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Friday, May 26, 2023

Vacation Inn Membership Holidays Acquires 4 Resorts in Mexico from Royal Resorts, Marks First Worldwide Growth for the Firm

ORLANDO, FLA. – Vacation Inn Membership Holidays Included, a number one trip possession firm and associate of IHG® Accommodations & Resorts (IHG), introduced immediately that it has acquired 4 scenic beachfront resorts situated in Cancun, Playa del Carmen and the Riviera Maya, Mexico from Royal Resorts®, a pioneer within the Mexican Caribbean tourism business. The acquisition additionally contains most of Royal Resorts’ associated corporations and its company operations. These resorts will likely be Vacation Inn Membership Holidays Included’s first properties situated exterior the US, additional broadening Vacation Inn Membership Holidays’ and IHG’s resort footprint and offering visitors with elevated selection in leisure locations.

The 4 award-winning, family-friendly resorts acquired by Vacation Inn Membership Holidays Included – The Royal Sands®, The Royal Cancun®, The Royal Haciendas® and Grand Residences by Royal Resorts® – collectively will add greater than 850 villas to the corporate’s rising portfolio of vacation spot resorts. The corporate expects it would take roughly one yr to totally combine the resorts, and through this course of, the resorts will proceed to function usually.

As soon as full, IHG Accommodations & Resorts prospects will have the ability to ebook these properties by way of IHG and revel in advantages of IHG’s loyalty program – IHG One Rewards – together with the power to earn and redeem factors for resort stays. These properties will be a part of IHG’s world community of 18 manufacturers and greater than 6,000 resorts globally, including beautiful household journey locations to IHG’s rising model portfolio.

John Staten, President and Chief Govt Officer, Vacation Inn Membership Holidays Included, acknowledged: We couldn’t be extra enthusiastic about this information and what it means for Vacation Inn Membership Holidays, and most significantly, the households that journey with us. This acquisition is aligned with our development roadmap the place rising visitor love and our resorts are two interconnected foundational pillars supporting our all-encompassing mission to be probably the most liked model in household journey. With 4 unbelievable resorts situated all through one of many quickest rising household journey locations on the earth – the scenic Mexican Caribbean – the acquisition brings a completely new, all-inclusive expertise to our homeowners, Membership members and visitors.

Keith Barr, Chief Govt Officer, IHG Accommodations & Resorts, stated: Visitors all over the world will now have much more thrilling decisions so as to add to their journey plans whereas additionally having fun with the wealthy advantages of our IHG One Rewards program for his or her present and future stays. The addition of those award-winning resorts additionally demonstrates the energy of the Vacation Inn model household and, definitely, founder Kemmons Wilson’s unwavering imaginative and prescient to create a greater approach to trip lives on immediately.

Spence Wilson, Board Chairman, Vacation Inn Membership Holidays Included, commented: Since my father began Vacation Inn Membership Holidays greater than 40 years in the past, there have been many important development milestones alongside the best way. Few can prime immediately’s announcement—our first enlargement exterior the US. I’m extremely pleased with our group and look ahead to a future that’s brighter and much more thrilling as we welcome the Royal Resorts group and their homeowners, members and visitors into our household.

Dr. Kemil Rizk, Chief Govt Officer and President of Royal Resorts, added: We imagine that it’s a excellent match, and we couldn’t ask for a greater associate to proceed our legacy since welcoming our first visitors in 1978. Like us, Vacation Inn Membership Holidays is a pioneer firm with a family-oriented resort assortment and a fame for excellent service and high quality. Vacation Inn Membership Holidays is devoted to offering memorable trip experiences for households – one thing that aligns completely with the Royal Resorts mission and values, our factors based mostly and glued week trip possession memberships and our group’s on a regular basis dedication to high quality service.

The transaction was reviewed and obtained approval from the Anti-Belief Fee (Comisión Federal de Competencia Economica, COFECE) of the Mexican authorities. As a part of a separate settlement, Tortuga Resorts UK Restricted is buying the entities which personal and function the remaining Royal Resorts properties – The Royal Islander® and Royal Uno® All Inclusive Resort & Spa.

Concerning the award-winning resorts Vacation Inn Membership Holidays Included is buying from Royal Resorts

The Royal Sands – Situated in Cancun, the 17-acre resort has 340 two-bedroom villas, three swimming pools and a youngsters’s pool, 4 eating places, three bars, a health heart, spa, supervised youngsters membership, exercise heart, a lagoon-side marina for sailboats and kayaks, a resort retailer, espresso store and an on-site journey company, together with seaside entry.

The Royal Cancun – Situated on Cancun’s north shore with views out over the bay and Isla Mujeres, the 7 -plus-acre resort has 201 two-bedroom villas and two swimming pools, two full-service eating places and two bars. It additionally has a health heart, tennis courts, exercise heart and supervised youngsters membership together with a journey company, comfort retailer and present store. The resort has entry to a seaside that’s excellent for youngsters. Different common actions on the resort are snorkeling, sail boating and kayak journeys.

The Royal Haciendas – Situated within the Riviera Maya, 5 minutes to the north of Playa del Carmen, the 23-plus acre resort has 252 two-bedroom villas with whirlpool tubs on the non-public balconies and options 4 swimming pools, 4 full- service eating places and 5 bars. It additionally has a spa, health heart, magnificence salon, dive heart, journey company, exercise heart, supervised youngsters membership, youngsters’s pool with an aqua play space, 4 massive whirlpool tubs on the pool deck, tennis courts and a comfort retailer. The resort is nestled on the shores of a bay within the CoraSol resort neighborhood and is inside strolling distance of a golf course.

Grand Residences by Royal Resorts – Additionally situated to the south of Cancun within the tranquil waterfront village of Puerto Morelos, Grand Residences by Royal Resorts gives beachfront luxurious. The 13-plus acre resort has 62 villas with two, three or 4 bedrooms. The spacious, elegantly furnished items have tropical hardwood furnishings, state-of-the-art home equipment and facilities, non-public terraces, spa loos and jacuzzies. Some bigger items even have non-public plunge swimming pools and gardens. The resort options 4 swimming pools, two eating places, a seaside grill and bar, pool bar, a foyer bar café, health heart, spa, each day actions, supervised youngsters membership, tennis courts and a connoisseur meals market.

A short video overview of the resorts Vacation Inn Membership Holidays is buying might be discovered right here.

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