16 tourism projects worth over US $3 billion under way in Riviera Nayarit-Mexico
Source：mexico news daily
From：Taiwan Trade Center Mexico
Update Time：2020/01/25
Tourism investment continues to flow into the Riviera Nayarit, a region also known as Mexico’s Pacific Treasure.
Sixteen new hotels, resorts and residential projects are scheduled to be completed on the Nayarit coast between next year and 2025, while two projects were finished last month.
The 268-room Marival Armony resort opened in Punta Mita in November and the 678-room Riu Vallarta resort re-opened after an extensive refurbishment.
Five projects will conclude in each of 2020 and 2021, while a further seven are expected to be completed between 2022 and 2025.
Those set for completion next year are Aurberge’s 59-suite Susurros Del Corazón resort in Punta Mita; a 325-room Conrad by Hilton resort in Litibú; the 145-villa One & Only residential development in Mandarina; a 92-room resort by Barceló in Nuevo Vallarta; and the 50-room Four Seasons resort in Punta Mita, which is being renovated.
A total of 1,635 new rooms will open in 2021 at the Secrets Resort & Spa in Punta Mita, the Dreams Resort & Spa in the same location, the Ritz Carlton Reserve in Costa Canuva, the Iberostar Grand in Litibú and the Vidanta World Park in Nuevo Vallarta.
All told, investment in the projects is about US $3.3 billion, a figure which includes resources provided by the National Tourism Promotion Fund.
“Mexico’s Pacific Treasure is attracting more and more international hotel groups that contribute to its growth in terms of its tourism offerings; we’re glad that investors and developers have the confidence in us to bring in these new premium tourism projects,” said Jesús Carmona, President of the Banderas Bay Hotel and Motel Association and the Riviera Nayarit Convention and Visitors Bureau.
“The destination had a very successful 2019 and welcomed more than 2.7 million visitors; Mexico was the main country of origin, followed by the United States, Canada, England and South America,” he added.
Source：https://mexiconewsdaily.com/news/16-tourism-projects-under-way-in-riviera-nayarit/