Market Overview

Fibra Inn Announces Report of Hotel Indicators for April 2017


Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616
or Fibra Inn ((BMV: FINN13, OTC:DFBRY) ("Fibra Inn" or "the
Company"), a Mexican real estate investment trust internally managed and
specialized in the hotel industry serving the business traveler, today
announced its operating results for its hotel indicators as of April


41 hotels       April 2017       April 2016       Change %
Room Revenue (Ps. millions)       150.4       139.7       7.7%
Occupancy exc. addition of rooms 63.7% 63.5% 0.3 pp
Occupancy 63.1% 63.5% -0.4 pp
ADR (Ps.) 1,211.2 1,129.7 7.2%
RevPar exc. addition of rooms 772.1 717.1 7.7%
RevPar (Ps.)       764.1       717.1       6.6%

The 7.7% increase in Revenue per Available Room (RevPar excluding the
addition of rooms) was the net effect of the 7.2% rate increase. Growth
achieved in 2017 further stands out with the Easter holiday effect,
which took place in April 2017, while for 2016 this took place in March.

Total Sales for April 2017 were:


        April 2017       April 2016       Change %
Number of hotels       42       41      
Room Revenue (Ps. millions) 154.6 138.4 11.7%
Occupancy 62.8% 62.7% 0.1 pp
ADR (Ps.) 1,222.3 1,135.9 7.6%
RevPar       767.5       712.3       7.8%

The same-store sales calculation considers 41 comparable properties, as
the criterion is to include hotels, which have been in Fibra Inn's
portfolio for at least half of the period. In this report, two hotels
were excluded in total. These were: the Courtyard by Marriott Chihuahua
hotel, which is recently built and has no operational history; and the
Arriva Express Hotel Guadalajara, which is temporarily closed due to its
conversion to the AC by Marriott brand.

To date, Fibra Inn has a total portfolio of 43 properties, of which 42
are under operation; the Arriva Express Guadalajara hotel is temporarily
closed due to its conversion to the AC by Marriott brand, which will add
180 rooms to the portfolio. This represents a total of 7,115 rooms, of
which 222 are under construction and 180 are being renovated.
Additionally, Fibra Inn has a minority interest in two properties,
currently being externally developed under the Strategic Hotel
Acquisition Pipeline model, representing 430 rooms.

About the Company

Fibra Inn is a Mexican trust formed primarily to acquire, develop and
rent a broad range of hotel properties in Mexico aimed at the business
traveler. The Company has signed franchise, license and brand usage
agreements with international hotel brands for the operation of global
brands as well as the operation of national brands. Additionally, the
Company has development agreements. These hotels enjoy some of the
industry's top loyalty programs. Fibra Inn trades its Real Estate
Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or
"CBFIs") on the Mexican Stock Exchange under the ticker symbol "FINN13";
its ADRs trade on the OTC market in the U.S. under the ticker symbol

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