RLH Properties, S.A.B. de C.V. fully internalized its management by terminating the management agreements with certain employees and external advisors in exchange for newly issued shares of common stock in the company. The transaction was approved by the company’s board of directors at the Shareholders Meeting and closed on April 2, 2018.
Duff & Phelps advised the audit and corporate practice committee of the board of directors of RLH Properties.
About RLH Properties, S.A.B. de C.V.
RLH Properties, S.A.B. de C.V. operates as hotel and tourism management and development company in Mexico. The company acquires, constructs and manages luxury and ultra-luxury resorts across Mexico (both hotels and branded residential), including the Four Seasons Hotel in Mexico City. The company was founded in 2013 and its shares of common stock are traded on the Mexican Stock Exchange since November 2015.