Cancun’s Hilton Hotel goes for $31.5 million
Hotel chain RLJ Development trumpeted the buyout of the 426-room Hilton Cancun Beach & Golf Resort for approximately $31.5 million. RLJ president and CEO Robert L. Johnson said to be excited about the addition of this property to the company’s hotel stock made up of a dozen establishments and ten other Hilton assets, and counting.
The company also runs 2,100 small vacationers’ resorts. Its portfolio includes some of the finest and best-known hotel brands such as Hilton, Doubletree, Embassy Suites Hotels and Hampton Inn, among other widely known chains around the globe.
In line with the released information, the compound will take over 60 acres of the hotel area and reflects the “splendor of old-timed Mayan architecture” bathed by the Caribbean Sea. The project also includes a “manicured” marine park and a golf course hemmed in by archeological sites.
Dieter Huckestein, president of those hotels run, owned or managed by Hilton Hotels Corp., said the goal with this new addition is “to expand our presence in the country.”
“We’re excited with the possibility of running the Hilton Cancun Beach & Golf Resort and adding this property to our stock of deluxe hotels which includes acquisitions in Mexico’s Los Cabos, Tucson (Arizona) and Myrtle Beach, also in the U.S.,” he pointed out.
The Hilton Cancun Beach & Golf Resort offers 426 oceanfront rooms, including 16 junior suites, six master suites and one presidential suite, some of them with balconies and private terraces.
This nine-story lodging facility ranked in the Grand Tourism category is equipped with three restaurants, seven pools, sixteen halls and a couple of bars. It’s located on Milestone 17 of the Kukulcan Road by the Nichupte Lagoon and features an 18-hole golf course. El Rey Archeological Site abuts the compound.
The golf course, the facility and the surrounding premises –which will feature the building of a second stage anytime soon- embrace a total of 100 acres. The compound had its grand opening in 1994 under the name Caesar Park, only to be renamed as the Hilton Cancun Beach & Golf Resort back in 1998.
