Grupo Garza Ponce and State of Mexico. This new construction was intended to take place next to the Mexico City International Airport, which was needed additional space to reduce traffic saturation. The design of the new airport was done by Norman Foster, the owner of Foster and Partners, along with Mexican architect Fernando Romero, relative of Mexican billionaire Carlos Slim. Slim's construction company Grupo Carso was also among the bidders. The value of the project was estimated to be at around US$9.12 billion. Mexico's Secretary of Communications and Transportation Gerardo Ruiz Esparza stated that the government of President Enrique Peña Nieto (2012–2018) likely
Grupo Posadas sold its South American brands Caesar and Caesar Business to Accor Hotels. This appears to be a refocusing on the Mexican hospitality industry. Fiesta Rewards is Grupo Posada's frequent traveler program for its hospitality brands. Grupo Posadas Grupo Posadas SAB de CV or Posadas is a Mexican hotel company based in Mexico City. It owns, leases, operates and manages hotels, resorts and villas in its 6 different brands. To December 31, 2013 Grupo Posadas operates and controls 110 hotels and resorts with a total of 18.943 rooms in 45 cities in Mexico and the United States. The only destination outside