Mexico - Apple Leisure Group plans to invest $600 million dollars in Mexico through its hotel division, AMResorts.
The company intends to invest in six new resorts by October 2015 with a combined 2,800 rooms in Quintana Roo (Cancun and the Riviera Maya), Los Cabos and Puerto Vallarta. Plans call for properties under the Sunscape, Secrets, Now, and Breathless brands.
The developments will generate more than 4,000 jobs and an estimated $237 million in annual sales after the first year of operation, according to Alex Zozaya, president, Apple Leisure Group.
"AMResorts is fiercely committed to Mexico and believes the destination provides a strong opportunity for investors," he said. "With more than 20 properties across Mexico, AMResorts has seen firsthand the social and economic impact of our investments and is excited for the next growth phase."
AMResorts' brands are Secrets, Dreams, Sunscape, Zoetry, Now and Breathless.