Delta Hotels By Marriott Riviera Nayarit
Marriott International Signs Agreement To Open First All-Inclusive Delta Hotels By Marriott In Riviera Nayarit, Mexico
Marriott International, Inc. (NASDAQ: MAR) announced it has signed an agreement to manage the first all-inclusive Delta Hotels by Marriott resort in the world, signaling that interest by investors for the all-inclusive platform launched by the company in August 2019 continues to be strong. Under the agreement, the current 117-room Grand Matlali Hills Resort & Spa resort, located in Riviera Nayarit (Mexico), is slated to undergo a significant transformation in order to meet the new all-inclusive brand extension concept of Delta Hotels by Marriott and is anticipated to be subsequently rebranded and managed by Marriott International in 2021. The resort is expected to be expanded to 300 rooms by 2023.
Photo by Marriott
Located on a hillside in La Cruz de Huanacaxtle in popular Riviera Nayarit, the 117-room property is set to provide an exciting, new lodging option to visitors and locals once it is converted to the Delta Hotels by Marriott brand. Just 30 minutes from Puerto Vallarta airport, it will feature six food and beverage outlets, a spa, a fitness room, and a beach club, embodying the Delta Hotels by Marriott brand's approach to the all-inclusive experience.
Since 2014 the company has signed over 10,000 conversion rooms to Marriott brands, including Delta Hotels by Marriott Mexico City, signed in December 2019, and Elegant Hotels in Barbados, which the company acquired late last year.
Conversions, which have long been a part of the Marriott growth story, continue to be appealing to the owner and franchisee community. The company has a strong portfolio of conversion-friendly brands such as Autograph Collection, The Luxury Collection and Delta Hotels by Marriott, which offers a flexible full-service conversion platform.
About PB Puerto Bahia Residence, S.A. de C.V.
Puerto Bahia is a development company focused on developing sustainable luxury resorts. Located in the area of Punta de Mita, Nayarit, Puerto Bahia is the tourism and hospitality affiliate of Grupo Autofin Monterrey. It started operations in 2012 with a private club of luxury residences and in 2016 it incorporated 117 hotel rooms under the Matlali Hills Villas and Spa brand. The company currently offers Residential lots, Vacation club for residences, and a Vacation club for villa. It also owns a 600-acre territorial reserve for additional development.