Acapulco Invests in Tourism Infrastructure
NOVEMBER 2, 2006. Acapulco breaks new ground with record-breaking investments in its tourism infrastructure, boasting new developments, hotel and spa openings and convention offerings.
Tourism officials have announced that private investors and developers have invested over 100 million U.S. dollars into the destination; which is part of a grand plan to bring the New Acapulco back into the tourism spotlight. Recent investments have placed Acapulco among the principal tourist destinations in Mexico to receive the largest number of private investments from domestic as well as foreign sources, according to a recent study conducted by Mexico's Ministry of Tourism, SECTUR.
Highlighting the transformation of Acapulco is the growth of the glittering Diamante area, which stretches along the coastline. Ambitious projects already underway include the new cliff-top Banyan Tree hotel slated for completion by year end.
Other upscale resort projects currently under development in the Diamante zone include the all-suite Mansion Imperial hotel, featuring 334 guest accommodations at an investment of $125 million USD.
Additionally, the impressive Villas Imperial will offer 900 villas or 2000 guestrooms with its investment of more than $85 million USD, while the Grand Tourism-rated Palace Imperial is slated to feature 360 suites for time share sales at an additional investment of $85 million USD. Acapulco resorts currently encompass 18,000 hotel rooms. This total is projected to increase by approximately 3000 within the next two years.
Also underway is construction of the Expo Imperial and Imperial Forum, the new exhibition and convention center with exhibit and meeting space totaling over 360,000 square feet. These facilities are part of the master-planned Mundo Imperial Project which additionally includes Casa Imperial, a hotel resort complex with 879 rooms and Fiesta Imperial, a 210,000-square-foot plaza comprised of restaurants, lounges, night clubs and cultural venues. The complex is projected to open in November 2007.
A $2 million USD renovation of the existing Acapulco Convention Center, the largest conference facility in Latin America, includes upgraded technological equipment as well as enhancements to its terraces and principal entrance.
Committed to building upon Acapulco's iconic appeal, within the next two years the Mexican government plans to begin development of the "Tourism Corridor" which will traverse the coastal region between the important resort destinations of Acapulco and Ixtapa-Zihuatanejo. With ongoing improvements to its infrastructure and highways, Acapulco will remain Mexico's favorite resort destination for years to come. Visit www.visitacapulco.com.mx
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