IBEROSTAR Hotels & Resorts has continued its strategic plan to expand internationally with the acquisition of a new hotel in Mexico.
The cost of the operation, including purchase and renovation, is over $100 million.
From today, the five-star hotel complex located in Cancun, the benchmark in the Caribbean for both business and leisure tourism, is now officially owned by the Spanish hotel chain.
The new IBEROSTAR Cancun is a beachfront hotel with 426 fully-equipped rooms and villas including, 16 Junior Suites, four Master Suites, one Presidential Suite and two Villa Beach Suites.
For leisure and relaxation, the hotel has seven infinity pools, perfectly integrated into the surrounding gardens.
In addition there is a professional football field, two tennis courts, and a luxurious spa, gym and beauty salon, among other services and amenities.
The hotel complex has a 4,550 sq m Convention Centre, a versatile space, dividable into 22 meeting halls and 10,000 sq m outdoor areas for events and social activities. It is the only hotel in Cancun with an 18-hole golf course - the perfect place for guests to practice their swing whilst taking in the stunning views of the Caribbean Sea.
The Hilton hotel chain will continue running the hotel throughout June and July until it officially closes in August.
At this time, IBEROSTAR will begin a complete modernisation and renovation of the facilities. The hotel, under the name IBEROSTAR Cancun, plans to reopen on 1st December.
Miguel Fluxá, president of the IBEROSTAR Group said: “This investment is another step towards strengthening our presence in the Caribbean and a decisive commitment to quality tourism. Mexico is our priority destination and the acquisition and renovation of IBEROSTAR Cancun perfectly complements the group’s broad offer in Mexico.”