Riviera Maya continues to fuel investors, growth

Posted By on June 9, 2015

Tourist interest continues to fuel hotel growth throughout Mexico, and in particular, the Riviera Maya. Large hotel chains such as Posadas, City Express, Starwood and Marriott have already begun developing ways to expand their presence in the state of Quintana Roo.Riviera Maya continues to attract investors

According to Datatur, an industry specialist, the last five years have seen domestic and international tourist arrivals increase by 27.3 percent. The first quarter of 2015 saw an increase to 19.76 million, up from 15.52 million during the same period in 2010.

According to El Financiero, among the companies that have plans to develop or expand their capacity in the state are House Inn, Las Brisas, Le Blanc and Moon Palace, Pueblo Bonito, Original Resort, Grupo Habita and Vidanta. The Coppel family, owners of the large consumer chain store among other enterprises, also plan to settle in the Mexican Caribbean with investments between $350 to $500 million dollars.

Sandor Winkler, Vice President of Development Palace Resort, said that over the next five years, they intend to double the number of available rooms, especially in the markets of the Mexican Pacific and Caribbean countries.

Original Resort representative, Ana Patricia de la Peña, says that they have plans to completely remodel the hotel and open an additional 100 rooms in the Temptation Hotel which currently operates 384 rooms.

She added that they also intend to expand Temptation and Desire hotels into other Mexico destinations as well as Punta Canad,Dominican Republic, Miami and Europe by 2016.

“It’s an extraordinary time to invest in Mexico,” she said.

Other interested entrprenurial hopes include a complex by Grupo Habita, led by Rafael Micha, with a budget of $12 million US. They have plans to build three hotels in the next three years, while Vidanta’s Daniel Chavez, who also owns Mayan Palace brand, has a plan for 948 million peso tourist developments located in the Riviera Maya, Riviera Nayarit, Los Cabos, Puerto Penasco and Acapulco.

Leave a Reply

Your email address will not be published.