Alojica
Alojica Completes Acquisition of the Royal Islander Cancun in Mexico
Alojica | December 21, 2023
MEXICO CITY, Dec. 21, 2023 -- Black Creek Mexico ("BCM") is pleased to announce that affiliates of Alojica, a BCM sponsored investment platform, have completed the acquisition of the Royal Islander Cancun. Leveraging its prime beachfront location, Alojica plans to completely transform the property over the coming years as a leading all-inclusive resort in the Mexican Caribbean. "We are thrilled to be making this investment in the largest resort market in the Caribbean and the #1 international destination for U.S. travelers in the world", said Oriol Gimenez, Managing Partner of Grupo Alojica. "This investment further underscores Alojica'...
Alojica Completes Acquisition of Marriott Puerto Vallarta Resort & Spa
Alojica | October 2, 2023
MEXICO CITY, Oct. 2, 2023 -- Black Creek Mexico ("BCM") is pleased to announce that affiliates of Alojica, a BCM sponsored investment platform, have completed the acquisition of the Marriott Puerto Vallarta Resort & Spa, from an affiliate of Marriott International, Inc. The 433-room beachfront resort, located in Puerto Vallarta, Jalisco, Mexico, is managed by an affiliate of Marriott International under a long-term Marriott Hotels & Resorts agreement. Alojica plans for the property to undergo a transformational capital improvement plan to convert the property into All-Inclusive by Marriott Bonvoy. Planned improvements include a compr...
