New investments consolidate the Riviera Nayarit’s standing among luxury destinations in Mexico
- With 18 tourism projects on the way, Mexico’s Pacific Treasure is positioned among the top spots for attracting both foreign and domestic hotel investment.
The Riviera Nayarit continues to generate significant investments with 18 tourism projects underway and a new resort opening at the end of 2019. This positions the destination within the top spots nationwide in attracting tourism investment—nearly $3 billion’s worth.
This big investment includes resources from the federal government via Fonatur’s Master Planned Developments (MPD), as well as new developments under construction from Nuevo Vallarta to Punta de Mita and in the municipality of Compostela.
“Mexico’s Pacific Treasure is attracting more and more international hotel groups that contribute to its growth in terms of its tourism offer; we’re glad that investors and developers have the confidence in us to bring in these new premium tourism projects,” said Jesús Carmona, president of the Banderas Bay Hotel and Motel Association (AHMBB) and the Riviera Nayarit Convention and Visitors Bureau (CVB).
He added: “The destination had a very successful 2019 and welcomed more than 2.7 million visitors; Mexico was the main country of origin, followed by the United States, Canada, England, and South America.”
“We see this tendency towards growth continuing into 2020. Several well-known hotel brands are ready to present their new properties in the destination, and others are scheduling openings within the next 5 years,” said the hotel association present.
INVESTMENTS (2019-2025)
2019
Marival Armony | Punta de Mita | Opened 268 rooms.
Riu Vallarta | Nuevo Vallarta | Resort-wide renovations.
2020
Auberge Susurros del Corazón | Punta de Mita | 59 suites.
Conrad Punta de Mita | Litibú | 325 rooms.
One and Only | Mandarina | 145 villas.
Occidental Nuevo Vallarta by Barceló | Nuevo Vallarta | 92 rooms.
Four Seasons Resort | Punta Mita | Renovated 50 suites.
2021
Secrets Punta de Mita Resort & Spa | Punta de Mita | 200 rooms.
Dreams Punta de Mita Resort & Spa | Punta de Mita | 415 rooms.
Ritz Carlton Reserve | Costa Canuva | 120 rooms.
Iberostar Grand | Litibú | 300 rooms.
Vidanta World Park | Nuevo Vallarta | 600 rooms.
2022
Rosewood | Mandarina | 128 rooms.
2023
The Ritz Carlton Resort | NIA Destiladeras | 240 rooms.
Westin Hotels | NIA Destiladeras | 400 rooms.
Fairmont Hotel & Resorts | Costa Canuva | 250 rooms.
Vidanta World Park | Nuevo Vallarta | 700 rooms.
2025
JW Marriott | NIA Destiladeras | 500 rooms.
Autograph Collection | NIA Destiladeras | 500 rooms.
MORE INFO:
According to the federal Secretary of Tourism, Mexico’s hotel industry will close with 22,000 new hotel rooms; an increase of 2.7% over 2018.
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The Riviera Nayarit Convention and Visitors Bureau (CVB) and the Bahía de Banderas Hotel and Motel Association (AHMBB) reaffirm their commitment to the strategic promotion of the destination, pursuing opportunities, and consolidating new markets to increase the number of incoming tourists with the support of the Government of the State of Nayarit via the Tourism Promotion Trust (Fiprotur).
