Mexican Association of Real Estate Professionals

Puerto Penasco Chapter
Welcome to Mexican Association of Real Estate Professionals Sign in | Help

Rocky Point MLS

Marriott Rocky Point

12-Nov-2008
Business Time
Dario Celis
7358 million dollars will be invested in 31 Marriott hotels in 2013



In the next five years Marriott International Inc. built in our country about five thousand 870 new rooms, which are equivalent to about 31 hotels in different formats.

Through its franchisees, the powerful chain headed by Bill Marriott detonate investment by nearly seven thousand 358 million dollars, since the time of economic recession, it will be a breath of oxygen.

A few days ago she visited here Manuel Ovies. This is a Cuban-born executive with over 15 years in the corporation and vice president of the area from Mexico, Central and South America, except Brazil.

The manager spoke of the more advanced projects. For example, open the morning Marriott Zona Rosa, who will be building on the same site that hosted by the Aristos years. There will start a hotel of 322 rooms.

The partner is Constantino Diaz, who already was negotiated with three others in Santa Fe, Aguascalientes and Merida 250, 286 and 290 rooms each. The first two opened in early 2010 and the second in 2011.

With Eduardo Sanchez Navarro, the Group of Questran, built in Puerto Penasco another 451 rooms will also kick off in early 2011. Only in the Marriott investment will amount to 239.8 billion dollars.

Under the stamp of JW Marriott will have signed two projects with Grupo Xtra more that capitanea Manuel Saba Ades which will involve nearly a hundred million dollars. One will be in the Riviera Maya and one in Nuevo Vallarta.

Each will have 200 rooms and are part of the developments Golden Mile and Three Seas. The first could start construction in early 2009, once Semarnat, which leads Juan Elvira, approved its environmental impact.

Renaissance is another format that will push two hotels with 200 rooms. One will be part of the Golden Mile, in which it participates as Moses Elman, and another in Santa Fe, owned by the same developer.

Each Renaissance cost about $ 40 million, that same investment will be exercised for each Edition, a new format Marriott has just drawn to the luxury segment.

So far signed two Edition, for a Golden Mile in the Riviera Maya and one for Santa Fe with the same Moses Elman. A total of $ 80 million exercise in this brand.

Additionally, with the Costa Rican Caribbean Hospitality fund will be lifted 20 Courtyard in the next five years. The investment is estimated at 240 million dollars to about three thousand rooms.

Caribbean Hospitality, which represents Daniel Campos, will kick off with five Courtyard, which is the format of limited services. In three years will cost about 60 million. Will be in Leon, Puebla, Toluca, Monterrey and San Luis Potosi.

By 2013 Marriott International Inc. estimated to open 31 hotels in different segments, which will generate approximately five thousand direct jobs.

Published Monday, December 01, 2008 7:54 PM by Rocky Point AMPI

Comment Notification

Subscribe to this post's comments using RSS

Comments

No Comments

Leave a Comment

(required)
(optional)
(required)
Submit