Fibra Inn Buys Staybridge Suites Guadalajara Expo and Arriva Express Guadalajara Plaza del Sol Expo

. August 19, 2015

MONTERREY, ME. August 19, 2015 - Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) ("Fibra Inn" or "the Company"), the Mexican real estate investment trust specializing in the hotel industry serving the business traveler with international brands, announced today the acquisition of the Staybridge Suites Guadalajara Expo and Arriva Express Guadalajara Plaza del Sol Expo hotels, located in the state of Jalisco for Ps. 283.9 million.

Staybridge Suites Guadalajara Expo

Fibra Inn paid Ps. 133.6 million, plus an allocation of Ps. 8.9 million towards property improvements and additionally Ps. 4.7 million for taxes and acquisition-related expenses. Additionally, the Company will. The projected cap rate is 9.54% for the 2015-year end period.

The hotel operates 117 rooms in the extended stay segment and Fibra Inn operates this property. The Staybridge Suites Guadalajara Expo has an occupancy rate of 73.5%, an average daily rate of Ps. 1,097.4 and a RevPar of Ps. 806.6 for the accumulated January to May 2015 period.

Fibra Inn adds a fourth business division, the extended stay segment, in order to broaden its service options for business travelers that require lodging for periods exceeding 5 days, for several weeks or even months. This segment has great growth potential, as it is currently not highly developed in Mexico. The rooms have lower operating costs compared to hotels with higher guest turnover; which makes profitability margins attractive.

Arriva Express Guadalajara Plaza del Sol Expo

The acquisition price was Ps. 141.4 million, plus Ps. 4.9 million for taxes and acquisition-related expenses. The hotel will undergo a brand name change, to be defined in 2016, as well as the conditioning of 15 additional rooms, for which the Company has budgeted Ps. 38.0 million. The projected cap rate is 10.23% for the 2017-year end period.

This is a select service hotel with a total of 181 rooms, of which 166 are currently under operation. Fibra Inn is operating this hotel. For the January to May accumulated period of 2015, this hotel had occupancy rate of 44.3%, an average daily rate of Ps. 774.6 and a RevPar of Ps. 343.1.

The properties will be paid from with the funds obtained from the bank credit line; the titling will take place in the coming weeks.

Fibra Inn acquired these properties for the following business reasons:

• Location: Guadalajara is the second-largest metropolis in Mexico. Its strategic location in the western part of the country, near the Bajio region, gives it a competitive advantage due to its proximity to the most active industrial cities with a significant population density. These properties are located near the Expo Guadalajara; the most recognized venue for meetings and conventions in the country, which has generated historic records in terms of occupancy and attendance in recent years.

• Diversified Industry: This city's economy is supported by a large number of technology, manufacturing and corporate companies in the region, including: IBM, Continental Automotive, GAP, Sanmina, Flextronics, Honda, Nestle, Hewlett Packard, Gruma and Cemex.

• Group Demand: Currently, there is demand from groups and meetings during the weekends from both domestic and international travelers.

• Hotel Demand: There exists a large demand for hotel rooms, divided between various sectors and serviced by a large number of domestic and international hotel chains.

• Potential Industry: The Creative Digital City project is geared towards creating and strengthening the digital design, software, cinema and video games industry. This project is expected to generate approximately 20,000 new jobs in the next 15 years and will attract international companies to the area.

With these acquisitions, Fibra Inn has a portfolio of 35 hotels in operation and two hotels under development, with a total of 6,238 rooms; 531 of these are currently under construction.

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

About Fibra Inn

Fibra Inn is a Mexican trust formed primarily to acquire, develop, operate and rent a broad range of hotel properties in Mexico. Headquartered in Monterrey, Fibra Inn has a portfolio of high-quality real estate properties aimed at the business traveler and that are geographically diversified throughout Mexican territory. The Company has signed Franchise Agreements with IHG to operate its global brands, including: Holiday Inn, Holiday Inn Express, Holiday Inn & Suites, Holiday Inn Express & Suites, Crowne Plaza and Staybridge Suites; with Wyndham Hotel Group to operate its global brands Wyndham Garden and Microtel Inn & Suites by Wyndham. Additionally, it has licensing agreements and brand usage agreements with Hilton to operate its brand Hampton Inn by Hilton and with Starwood Hotels & Resorts Worldwide to operate the Aloft brand. The Company has properties that operate with domestic brands like Camino Real, Casa Grande and Arriva Express. Additionally, Fibra Inn has agreements with IHG, Marriott International, Wyndham Hotel Group and Hoteles City Express for development of properties. These hotels enjoy some of the industry's top loyalty programs. Fibra Inn recently listed its Real Estate Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or "CBFIs") on the Mexican Stock Exchange and trades under the ticker symbol "FINN13". For more information, please visit our website: www.fibrainn.mx

Contact: In Monterrey, Mexico:
Lizette Chang, IRO
Fibra Inn
[email protected]
52 1 (81)1778-5926

Contact: In New York:
Maria Barona
i-advize Corporate Communications, Inc.
[email protected]
(212) 406-3691/92

Melanie Carpenter
i-advize Corporate Communications, Inc.
[email protected]
(212) 406-3691/92

Business Contact:

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