, as applicable, per their appointment by our shareholders' meeting.
Luis Barrios
President, Co-founderLeonardo Schlesinger
Chief Executive OfficerAlberto Granados
Chief Operating OfficerSantiago Parra
Chief Financial OfficerCarlos Adams
Chief New Projects OfficerPaulina Mendoza
Chief Marketing OfficerBaltasar Artero
Chief Construction and Development OfficerFrancisco José Fabregat
Chief Information Officer (CIO)Danae Zamora Solorio
Chief Commercial OfficerMarco Saccucci
Chief Legal OfficerSandra Ávalos
Chief Human Resources Officer Mexico-LATAMAdolfo Márquez
Chief Security OfficerMónica Narro
Deputy Director of Public RelationsMaría Heidy de la Cruz Salas
Corporate Sustainability ManagerDownload our
Social statutes
Corporate Governance Policies
Norte 19 has policies and guidelines that regulate the activities that its personnel carry out as part of their daily activities, directly or indirectly with a public official, government employee, national or international public organization, or with a member of a political party, or a candidate for public office, any government department or agency, or any official or employee of a government-owned company.
Code of Ethics
Through the Code of Ethics, we instituted a framework of behavior that outlines the principles that drive our company. The Code of Ethics is a mechanism to prevent corruption at any level. It is available for consultation here, as well as being distributed in various internal communication channels, public materials, statements to the media, bids with suppliers, among others, and is applicable to all our stakeholders.
Download code of ethicsComplaint line
Norte 19 has a policy that regulates the Complaints Procedure in detained form. This policy seeks to be a guide to support our employees in reporting illegal activities or activities that conflict with the guidelines of any of the internal policies or Code of Ethics of the organization.
Complaints Procedure
The complaint must be reported no later than 15 days after the event so that it receives the proper attention.
The complaint must be sent in writing to:
denuncias.norte19@norte19.comSubject: Complaint
Or by phone
México: 01-800-1223-3312
Colombia: 01-800-752-2222
Costa Rica: 0-800-054-1046