The beachfront, all-inclusive RIU Yucatan, located in Playa del Carmen, Mexico will start a $10 million renovation this April. Rooms, restaurants and even the swimming pool will receive makeovers. Built in 1997, the hotel´s doors will reopen July 2005.
RIU Yucatan will look and feel like a new resort, stated Miguel Violan, Communications Manager at RIU Hotels and Resorts.
Portugal´s Dorisol Hotels wants to be running ten lodgings in Brazil by the year 2015, the company´s President and CEO Antonio Fernandez said in an interview published in Diario Economico.
Dorisol has already bought the Recife Sheraton Hotel in that Brazilian city and is gunning for management of the Esplanada Resort, also in Recife
The expansion of NH Hotels, the Spanish chain, is reaching out to MERCOSUR nations -Argentina, Brazil, Paraguay and Uruguay, plus Bolivia and Chile- and getting stronger in the Caribbean, said Gabriele Burgio, the company´s president and CEO.
Mr. Burgio indicated his chain has sported good growth numbers in those nations for a third year in a row, especially in Argentina, where NH Hotels has chalked up a spectacular 35.3 percent increase in the first quarter of this year.
Group Metro has just unveiled a plan to talk customers and associates into buying suites in its hotels, many of them as large as European-style flats. Payment conditions include the possibility of direct financing options granted by the company without any banking intervention whatsoever.
The new modality was informed by Metro´s General Manager Luis Jose Asili who explained the company has already sold 40 of the 126 rooms up for grabs.
Portugal´s Dorisol Hotels wants to be running ten lodgings in Brazil by the year 2015, the company´s President and CEO Antonio Fernandez said in an interview published in Diario Economico.
Dorisol has already bought the Recife Sheraton Hotel in that Brazilian city and is gunning for management of the Esplanada Resort, also in Recife.
Highland Hospitality Corporation, a lodging real estate investment trust, or REIT, announced today that it has acquired the 332-room Tucancun Beach Resort and Villas located in Cancun, Mexico, for approximately $31 million, plus customary closing adjustments, or approximately $93,400 per room.
The Company purchased the hotel from a private seller based in Mexico. Barceló Hotels and Resorts, a global lodging company based in Spain, will manage the beachfront property as an all-inclusive resort under the Barceló brand name.