Secrets Capri, Dreams Cancun, Dreams Puerto Vallarta, Sunscape Puerto Aventuras and Dreams Punta Cana
The resorts will continue to be managed by AMResorts
Playa Hotels & Resorts, S.L. today announced it has closed on the purchase of five resorts, operated and branded by AMResorts, located throughout Mexico and the Dominican Republic. The properties include:
The acquisition of these five upscale Unlimited Luxury(R) and Unlimited Fun(R) resorts complements Playa's existing portfolio of 12 resorts throughout Mexico and the Dominican Republic operated by Barcelo Hotels & Resorts and AMResorts. As part of the arrangement with AMResorts, Playa has committed to spend over $25 million over the next 12 months to upgrade the five properties which will retain their AMResorts branding and management.
Bruce Wardinski, Chairman and CEO of Playa Hotels & Resorts, said, "We look forward to our expanding relationship with AMResorts as we acquire these well-run and popular hotels. AMResorts has a proven track record for operating quality resorts that appeal to upscale luxury travelers. They continue to deliver extraordinary customer experiences that drive demand, brand loyalty and profitability," added Wardinski.
