– MEXICO, Mexico City – Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV: HOTEL), one of the leading companies of the hotel industry in Mexico, today announced the addition of real estate pioneer Jorge M. Pérez to its Board of Directors.
The announcement comes shortly after Pérez and his family, via his Declaration of Trust, reached ten percent of HOTEL’s outstanding shares.
“We are very proud of having Jorge on our Board of Directors and look forward to collaborating with him as his vast experience brings significant value to the table,” said Board Chairman.
About Jorge M. Pérez
Pérez, who currently serves as Chairman and CEO of Miami-based The Related Group brings with him over 40 years of real estate development experience including some iconic hotel developments. Through Related and other ventures, Pérez has developed, rehabilitated and managed well over 100,000 individual units across several countries.
Over his career, Pérez has come to be recognized for his ability to identify untapped markets and a tireless commitment to improving each community he enters. By placing a heavy emphasis on integrating offerings that bring positive value to entire communities, including museum-quality art, Pérez has played a critical role in establishing some of the most desirable residential neighborhoods in South Florida and beyond, exponentially rising real estate values in the process.
“It is a great honor to join a team as accomplished and respected as HOTEL,” said Pérez. “While we may be navigating through uncharted waters at the moment, I am confident this is also a time to identify and move on new opportunities. I look forward to working with the rest of the Board to continue HOTEL’s tradition of excellence.”
Jorge M. Pérez, Chairman and CEO of The Related Group has been at the forefront of South Florida’s complex urban evolution for over 40 years. A commitment to ‘building better cities,’ and a natural ability to identify emerging trends has made him one of the most trusted and influential names in real estate. Related, as the largest multifamily developer in the State of Florida and one of the largest in the United States, is armed with a dynamic selection of land parcels, new financing techniques, the collective strength of Related’s management team and a pipeline of more than 100,000 residential units.
About HOTEL
HOTEL is a leading company in the Mexican hotel industry, dedicated to the acquisition, conversion, development and operation of its own hotels as well as third parties-owned hotels. The Company focuses on the strategic location and quality, of its hotels, a unique management model, strict expenses control and the Krystal brand as well as other international brands. At the end of year 2019, it had more than 3,700 employees and generated revenues of Ps. 2,238 million.
For more information: http://www.gsf-hotels.com
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