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WHAT’S NEW WITH RIU: Quite a lot, actually.

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The popular hotel brand definitely has a lot happening in Fall of 2023/Winter 2024. Throughout this year, several characteristic hotels will be renovated, like Riu Caribe and Riu Palace Pacifico (Mexico), as well as Riu Palace Macao (Dominican Republic). In addition, the new Riu Palace Aquarelle (Jamaica) will be opening in 2024.

We mentioned The Elite Club by RIU in a story earlier this week, this new room category is available to Canadian travellers at select RIU Palace hotels. The Club allows customers to enjoy an even more elevated experience than what is currently offered at RIU Palace properties, including rooms in privileged locations with welcome gifts, a personalized check-in area and guaranteed late check-out. Additionally, the Club features early check-in (subject to availability), premium drinks from dispensers and select hotel bars and a special room service option for Club members.

Different benefits will be added at hotels that have Elite Club status, such as Elite areas on the beach, an exclusive swimming pool for Club customers and privileged restaurants with à la carte breakfast items—depending on the hotel and the destination. Riu Palace Macao (Punta Cana) and Riu Palace Pacifico (Puerto Vallarta) will soon offer this room category after their renovation, in addition to Riu Palace Jamaica (Montego Bay), Riu Palace Baja California (Los Cabos) and Riu Palace Antillas (Aruba).

Riu Palace Macao – Elite Lounge

Riu Palace Macao in the Dominican Republic is currently undergoing renovations and in addition to implementing the new Elite Club room category, a complete overhaul of its rooms will be carried out, converting some into swim-out rooms that will have an exclusive private pool for Elite customers. Two new specialty restaurants will be added to the list of those remodelled, as well as a new Pepe’s Food grilled food stand and an innovative spa for customers. The makeover will also bring with it a new style and new decoration in the common areas that is fresher and brighter, being adapted to the new spaces and changes that RIU is making at its hotels. Its reopening is scheduled for September 9, 2023.

Riu Palace Macao – Cubano bar

The complete renovation of Riu Palace Pacifico (Puerto Vallarta) began this August and will end at the beginning of December. It will showcase a complete revamp of all common areas and rooms, as well as the implementation of new services. The hotel will become an Adults Only establishment and will have an exclusive bar and beach area for Elite Club customers. All renovated spaces will have a greater influx of natural light and a more sophisticated and fresh style, using light colours in the common areas and sober shades in the restaurants and bars.

Guest room amenities

The renovation of Riu Caribe (Cancun) completed on August 26, 2023 brings a radical change to all rooms and common areas. The entrance boasts natural light and a welcoming sense of openness to the lobby and reception area.

The hotel will go from offering one swimming pool to three, one of which will be an infinity pool and another featuring a swim-up bar for adults only. The remodel will also include two new products. One will consist of five swim-out rooms with a private pool, providing a space with privacy and exclusivity for those who want it. The other is linked to one of RIU’s innovative concepts now available in Cancun – RIU Pool Parties – which came to be five years ago in Los Cabos and offers an exclusive area for hosting themed parties where all RIU customers from the five destination hotels are welcome. For this reason, Riu Caribe will have themed RIU Party rooms, including Neon, White, Pink and Jungle – so that customers can really feel part of the daytime and evening parties.

Riu party at Palace Macao

Famous in Mexico for five years, RIU Parties have managed to crop up in different countries, taking on the form of RIU Pool Parties or RIU Get Together Parties (more aimed at families and designed for all ages). In Mexico, these events are going to be present at most RIU vacation destinations (Cancun, Playa del Carmen, Costa Mujeres, Vallarta and Los Cabos) and are currently available (and will be available) at Guanacaste (Costa Rica), Punta Cana (Dominican Republic), Montego Bay (Jamaica) and Aruba.

Riu Palace Aquarelle

In 2024, RIU will unveil a new hotel at a new destination in Jamaica: Riu Palace Aquarelle, located in Falmouth, Trelawny. This new hotel will house 753 rooms and, in addition to several swimming pools and a variety of culinary offerings from different restaurants (international buffet, Italian, Japanese, fusion food and a steakhouse), will also have its own Splash Water World water park open to all customers during their stay.

In addition to its expansive presence in Mexico and the Caribbean, available to Canadians through Sunwing Vacations, RIU will continue to grow its urban line, setting foot for the first time in Canada at one of the great multicultural capitals of the world: Toronto. Located in the bustling Financial District, Riu Plaza Toronto will have 350 rooms. In 2024, RIU will also open a new city hotel in the United States: Riu Plaza Chicago. The hotel will be located in Streeterville near the Magnificent Mile shopping area and famous Navy Pier, offering 390 rooms, a sky bar on the 26th floor and views of the entire city.

And ,of course, RIU continues to be wholeheartedly committed to a number of Corporate Social Responsibility projects. During 2023, in addition to the chain’s long-term projects in the Mexican Caribbean, Costa Rica, Aruba, the Dominican Republic and Jamaica, new projects have been added to support children and biodiversity in destinations in the Mexican Pacific, with the company increasing its investment in social and environmental projects in Mexico to US $800,000.

First published at Travel Industry Today

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First published at TravelNewsHub.com – Global Travel News

BWH Hotels Reaches New Heights in Vietnam with Spectacular Seafront Hotel

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BWH Hotels Reaches New Heights in Vietnam with Spectacular Seafront Hotel - TRAVELINDEXNha Trang, Vietnam, September 5, 2023 / TRAVELINDEX / BWH Hotels, the leading global hospitality network comprising WorldHotels™, Best Western® Hotels & Resorts and SureStay® Hotels, has continued its rapid expansion in Vietnam with the launch of a spectacular new upscale beachfront hotel in the heart of Nha Trang, one of the country’s most dynamic tourism destinations.

Perfectly positioned on Tran Phu Street, the city’s main beachfront road, Best Western Premier Marvella Nha Trang is just steps from the sandy beach and shimmering sea on Vietnam’s sun-soaked south-central coast. It is also surrounded by urban attractions, including shopping malls, markets, restaurants and bars.

The hotel offers a selection of 335 stylish rooms and suites, ranging from the spacious 31-sqm Superior King or Twin Rooms to the stunning 66-sqm Executive Suites, all of which come equipped with modern amenities and panoramic windows with ocean views. Couples will love the 52-sqm Romantic Suite, which is adorned with a free-standing bathtub that overlooks the sea, and truly luxurious vacations can be experienced in the palatial 218-sqm Presidential Suite, which can accommodate up to four adults and four children.

Guests can share memorable meals at a choice of four restaurants and bars, including Marvellous Restaurant, an international all-day dining destination, Nón Lá, the elegant 31st floor Vietnamese restaurant, an inviting lobby lounge and Sky 32, the breath-taking rooftop bar.

Throughout their stay, travelers can unwind in the soothing Tram Spa, work out at the gym, plunge into the sky-high infinity pool, or tee-off at the 3D golf simulator. Children will be kept fully entertained at the kids’ club. For meeting planners, the grand ballroom and VIP meeting room set the stage for life’s special occasions, including weddings, and a business center is also available.

“We are delighted to welcome guests to Best Western Premier Marvella Nha Trang, which marks our entry into this vibrant seafront city. Vietnam is a vital market for BWH Hotels and we are rapidly expanding our presence in key business and leisure destinations all across the country. The launch of this impressive new upscale hotel, in a prime downtown location, represents a major milestone in our Asian development strategy. We look forward to welcoming our domestic and international guests to Nha Trang,” said Mr. Olivier Berrivin, Vice President – APAC, BWH Hotels.

Best Western Premier Marvella Nha Trang becomes BWH Hotels’ fifth property in Vietnam, joining Best Western Premier Sapphire Ha Long, Best Western Premier Sonasea Phu Quoc, Best Western Premier Sonasea Villas Phu Quoc, and Caravelle Saigon, a member of WorldHotels Elite. The group also has an extensive pipeline of hotels and resorts which will introduce its industry-leading brands to many more parts of the country in the future.

For more information about BWH Hotels in Asia, please visit www.bestwesternasia.com.

About BWH Hotels
BWH Hotels is a leading, global hospitality enterprise comprised of three hotel companies, including WorldHotels™, Best Western® Hotels & Resorts and SureStay® Hotels. The global enterprise boasts approximately 4,300 hotels in over 100 countries and territories worldwide*. With 19 brands across every chain scale segment, from economy to luxury, BWH Hotels suits the needs of developers and guests in every market. *Numbers are approximate, may fluctuate, and include hotels currently in the development pipeline.

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First published at TravelNewsHub.com – Global Travel News

BWH Hotels Expands its Lifestyle Brand Aiden into Western Australia

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BWH Hotels Expands its Lifestyle Brand Aiden into Western Australia - TRAVELINDEXSydney, Australia, August 31, 2023 / TRAVELINDEX / Leading global hotel brand, BWH Hotels (BWH), announces the signing of new, stylish 120-room hotel, Aiden SCQ, the first Aiden property of BWH’s newest lifestyle boutique brand in Western Australia to join the successful Aiden Darling Harbour opened in 2022.

Situated as the anchor tenant to the new-build, connected urban precinct, Sydney Charles Quarter (SCQ), built by development and investment partner, APPL Group, Aiden SCQ will be an upper mid-scale hotel featuring a six-story building comprised of 80 hotel rooms and 40 apartments with balcony access, a rooftop bar & restaurant, conference & event spaces, outdoor event lawn and pool with a poolside lounge area. Located in West Perth, Aiden will be the jewel in the crown of this dynamic destination for people to live, work and visit.

Danilo Curcuruto, Director of Development at BWH Hotels Australasia, enthuses, “Aiden’s extraordinary global success story continues with remarkable growth and high demand in the Australasian Region. We’re excited to introduce this trendsetting lifestyle brand to the new, exciting precinct of Perth’s Sydney Charles Quarter, confident it will thrive and contribute to its remarkable journey.”

Sydney Charles Quarter will be a mixed-use development area bounded by Charles Street, Newcastle Street, Golding Street and Old Aberdeen Place located on 2.2 hectares. The precinct stage one will include six buildings comprising Aiden SCQ, residential apartments, co-living micro-apartments, commercial office space, fitness, food and beverage offerings, a gourmet supermarket, event spaces, potential for artist’s residences and over 500 parking spaces.

Working in partnership with the APPL Group, the developers behind the full-scale construction of SCQ’s mixed-use urban development, BWH Hotels will further expand the boutique Aiden property portfolio throughout Australasia with the launch of Aiden SCQ.

Michelle Prater, Director of SCQ Pty Ltd says, “The vision for SCQ was to create a vibrant modern connected village. The concept is unique and we’re looking forward to partnering with BWH Hotels to bring the Aiden brand to life in a way that’s exceptional to the precinct’s dynamic persona.”

Collaborating with Mandala Hospitality Group, the brand will manage the operations and property management solutions expanding their portfolio into the West Perth precinct. Mandala will offer full-scale management support including a range of services to oversee the efficient operation and success of the hotel including Operational Management, Housekeeping, Guest Services, Front Office Staff, Human Resources, Property Maintenance and more.

John Zeckendorf, Owner & Principal of Mandala Hospitality Groups says, “We’re delighted to be collaborating with BWH on this opportunity to bring to life the Aiden brand in a new market. It makes for a great opportunity to expand our portfolio in WA and showcase our hotel management solutions. We look forward to this exciting prospect.”

Since the opening of Aiden Darling Harbour in February 2022, the Aiden brand has grown rapidly throughout the world and received international acclaim for its 14 properties located in the US, Germany, Austria, South Korea, France and Italy with 30 Aiden properties recently opened in Scandinavia. Perth, Western Australia will be the latest new addition to the portfolio, continuing its impressive growth trajectory with additional properties scheduled to open in other parts of the world.

Located on the old site of City Motors, the hotel design will pay homage to the rich automotive and cultural histories of the site, with artwork and recycled building components strategically integrated throughout the development. In true Aiden style, guest rooms, reception and foyer will be thoughtfully designed featuring vibrant works of art including sculptures, murals and paintings designed to hero the locale’s rich history.

The Aiden brand reinvigorates the city hotel experience offering affordable luxury, combined with soulful and sophisticated boutique charm. It is designed to break the mould of the stereotypical lifestyle hotel creating a gateway location to the CBD, walking distance from Northbridge, CBD and Leederville and located within Perth’s celebrated Pickle District.

Construction on the interconnected urban village will commence in mid-2024 and completion is estimated mid-2026.

About BWH Hotels
BWH Hotels is a leading, global hospitality network comprised of three hotel brands, including WorldHotels, Best Western® Hotels & Resorts and SureStay Hotels. The global network boasts approximately 4,300 hotels in over 100 countries and territories worldwide*. With 19 brands globally across every chain scale segment, from economy to luxury, BWH Hotels suits the needs of developers and guests in every market.

* Numbers are approximate, may fluctuate, and include hotels currently in the development pipeline.

For more information visit www.worldhotels.com, www.bestwestern.com and www.surestay.com.
For BWH Hotels Development opportunities: joinbwhhotels.com.au

About Sydney Charles Quarter
Sydney Charles Quarter is a visionary mixed-use development bounded by Charles Street, Newcastle Street, Golding Street and Old Aberdeen Place in West Perth, Western Australia.

The 2ha site features six buildings comprising residential, a 120-bed short-stay hotel, commercial office space, gym, food and beverage offerings, speciality commercial, a supermarket, rooftop bar, events spaces and potential for artist’s residences. Sydney Charles Quarter will also offer over 500 parking spaces.

Located on the old site of City Motors, construction will commence in mid-2024 and completion is estimated mid-2026.

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First published at TravelNewsHub.com – Global Travel News

Accor Signs First Handwritten Collection Address in Thailand

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Accor Signs First Handwritten Collection Address in Thailand - TRAVELINDEX - TOP25HOTELS.comPhuket, Thailand, August 28, 2023 / TRAVELINDEX / Accor has partnered with Amchase Phuket HP (Thailand) Ltd, to debut the Handwritten Collection in Thailand, with the Andaman Beach Hotel Phuket – Handwritten Collection, set to open in Q4 2023, redefining guest experiences at this iconic address.

Situated in proximity to Patong Beach, the Andaman Beach Hotel Phuket – Handwritten Collection offers 161 meticulously designed guest rooms, each featuring a private balcony that embraces the island’s natural beauty.

The property rebranding marks the debut of Thailand’s inaugural Handwritten Collection, following from the recent signing of the brand’s first address in Singapore. Anchored in a commitment to authentic hospitality and style, the Andaman Beach Hotel Phuket – Handwritten Collection will mirror the persona of its hosts, striving to craft sincere and heartfelt encounters.

Guests are invited to partake in an authentic journey, where interactions echo the warmth of the local community. At its core, this midscale retreat offers an innovative culinary experience, with the hotel’s all-day dining restaurant becoming a hub for gastronomic exploration. Guests can also enjoy pizzas and Indian cuisine at the dedicated dining outlets, with the bar providing a space for meaningful connections in an environment that harmonizes style with accessibility.

For holistic rejuvenation, the spa will introduce treatments that align with the locale’s spirit, catering to both body and soul. This tranquil sanctuary will offer reprieve, allowing guests to recharge amidst serene surroundings.

The swimming pool, nestled amidst lush greenery, will beckon guests with its tranquillity, offering an ideal escape to bask under the sun. The contemporary fitness centre is set to encourage guests to prioritize wellness, offering state-of-the-art equipment for an active lifestyle during their stay.

Garth Simmons, Chief Executive Officer of Accor’s Premium, Midscale & Economy Division in Asia commented: “The Andaman Beach Hotel Phuket – Handwritten Collection is a testament to our commitment to delivering an unparalleled guest experience. The partnership with Amchase Phuket HP (Thailand) Ltd. and the launch of this hotel mark an important milestone for Accor in Phuket, one of our strategic destinations. We are excited to offer a distinctive blend of heartfelt hospitality and stylish accommodation.”

Michiel Lugt, Andaman Beach Hotel Phuket – Handwritten Collection General Manager added: “We are delighted to be working with Accor in debuting the Handwritten Collection in Thailand with the rebranding of our established hotel. We eagerly anticipate the arrival of our first guests, who will experience a tranquil sanctuary, perfect for relaxation and meaningful connections, promising an unforgettable escape in the heart and soul of Phuket.”

Strategically positioned on the west coast of Phuket, the Andaman Beach Hotel Phuket – Handwritten Collection offers swift access to key attractions, with Patong Beach located a mere 2 minutes’ walk away, while the cultural gems of Phuket Old Town are a 30 minutes’ drive away. Phuket International Airport is conveniently located within an hour’s drive of the hotel.

The Handwritten Collection brand, launched by Accor in January 2023, is comprised of charming bespoke hotels that offer an intimate and stylish hospitality experience. The brand seeks to offer a variety of hotels with individual personalities, intimately reflecting the character and warmth of the people who look after them. Like a handwritten note, each host’s individual touches are subtly encountered at select moments throughout the guest stay – from a warm welcome that cascades into conversation, to freshly baked treats. Accor has already opened addresses in Australia, France and Estonia under the Handwritten Collection, with a healthy pipeline of hotels throughout the globe.

As anticipation builds toward the October 2023 opening, the Andaman Beach Hotel Phuket – Handwritten Collection promises an experience that is refreshingly human—a genuine embrace, a heartfelt welcome, and the opportunity to forge real connections.

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First published at TravelNewsHub.com – Global Travel News

WorldHotels Grows Presence in Tokyo with Largest Airport Hotel

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WorldHotels Grows Presence in Tokyo with Largest Airport Hotel - BESTWESTERN - TRAVELINDEX - BWHTokyo, Japan, August 22, 2023 / TRAVELINDEX / The New Villa Fontaine Grand Haneda Airport joins WorldHotels Distinctive Collection. WorldHotels is delighted to announce its second new hotel in Tokyo, Japan with the addition of Villa Fontaine Grand Haneda Airport, Tokyo. The property is an exceptional 1,557-room hotel comprised of 12 thoughtfully designed room categories. The hotel is committed to providing an opulent stay experience that only a high-end hotel can provide.

“As WorldHotels expands throughout Asia, we continue to identify leading, luxury properties to add to the brands portfolio,” said Ron Pohl, President of WorldHotels. “Villa Fontaine Grand Hotel Airport perfectly fits that mold, providing high-end accommodations right outside of Japan’s busiest international airport.”

Villa Fontaine Grand Haneda Airport was originally developed in response to the diverse requirements of Haneda Airport, a 24-hour international hub. Connected directly to the airport, the hotel provides a truly hospitable and seamless arrival and departure experience expected of an international airport hotel. The property also serves as an ideal location for events and conferences, supported by the culinary delights within its restaurants and lounge. Villa Fontaine Grand Haneda Airport provides convenient access to the Tokyo monorail, which can take passengers directly to Tokyo in 15 minutes, as well as an all-weather bus terminal that connects travelers to regional cities and tourist destinations throughout Japan.

Haneda Airport has been recognized as the Best Airport in Asia for two consecutive years and in 2022 was ranked second in the World’s Best Airports for a fourth consecutive year by Skytrax.

“Villa Fontaine Grand Haneda Airport is the comprehensive next step of growing our portfolio of hotels and resorts in select destinations around the world,” said Olivier Berrivin, Vice President of International Operations-APAC. “It is an honor to partner with Sumitomo Realty & Development Co., Ltd., a well-established developer in Japan. It’s also a great opportunity for WorldHotels to increase our footprint in Tokyo, the world’s most populous metropolis, mixes of ultramodern and the traditional, the city is a truly unique destination both domestically & internationally.”

Villa Fontaine Grand Haneda Airport is a significant addition to WorldHotels’ Distinctive collection in Asia Pacific. Providing an array of products and services, the property fulfills an important need for WorldHotels to further strengthen its portfolio near Haneda Airport, which is consistently recognized as one of the world’s best airports for its seamless international access and further support of Haneda Airport as the primary gateway to Japan.

In joining WorldHotels Collection, Villa Fontaine Grand Haneda Airport is now part of the industry-leading loyalty program, WorldHotels Rewards℠. The third largest hotel loyalty program in the world offers guests exclusive access and privileges with “member-only” offers such as room upgrades, priority privileges, bonus points eligible and more.

About WorldHotels
WorldHotels is a privately held hotel soft brand within the BWH Hotels global enterprise. Founded by independent hoteliers dedicated to the art of hospitality, WorldHotels offers one of the finest portfolios of independent hotels and resorts around the globe, expertly curated to inspire unique, life enriching experiences that connect people and places. WorldHotels is comprised of four unique collections, each with its own personality and style to appeal to the needs of today’s traveler. The collections include: WorldHotels™ Luxury, WorldHotels™ Elite, WorldHotels™ Crafted and WorldHotels™ Distinctive. For more information visit WorldHotels.com.

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First published at TravelNewsHub.com – Global Travel News

Raffles at Galaxy Macau Welcomes Guests to All-Suite Experience

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Raffles at Galaxy Macau to Welcome Guests to All-Suite Experience - TRAVELINDEX - TOP25HOTELS.comMacao, Macao SAR, August 16, 2023 / TRAVELINDEX / Raffles Hotels & Resorts, Accor, and Galaxy Macau announced the soft opening of Raffles at Galaxy Macau – a stunning new city landmark. The highly anticipated, all-suite, luxury hospitality experience brings together the best of two world-renowned brands – Galaxy Macau, one of the world’s leading integrated resort, hospitality and entertainment companies; and Raffles, Accor’s legendary hospitality brand which originated in Singapore in 1887. With 450 sumptuous suites, Raffles at Galaxy Macau is the brand’s first destination in Macau, raising the bar for luxury hospitality and trendsetting guest experiences in the region. A grand opening, celebrating the addition of the remaining signature restaurants, bar, and a spa, is expected towards the end of the year.

“Raffles will bring its graceful, intuitive and generous style of hospitality to the dynamic culture of Galaxy Macau,” said Gary Rosen, CEO, Accor Greater China. “As our third Raffles destination in Greater China, Raffles at Galaxy Macau is the most exciting and luxurious hotel in all of Macau and is a new flagship for the brand. Demand for high-end luxury hospitality is growing exponentially across the region and this is especially true for Raffles – a brand with prestige and heritage that transcends generations and sets the standards in luxury hospitality with its growing portfolio of distinguished locations.”

Marking the latest chapter in the brand’s storied 136-year history, Raffles at Galaxy Macau is carefully designed and tastefully decorated to create the ambience of cultured luxury and refined elegance that is the hallmark of the brand. Located on the resort’s east promenade, the stunning architectural landmark consists of two towers with a glass airbridge that connects the towers across every floor and offers breath-taking vistas towards the Macau skyline, the resort, and neighbouring Hengqin island.

Imagined as the private residence of a fictional 14th-century Italian merchant with an extensive collection of unique artifacts from around the world, Raffles at Galaxy Macau is replete with exquisite art pieces, detailed craftsmanship, and precious materials, from Italian white Statuario marble to hand-crafted crystal chandeliers. The feeling of a luxurious residential pied-à-terre is further conveyed through the discreet, attentive and intuitive service of the Raffles Butlers. Professionally trained, their aim is to make every guest’s stay as seamless, memorable, and heartfelt as possible.

“Set against the captivating allure and glamour of Macau’s brilliance, Raffles at Galaxy Macau represents a remarkable addition to the Raffles portfolio, where narratives transform into enduring legacies and the art of hospitality is positioned to flourish,” affirms Omer Acar, CEO, Raffles & Orient Express. “We are excited to embrace this new arrival as part of our treasured brand, for generations of travellers past and present who appreciate all that Raffles has to offer. We look forward to welcoming you as guests, staying as friends, and returning as family… the Raffles way.”

Spectacular East-Meets-West Interiors and Services
Reflecting Macau’s rich East-Meets-West heritage and modern vibe, Raffles at Galaxy Macau immerses guests in impressive and highly curated spaces that blend the storied traditions of the Raffles brand with the dynamic energy of Galaxy Macau. Paying tribute to Galaxy Macau’s brand heritage, and symbolic of beauty, good luck, and royalty, the property features a subtle peacock motif in a geometric pattern that flows from the beautifully etched glass motifs on the ceilings of the lobby to the suspended ceilings in the residential suites.

An Art-filled Sanctuary
At the heart of Raffles at Galaxy Macau is the show stopping lobby, an art-filled garden sanctuary where the interior and exterior come together to form one stunning space illuminated by natural light. Landscaped with 90 trees, 50,000 shrubs and seasonal flowers, this green space celebrates the beauty of nature with a sustainable design that conserves energy, saves water, and reduces carbon. Here, guests also encounter a magnificent collection of art pieces themed around the four seasons, and which pay tribute to the beauty of Asian nature and the spirit and character of the Raffles brand.

A Sparkling Centrepiece
Taking centre stage in the property’s stunning lobby is the Raffles Lounge & Terrace, featuring traditional European afternoon tea with a twist, including an Éclair Trolley and an array of dining options curated by the French culinary artist Yorick Soh Chin Chiang, the newly appointed Chef de Cuisine of Raffles Lounge & Terrace. By night, Lounge guests will enjoy delicious cocktails, including heritage creations designed by Raffles bartender Ngiam Tong Boon in the early 1900s – the Singapore Sling and the Macau Million Dollar Cocktail. Cascading above the Lounge is a custom-made chandelier formed of 500,000 crystals and 23,000 crystal rods that connect seamlessly to resemble a diamond. Measuring 15 metres in length, this iconic piece floats against a programmable backlit glass ceiling. Live performances on a beautifully handcrafted piano entertain guests of the Lounge’s champagne and oyster bar.

Raffles Lounge & Terrace is also home to ‘Green Art Wall’, a 70-metre expanse that incorporates hundreds of plants and LED lights to create a unique natural spectacle for guests on arrival. Above, a glass ceiling creates an imaginary sky with ever-changing moods and scenes, using more than 30,000 individually programmable LED nodes. The wall and sky provide an ideal backdrop for ‘Kaleidoscope’ by Singaporean artist Sun Yu-Li – a striking three-metre-tall sculpture that uses changing lights to hint at nature while giving off a distinctly Macau vibe.

Coming Soon
Looking ahead to the grand opening later in the year, guests of Raffles at Galaxy Macau will have the opportunity to experience an array of world-class collaborations that reflect the region’s finest culinary and design talents. Chef and Sushi Master Masaaki Miyakawa, one of only five Michelin-three-starred sushi chefs in Japan, will helm a new signature Sushi-Kappo concept. There will also be an unexpected and modern take on Raffles’ iconic Long Bar, which is being crafted by celebrated interior designer Joyce Wang and will feature a curated cocktail list, including an official Macau Sling, created by Asia’s 50 Best Bars legend Antonio Lai.

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First published at TravelNewsHub.com – Global Travel News

Hyatt Unveils Plans for First Locations for Extended-Stay Brand, Hyatt Studios

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Hyatt Unveils Plans for First Locations for Extended-Stay Brand, Hyatt Studios - TRAVELINDEXHyatt Unveils Plans for First Locations and Leadership Appointments for Upper-Midscale, Extended-Stay Brand, Hyatt Studios. Hyatt leverages a developer-driven approach to accelerate speed-to-market for its recently announced brand

Hyatt Hotels Corporation (NYSE: H) today announced significant updates to Hyatt Studios, the latest select service brand in the Hyatt portfolio, including executed franchise agreements for the first locations in Mobile, Alabama and Marysville, California, emphasizing Hyatt’s strategy of entering untapped markets where its brand presence is yet to be established. Hyatt Studios, Hyatt’s first upper-midscale extended-stay brand in the Americas, is expected to be a key accelerator for Hyatt, building on six years of industry leading net rooms growth.

“Hyatt’s entry into these new markets with Hyatt Studios hotels exemplifies our commitment to developers, guests and World of Hyatt members,” said Dan Hansen, global head of Hyatt Studios. “We’ve learned that when Hyatt guests stay with a competing brand, they appear to do so for one of two reasons: the absence of a Hyatt hotel within five miles or the choice to stay at a lower chain scale. By enabling guests to choose a Hyatt hotel in new markets, we grow brand loyalty without intra-brand competition and present more white-space options to developers.”

Hyatt unveils first two Hyatt Studios locations
Following Hyatt’s announcement of signed letters of interest for more than 100 Hyatt Studios hotels at the brand’s launch in April, Hyatt now confirms the first Hyatt Studios locations:

Mobile, Alabama (Tillman’s Corner)
3H Group, Inc, founded by Hiren Desai, an expert in the select service space, has entered into a franchise agreement with Hyatt to build the inaugural Hyatt Studios hotel in Tillman’s Corner, just outside of Mobile, Alabama. The site will mark Hyatt’s first branded hotel in the area and is strategically located near Mobile Bay’s Gulf Coast, providing extended-stay guests exceptional value and easy access to this rapidly expanding port city. In addition to attracting tourism, the city boasts a diverse range of industries in manufacturing, aerospace, and commercial retail, further enhancing its midscale appeal. This property is set to open in late 2024.

“We are honored to be a part of this significant milestone with Hyatt,” said Hiren Desai, president and CEO, 3H Group, Inc. “Hyatt’s unwavering commitment to delivering world-class service to owners, operators and guests alike makes them the ideal hospitality company to expand our extended-stay presence in this growing community.”

Marysville, California
Presidio Hotel Development LLC has entered into a franchise agreement with Hyatt for a 113-room Hyatt Studios hotel in downtown Marysville, California, located in Yuba County and part of the North Sacramento area. Marysville is an ideal location to develop a Hyatt Studios hotel due to the city’s rapid growth in recent years, which has led to increased demand in the midscale segment. Expected to open in 2025, the property will feature a custom buildout, including dedicated meeting spaces, to effectively serve the needs of both business travelers and those attending local events in the area.

“The experience of working with Hyatt is unparalleled. They authentically embrace their ethos of listening to understand and have created an innovative extended-stay offering, shaped by input from the development community,” said Guneet Bajwa, president and CEO of Presidio Hotel Development LLC. “That, coupled with the adaptability to tailor the product to my market’s demands, are among the reasons we’ve chosen to invest in developing a Hyatt Studios hotel.”

Hyatt expands Hyatt Studios leadership team
Under the leadership of Dan Hansen, a carefully selected and dedicated team has been formed to ensure the brand delivers on its value proposition. Hyatt veteran Jason Ballard has been promoted to the position of Head of Operations, Hyatt Studios, reporting directly to Hansen.

Most recently serving as Hyatt’s Vice President of Franchise Operations, Select Service, Ballard was instrumental in establishing and nurturing Hyatt’s Franchise & Owner Relations Group (FORG). Under his leadership, the Americas Select Service Franchise portfolio saw its highest-ever owner and operator satisfaction scores. Since joining Hyatt in 2006, Ballard has held positions in Revenue Management, Capital Planning and Operations Analytics across all three Hyatt regions – Americas, Asia Pacific, and Europe, Africa and Middle East. Ballard played a critical role in establishing the global footprint of the Hyatt Place and Hyatt House brands, spearheading the first Hyatt select service properties in Thailand, China, Japan and Australia, and the first Hyatt branded hotels in Barcelona, Athens and Budapest. His role in implementing global processes and assembling teams in these new markets facilitated the momentous expansion of Hyatt’s international brand presence in the select service segment.

In addition to Ballard’s role, Hyatt has enlisted internal experts and external industry professionals, making substantial leadership appointments in finance and commercial services. Furthermore, the team has strengthened its development efforts by recruiting additional team members who are dedicated to advancing the expansion of the brand.

“Hyatt’s transformative growth demonstrates the importance we place on fostering strong relationships with owners, developers and franchisees,” said Ballard. “Prioritizing owner satisfaction has allowed us to position Hyatt Studios hotels as a compelling option with competitive market availability. By listening to the needs of our owners and guests, we can now offer solutions for more stay occasions for 40 million World of Hyatt loyalty members.”

The Hyatt Studios brand will join Hyatt’s growing portfolio in the Timeless collection and is positioned to transform the extended-stay experience. Developers can expect a product that delivers three main components for success: efficient and scalable prototypes, a lean operating model, and flexible brand and design elements to adapt to local market needs across primary, secondary and tertiary markets. Accommodating extended-stay and transient demand, each Hyatt Studios hotel will be sized to fit approximately 122 rooms with flexibility to scale up or down.

About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2023, the Company’s portfolio included more than 1,250 hotels and all-inclusive properties in 76 countries across six continents. The Company’s offering includes brands in the Timeless Collection, including Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Hyatt Vacation Club®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval®, Alila®, Andaz®, Thompson Hotels®, Dream® Hotels, Hyatt Centric®, and Caption by Hyatt®; the Independent Collection, including The Unbound Collection by Hyatt®, Destination by Hyatt®, and JdV by Hyatt®; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva®, Hyatt Zilara®, Zoëtry® Wellness & Spa Resorts, Secrets® Resorts & Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith™, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services.

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First published at TravelNewsHub.com – Global Travel News

ROYAL TREATMENT: Princess Hotels to add two in Jamaica

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Travel agents can start booking their clients’ 2024 getaways at two new Princess Hotels luxury all-inclusive beachfront resorts in Jamaica with Sunwing Vacations.

Opening in April, the family-friendly Princess Grand Jamaica, available exclusively to Sunwing, and the adults-only Princess Senses the Mangrove, will also earn agents STAR Rewards Points on bookings that can be converted to cash.

“As one of the most popular resort chains in the tropics and a top choice among Sunwing Vacations customers, Princess Hotels & Resorts has long been providing top-rated service and high-quality vacations to our customers in Mexico and the Dominican Republic,” says Sunwing’s Samantha Taylor. “With Princess’ upcoming expansion to Jamaica… we’re excited to continue growing our successful partnership and bringing Canadians more vacation options in Jamaica with the resort brand they love.”

Princess Grand Jamaica

The beachfront Princess Grand Jamaica offers the quintessential all-inclusive experience for families and groups, with all-ages amenities ranging from a multi-functional sports field to the water sports centre. There’s also the Thematic Game Zone and supervised Kids Club Centre for mini-vacationers where they can enjoy multiple customized areas for games and recreation.

The resort boast five pools, including a main pool with Jacuzzis, a family pool with a dedicated kids area, a rooftop infinity pool for Platinum Club guests, and an aquatic park featuring a splash pad, two pools, four water slides, a lounge area and more.

Guests are spoiled for choice with a selection of themed restaurants on site, buffets, food trucks, snack bars and more serving international fare, plus nightly entertainment.

The sprawling property has 590 lavish suites with ocean views and chic décor, some also including swim-out features and bunk beds designed like boats plus personalized robes for the little ones.

Princess Senses the Mangrove

Princess Senses the Mangrove rendering

Meanwhile, an impressive adults-only offering where sophistication meets leisure in a beachfront setting, Princess Senses the Mangrove is a 415 all-suite resort and is an ideal pick for couples and friends. Guests can experience a the state-of-the-art spa ($) during a hydrotherapy ritual or massage, or at the rooftop infinity pool with great ocean views, or try motorized ($) or non-motorized water sports.

The resort also has a wide selection of options with 14 restaurants, from seafood to sushi, casual food trucks and local and international specialties.

And The O’Club offers themed parties, dancing, mixology classes, cocktail soirées and more.

One of this resort’s key selling features is its luxurious accommodations with modern amenities for premium comfort, including one- and two-bedroom suites with swim-out options, Pleasure Suites, and stunning Overwater Villas with their own infinity pool and VIP perks.

Guests will also have room access to the amenities at Princess Grand Jamaica nearby.

Platinum Club

In addition to premium amenities and services, Princess’s exclusive Platinum Club room categories are available to book at both new resorts in Jamaica. Guests will enjoy added privileges, such as private check-in and check-out, concierge services, daily butler service, access to a private beach area and pool, a beach club with rooftop infinity pool exclusive to Platinum Club guests (only at Princess Senses the Mangrove), food and spa discounts and more.

Sunwing offers direct flights to Montego Bay year-round from major Canadian gateways; first bags are free when travelling on a Sunwing vacation package and include complimentary transfers in destination, plus options to add change and cancellation protection.

First published at Travel Industry Today

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First published at TravelNewsHub.com – Global Travel News

Danang Marriott Resort Sets Stage for Memorable Meetings

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Danang Marriott Resort Sets Stage for Memorable Meetings - TRAVELINDEX - TOP25HOTELS.comDanang, Vietnam, August 10, 2023 / TRAVELINDEX / Nestled on a stunning stretch of sandy beach, just steps from the sea yet also within the dynamic city center, Danang Marriott Resort & Spa is the ultimate setting for special events. This is the place where life’s most important moments are staged and memories are made. However, it takes more than a breath-taking location to ensure the success of a meeting; it takes a point of difference – that unique creative spark that inspires delegates and leaves a lasting impression.

At Danang Marriott Resort & Spa, meetings are brought to life by a team of professional planners who are dedicated to making every aspect of the event a success. This starts with the venue; a choice of six exceptional spaces and 1,055 square metres of flexible function space offers options for every occasion, from out-of-town business meetings and training sessions to corporate conferences, award ceremonies, weddings and more.

For glamorous gala gatherings, the beautiful 741-square meter pillar-free Grand Ballroom can accommodate up to 500 delegates and is enhanced with a spectacular 28-square meter LED screen. This beautiful ballroom can also be flexibly divided into two spaces for more intimate get-togethers, a collection of function spaces can comfortably cater for events of between 10 and 60 guests, and state-of-the-art technology can provide options for the new era of hybrid meetings.

The resort’s seafront setting – including the lush beachside lawn – is also a natural arena for open-air corporate and social gatherings. For groups seeking unique outdoor activities, group yoga and tai chi sessions (which are available on request), the weekly coconut harvesting show, cooking classes and beach games will create talking points, break down boundaries and bring delegates closer together. The resort’s team of passionate and professional planners can also craft a wide range of dynamic team-building sessions.

Gastronomy is an important pillar of every celebration, and Danang Marriott Resort & Spa can arrange a wide range of customized culinary occasions, from chic cocktail receptions to glamorous gala dinners. Goji Kitchen + Bar is a vibrant international culinary marketplace with indoor and outdoor seating, while Madame Son showcases Vietnamese and fusion cuisine, Non Nuoc Bar is ideal for cool drinks, light snacks and a regular seafood buffet, and the sophisticated Writer’s Bar specializes in afternoon tea and evening cocktails. Epicurean events can also be highly personalized, with options including a barbecue dinner in the comfort and privacy of a villa, a seafood buffet with a live cooking show by the beach, and even a pool party with DJs, dancers and drinks!

The lush countryside surrounding Danang can set the scene for inspiring group activities. From championship golf courses designed by the sport’s biggest names to intriguing cultural attractions, such as the Buddhist sanctuaries of the Marble Mountains, the spectacular Golden Bridge which appears to be held aloft by giant hands, and the UNESCO World Heritage-listed ancient town of Hoi An, this is a destination that can stimulate the senses.

“With its blend of beachfront style and urban infrastructure, Danang has everything meeting planners could ask for. But it takes more than just stunning scenery to host world-class events; it requires passion, creativity and an intuitive ability to understand the unique requirements of each guest. Danang Marriott Resort & Spa works hand-in-hand with our clients to ensure that their important occasion runs smoothly, inspires their delegates and ensures maximum productivity. And being just 20 minutes from Danang International Airport, every guest can come and go with ease,” said Piotr Madej, General Manager, Danang Marriott Resort & Spa.

Under the “Spark This Moment” package, Danang Marriott Resort & Spa is inviting meeting planners to create unforgettable get-together on the pure shores of Vietnam’s central coast. This rewarding offer includes one complimentary room night for every 20 room nights booked, a 60-minute welcome reception with free-flow soft drinks or local beer, and double Marriott Bonvoy points! This promotion is valid for bookings made until 30th September 2023, and events hosted before 31st December 2023.

About Marriott Hotels
With nearly 600 hotels and resorts in over 65 countries and territories around the world, Marriott Hotels continues to elevate the art of hospitality – placing people first is the brand’s living legacy – ensuring guests always feel deeply cared for throughout their stay. Marriott Hotels raises the bar by consistently delivering heartfelt service, with modern, comfortable spaces, and by providing experiences elevated beyond the everyday. As global travelers needs and expectations evolve, so does Marriott Hotels, leading the industry with innovations including the Greatroom lobby and Mobile Guest Services that embrace style, design, and technology. For more information, please visit www.marriotthotels.com, and stay connected on Facebook, @marriott on Twitter, and @marriotthotels on Instagram. Marriott Hotels is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition.

About Marriott Bonvoy
Marriott Bonvoy’s extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world, with 31 brands that are tailored to every type of journey. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments™, or through partners for luxurious products from Marriott Bonvoy Boutiques®.

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First published at TravelNewsHub.com – Global Travel News

Meliá Hotels Unveils Paradisus Salinas Lanzarote in Spain

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Meliá Hotels Unveils Paradisus Salinas Lanzarote in Spain - TRAVELINDEX - TOP25HOTELS.comLanzarote, Spain, August 11, 2023 / TRAVELINDEX / The new Paradisus Salinas Lanzarote features 282 rooms and villas, an 1,800 m2 swimming pool, beautiful tropical gardens designed by César Manrique and seven dining options.

Designed by Fernando Higueras and César Manrique, the building combines rationalist architecture by Higueras with murals, pool and garden design by the Canarian artist and painter.

Over 40 years ago, Higueras took over the principal building with the idea that the concrete, formwork, and geometry of the folds and their monumental emphasis blend seamlessly with the surrounding nature and environment. In turn, Manrique took charge of the hotel’s swimming pool, the spectacular tropical gardens, home to more than 300 species; and of the frescos and sculptures that bring colour and warmth to the building and its interiors.

In 1979, the hotel was awarded the International Prize for Architecture. Today, following a complete renovation and redecoration of the spaces, Paradisus Salinas Lanzarote is a luxury 5* adults-only hotel, with direct beach access, spa, gym, meeting rooms, outdoor swimming pool, tennis court, rooms with private pools, villas, and extensive dining options.

The hotel is one of the assets that form part of the alternative investment vehicle Victoria Hotels & Resorts, a collaboration between Meliá Hotels International, Bankinter Investment and GMA.

Paradisus Salinas Lanzarote is nestled in a dreamy enclave, surrounded by the beautiful beaches of Costa Teguise and charming villages. The island of Lanzarote, a Biosphere Reserve, features unique lunar landscapes, volcanoes, unspoiled beaches, picturesque villages and an exceptional climate.

The hotel, the second in Europe from the luxury resort brand Paradisus by Meliá, aims to reinvent the traditional “all inclusive” concept, innovating and transforming it through new experiences linked to the destination’s nature and exploring everything it has to offer.

Under the slogan, “Embrace Your Nature”, Meliá Hotels International offers an authentic cultural immersion into each of the places where its hotels are located.

DESTINATION INCLUSIVE® EXPERIENCES: A NEW WAY TO TRAVEL

Paradisus by Meliá goes beyond traditional sun and beach tourism to bring new adventures. Like at all the hotels that form part of this brand, all Destination Inclusive® experiences are included in the guest’s stay at Paradisus Salinas Lanzarote.

Combining luxury with local culture and nature is key to providing guests with a truly unique experience. An innovative hotel concept where the guest’s entire stay is immersed in the local culture and traditions, from cooking workshops to excursions to the most hidden or iconic places of the Fortunate Isles or Islas Afortunadas.

Under the slogan, “Embrace New Adventures”, Paradisus Salinas Lanzarote has created unique Destination Inclusive® experiences that range from guided tours to popular tourist sites, like the Jameos del Agua or the Cactus Garden, to artistic excursions brimming with creativity, like the emblematic El Grifo winery with its vines intertwined in the volcanic ash that is so characteristic of the island.

At Paradisus by Meliá, the destination lies at the heart of a genuine adventure, where one can “discover the boundless pleasures of a holiday with a capital ‘H.’ Guests can escape to the most secluded corners, savour authentic cuisine, meet local artists, and discover the culture of the villages and their people,” explains Susanna Mander, Global Director of Brand Marketing at Paradisus by Meliá.

AN ABUNDANCE OF LOCAL AND INTERNATIONAL DINING OPPORTUNITIES

Haute cuisine is another of the attractive features of this hotel where international, Mediterranean and, of course, the signature Canarian cuisine is combined to reinterpret classics like papas arrugás con mojo, torrija de costillar from local cows, ropa vieja and a long list of recommendations, which naturally always include the exquisite cheese and wine varieties from the region.

Restaurants include: Malva Food Bazaar, Capella Italian Restaurant, La Graciosa (local cuisine), Samira (Middle East cuisine), Ginger Bar & Cocktail (open 24 hours), The Shack Pool Bar and The Reserve Pool Bar.

To understand some of the elements cooked on the traditional stoves of La Graciosa restaurant, we need to travel to the renowned restaurant La Acuarela in Mogan, which has been under Germán Ortega’s leadership for many years. Awarded a Michelin star and two ‘soles’ from the Repsol Guide, its cuisine is one of the most renowned and revered on the island. Ortega trained at the Vassa Eggen restaurant in Stockholm, at The Letonnie in England, awarded two Michelin stars, and at Hacienda Benazuza. With these influences and with a diverse career trajectory behind him, Ortega has designed La Graciosa’s menu, including a tasting menu of three dishes that will be changed seasonally.

About Meliá Hotels International
Founded in 1956 in Palma de Mallorca (Spain), Meliá Hotels International has more than 400 hotels open or in the process of opening, in more than 40 countries, and a portfolio of ten brands: Gran Meliá Hotels & Resorts, ME by Meliá, The Meliá Collection, Paradisus by Meliá, Meliá Hotels & Resorts, ZEL, INNSiDE by Meliá, Falcon’s Resorts by Meliá, Sol by Meliá, and Affiliated by Meliá. The Company is one of the world’s leading hotel chains in the leisure segment and its experience in this area has allowed it to consolidate itself in the growing market of urban hotels inspired by leisure. Its commitment to responsible tourism has led it to be recognised as the world’s most sustainable hotel in 2022 according to S&P Global’s Corporate Sustainability Assessment, as well as being a “Top Employer 2023” brand in Spain, the Dominican Republic, Mexico, Italy and Germany. Meliá Hotels International is also part of the IBEX 35.

About Paradisus by Meliá
Paradisus by Meliá Destination inclusive® Luxury Resorts is part of Meliá Hotels International, one of the leading family hotel operators in the world. Its properties are located in some of the most exclusive destinations in the world, as well as up and coming destinations, offering a superior experience to its guests. The luxury hotel brand currently has hotels in the Dominican Republic: Paradisus Palma Real Golf & Spa Resort; in Mexico: Paradisus Cancún, Paradisus Playa del Carmen, Paradisus La Perla (Adults Only) and Paradisus Los Cabos (BCS, Mexico); and in Spain, Paradisus Gran Canaria and Paradisus Salinas Lanzarote coming soon. Each property is surrounded by beautiful gardens with sea views that reflect the natural beauty of the destinations. Committed to health, wellbeing and the environment, each resort offers a range of authentic and tailored activities as part of the Life Enriching Experience, like yoga, treatments at YHI Spa, water sports and cooking classes. Paradisus by Meliá offers unique room categories and luxury options including The Reserve (adults only) and Nikté (for families), which offer premium accommodations, the highest service level of the brand, exclusive amenities and VIP services, which are ideal for a wide range of guests: couples, families, weddings and business travel. One of the new experiences included for VIP guests is Destination Inclusive®, activities that take place outside the hotel and invite our guests to immerse themselves in the local culture at each Paradisus destination.

About GMA
GMA is a private equity company specialising in the hotel sector and focused on investment, asset management and real estate projects. GMA has a team with more than 30 years of experience in the domestic and international market. It has managed its own and third-party investments, assuming different roles based on the type of company and project, from identifying opportunities, fund structuring, buying and selling, management, joint investment, promotion, operation and disinvestment of assets. In recent years, it has participated in more than 500 transactions and projects with a value of over 5,000 million euros. It currently manages more than 1,200 million euros in assets across all companies in which it participates.

About Bankinter and Bankinter Investment
Bankinter is the fifth largest Spanish bank and the most resilient in the Spanish financial system, as well as the first most solid financial entity in European banking, according to the European Banking Authority (EBA). Bankinter Investment is the Investment Bank subsidiary of the bank, an activity that the entity has been developing since 2011, and from which it has provided an important alternative investment platform that has become a benchmark in the Spanish market. Since 2016, it has successfully launched 21 alternative investment vehicles with committed capital from investors of more than 4,200 million euros that, including project financing, currently assumes an asset management portfolio of over 7,000 million euros, that will reach 10,000 million euros once all vehicles are 100% invested. For the management of assets in all vehicles, it has followed a model of exclusively partnering with an expert in each investment sector, like renewable energy, student residences, hotel sector, logistics real estate, infrastructure, retail spaces and capital risk. At the end of 2022, and protected under the new regulatory framework that established Law 18/2022, Bankinter Investment SGEIC was established, an entity of the Bankinter Group specialising in the management of alternative assets.

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First published at TravelNewsHub.com – Global Travel News