PUERTO VALLARTA, Mexico— Black Creek Mexico recently announced that affiliates of Alojica, a BCM-sponsored investment platform, have purchased the Marriott Puerto Vallarta Resort and Spa from an affiliate of Marriott International. The 433-room beachfront resort, located in Puerto Vallarta, Mexico, is managed by an affiliate of Marriott International under a long-term Marriott Hotels and Resorts agreement.
Sitting on five hectares of beachfront land overlooking the Bay of Banderas, Marriott Puerto Vallarta Resort and Spa features 433 guest rooms and suites, six restaurants and bars as well as 8,800 square feet of meeting space. The hotel is in the exclusive Marina Vallarta area and situated only a few minutes from the Puerto Vallarta International Airport and downtown Puerto Vallarta, which offers a variety of artistic, culinary and entertainment offerings.
Alojica plans for the property to undergo a transformational capital improvement project to convert the property into All-Inclusive by Marriott Bonvoy. Planned improvements include a comprehensive renovation of all guest rooms and the addition of swim-up pool rooms, a reimagining of the food and beverage offerings, and a new master plan to expand and enhance the hotel’s pools, spa, fitness, landscaping and other recreational amenities around newly designed public areas.
“All-inclusive resorts are among the fastest growing hotel asset classes globally and in Mexico in particular, and we are very excited to join forces with Marriott International to accelerate their All-Inclusive by Marriott vision,” said Marta Molina-Seal, managing partner of Alojica.
Together with the neighboring The Westin Resort and Spa, Puerto Vallarta, which Alojica acquired last year and where renovations are underway, the Marriott Puerto Vallarta will redefine the guest experience with the introduction of new and complementary all-inclusive offerings over the next few years.
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