Royalton opens its first two resorts in Cancun

Exclusive Milla de Oro zone projected to be the next ‘gold mine of the Caribbean’

By Fernanda Duque Hernandez Monday, February 23, 2015 comments

Exclusive Milla de Oro zone projected to be the next ‘gold mine of the Caribbean’

The evening of February 20th, Quintana Roo state governor, Roberto Borge Angulo and Stephen Hunter, CEO of Sunwing Travel Group, attended the dual grand opening of Royalton Riviera Cancun Resort & Spa and Hideaway in Royalton Riviera Cancun, two resorts located in the exclusive zone known as la Milla de Oro (lit. the Golden Mile).

These All-In Connectivity and All-In Luxury resorts boast 1,183 suites for families as well as adults only. Guests will have access to exclusive beach areas, 12 thematic bars, a night club and a business and convention center with capacity for 700 people.

The Canada-based Sunwing Travel Group invested USD $250 million for the construction of these resorts, which have become the first to be built on the Milla de Oro, located just a few minutes from Cancun International Airport (CUN). According to Carlos Gosselin, president of Cancun’s Hotel Association, in the next three years the Golden Mile will have around 12,000 rooms collectively.

Royalton Riviera Cancun Resort Spa

Antonio Herrera Lugo, Commercial Director of Blue Diamond Hotels and Resorts (which will be handling the operation of the resorts) stated that Mexico was an excellent option to invest, thanks to the support of the Mexican Government’s National Bank for Foreign Trade of Mexico (Bancomext). He agreed that the natural wonders of the Mexican Caribbean would be key to Royalton’s success.

The resort, which has already created around 2,000 direct jobs, has projected that from this month to the end of the year, Royalton Riviera Cancun Resort & Spa will have an 80% of occupancy.

Representing Enrique de la Madrid, Bancomext’s current General Director, Mexico’s Federal Director of Finance, Gerardo Corona, stated that Cancun and the Riviera Mayaare true gold mines for international investments in Mexico. He also made a reference to Bancomext having directed US $532 million in tourism investment in 2014.