Remington Hospitality Adds Costa Sur Resort, Classico Collection by Sonesta to Managed Portfolio

Remington Hospitality, a dynamic hotel management company providing genuine hospitality and expertise in property management, announced today that it has assumed management of the Costa Sur Resort, Classico Collection by Sonesta, an oceanfront resort located along the southern coastline of Puerto Vallarta, Mexico. The addition further advances Remington’s strategic expansion across high-performing leisure markets in Mexico and Latin America, where demand fundamentals, brand-driven distribution, and active asset management drive opportunities for long-term value creation.

Operating under Sonesta’s Classico Collection, Costa Sur Resort offers a well-established presence in one of Mexico’s most resilient resort destinations. The property features 189 guest rooms and suites and is supported by four oceanfront food-and-beverage outlets, including La Cascada Restaurant, La Palapa Sports Bar, Seahorse Grill, Horizon’s, The Lobby Bar, and Barefoot Bar, as well as a heated outdoor pool overlooking Banderas Bay, a fitness center and spa, and flexible event space.

As part of the long-term strategy, the Costa Sur Resort is scheduled to transition to an all-inclusive resort by this summer. The conversion is intended to broaden demand channels, enhance length of stay, and create additional opportunities to drive revenue growth and margin expansion through a more integrated resort operating model.

“Puerto Vallarta continues to demonstrate strong leisure demand and durable long-term fundamentals,” said Ben Perelmuter, Chief Executive Officer of Remington Hospitality. “With Costa Sur, our focus is on optimizing revenue and implementing operational efficiencies that support increased profitability. The planned transition to an all-inclusive model is a key component of our strategy to diversify revenue streams, improve cash flow visibility, and enhance long-term value for ownership.”

The addition of Costa Sur Resort builds on Remington Hospitality’s growing presence in resort and leisure destinations throughout Mexico and the broader Latin American region. The company continues to pursue opportunities where active management, operational rigor, and market-specific expertise can unlock performance upside for owners.