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Private Developer Invests $1.3 Billion In New Tourism Offerings For Mexico

07 July, 2015

Private luxury resort and tourism developer Grupo Vidante announced last week that it plans to invest at least $1.3 billion in new tourism projects in Mexico over the next five years. According to a press release,Mexico Secretary of Tourism Claudia Ruiz Massieu and Governor of the Mexican State of Quintana Roo Roberto Borge Angulo,were all on hand for the announcement,which was held at JOYA by Cirque du Soleil in Mexico’s Riviera Maya,and included plans to develop premier golf courses,new luxury resorts and theme parks animated by Cirque throughout some of the nation’s most popular destinations.

“Today is one of the most important announcements of investments in this sector in recent years,” stated Ruiz Massieu at the event. “It is an announcement that shows there is confidence in Mexico,in its government and its people. This investment represents more than a number or an amount,it represents the growing conviction of Grupo Vidanta that the tourism sector will continue to grow,will continue to gain ground against other international competitors; that it will continue to produce smiles for visitors and opportunities for thousands in our regions.”

Animated by Cirque du Soleil,JOYA is a unique dinner theater experience located just south of Puerto Morelos and just north of Playa del Carmen overlooking the Caribbean Sea in the heart of Mexico’s Riviera Maya. Launched last year,it has already become one of the fastest-growing tourist attractions in Mexico,prompting plans for Grupo Vidanta to open a new Cirque-themed park near Puerto Vallarta on Mexico’s Pacific Coast that will also include a water park experience and three in-park resort hotels.

“Mexico is a place for opportunities,” stated Grupo Vidanta founder Daniel Chavez Moran. “With over 40 years of experience as a driver of Mexican tourism,Grupo Vidanta has learned the best results for Mexico are achieved when we work collaboratively to recruit the world’s top brands in travel and entertainment as partners and to create unique vacation dreams in Mexico that rival that of any destination in the world. That strategy has allowed Grupo Vidanta to sustain annual visitation growth of 15 percent at our developments,serve more than half a million foreign visitors,and achieve revenues of nearly $700 million each year.”

Grupo Vidanta also recently celebrated the grand opening of the Grand Mayan Palace Puerto Penasco,a new luxurious beachfront resort on Mexico’s Pacific coast overlooking the Gulf of California,along with a new Greg Norman-designed golf course in Nuevo Vallarta,which is scheduled to open in 2015.

“The initial renderings of the new Cirque theme park that is planned for development near Puerto Vallarta are breathtaking,” shared Richard Houghton of Investment Properties Mexico. “It promises to provide a new kind of entertainment experience unlike anything the world has ever seen.”

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