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Friday, 26 May 2023

Holiday Inn Club Vacations Buys Four Royal Resorts in Mexico

(26/05/23)  Holiday Inn Club Vacations, a vacation ownership company and partner of IHG, has acquired four beachfront resorts in Cancun, Playa del Carmen and the Riviera Maya, Mexico from Royal Resorts.

The resorts, Holiday Inn Club Vacations’ first properties located outside of the United States are The Royal Sands, The Royal Cancun, The Royal Haciendas and Grand Residences by Royal Resorts.

“Since my father started Holiday Inn Club Vacations more than 40 years ago, there have been many significant growth milestones along the way. Few can top this announcement - our first expansion outside the United States,” said Spence Wilson, Board Chairman, Holiday Inn Club Vacations Incorporated. “I am incredibly proud of our team and look forward to a future that is brighter and even more exciting as we welcome the Royal Resorts team and their owners, members and guests into our family.”

The Royal Haciendas Resort in Riviera Maya, five minutes to the north of Playa del Carmen, Mexico.. Click to enlarge.
The Royal Haciendas Resort in Riviera Maya, five minutes to the north of Playa del Carmen, Mexico.

The company expects it will take approximately one year to fully integrate the resorts, and during this process, the resorts will continue to operate normally.

Collectively, they will add more than 850 villas to the company’s growing portfolio of destination resorts.

Once complete, travellers will be able to book the properties through IHG and enjoy benefits of IHG’s loyalty program, One Rewards, including the ability to earn and redeem points for hotel stays.

“We couldn’t be more excited about this news and what it means for Holiday Inn Club Vacations, and most importantly, the families that travel with us,” said John Staten, President and Chief Executive Officer, Holiday Inn Club Vacations Incorporated. “This acquisition is aligned with our growth roadmap where growing guest love and our resorts are two interconnected foundational pillars supporting our all-encompassing mission to be the most loved brand in family travel. With four incredible resorts located throughout one of the fastest growing family travel destinations in the world – the scenic Mexican Caribbean – the acquisition brings an entirely new, all-inclusive experience to our owners, Club members and guests.”

The acquisition also includes most of Royal Resorts’ related companies and its corporate operations, and has already been reviewed and received approval from the Anti-Trust Commission (Comisión Federal de Competencia Economica, COFECE) of the Mexican government.

As part of a separate agreement, Tortuga Resorts UK Limited is acquiring the entities which own and operate the remaining Royal Resorts properties – The Royal Islander and Royal Uno All Inclusive Resort & Spa.

The Four Properties to Become Part of Holiday Inn Club Vacations and IHG:

The Royal Sands

Located in Cancun, the 17-acre resort has 340 two-bedroom villas, three pools and a children’s pool, four restaurants, three bars, a fitness center, spa, supervised kids club, activity center, a lagoon-side marina for sailboats and kayaks, a resort store, coffee shop and an on-site travel agency, along with beach access.

The Royal Cancun

Located on Cancun’s north shore with views out over the bay and Isla Mujeres, the 7 to 8-acre resort has 201 two-bedroom villas and two pools, two full-service restaurants and two bars. It also has a fitness center, tennis courts, activity center and supervised kids club along with a travel agency, convenience store and gift shop. The resort has access to a beach where popular activities are snorkeling, sail boating and kayak trips.

The Royal Haciendas (pictured above)

Located in the Riviera Maya, five minutes to the north of Playa del Carmen, the 23-plus acre resort has 252 two-bedroom villas with whirlpool tubs on the private balconies and features four pools, four full-service restaurants and five bars. It also has a spa, fitness center, beauty salon, dive center, travel agency, activity center, supervised kids club, children’s pool with an aqua play area, four large whirlpool tubs on the pool deck, tennis courts and a convenience store. The resort is nestled on the shores of a bay in the CoraSol resort community and is within walking distance of a golf course.

Grand Residences by Royal Resorts

Also located to the south of Cancun in the tranquil waterfront village of Puerto Morelos, Grand Residences by Royal Resorts offers beachfront luxury. The 13-plus acre resort has 62 villas with two, three or four bedrooms. The spacious, elegantly furnished units have tropical hardwood furniture, state-of-the-art appliances and amenities, private terraces, spa bathrooms and jacuzzies. Some larger units even have private plunge pools and gardens. The resort features four pools, two restaurants, a beach grill and bar, pool bar, a lobby bar café, fitness center, spa, daily activities, supervised kids club, tennis courts and a gourmet food market.

“We believe that it is a perfect fit, and we could not ask for a better partner to continue our legacy since welcoming our first guests in 1978,” said Dr. Kemil Rizk, Chief Executive Officer and President of Royal Resort. “Like us, Holiday Inn Club Vacations is a pioneer company with a family-oriented resort collection and a reputation for outstanding service and quality. Holiday Inn Club Vacations is dedicated to providing memorable vacation experiences for families – something that aligns perfectly with the Royal Resorts mission and values, our points based and fixed week vacation ownership memberships and our team’s everyday commitment to quality service.”

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