fiesta americana condesa cancun
FibraHotel to Acquire the Fiesta Americana Condesa Cancun All-Inclusive Resort Hotel for Ps. 2,892 Million (US $163M)
FibraHotel | August 16, 2017
MEXICO CITY, Aug. 16, 2017 -- FibraHotel (BMV: FIHO12), the first real estate investment trust specialized in hotels in Mexico announces an agreement to acquire the Fiesta Americana Condesa Cancun resort hotel for a purchase price of Ps. 2,892 million in a sale and leaseback transaction with Grupo Posadas. FibraHotel and Grupo Posadas have signed a binding agreement subject to certain conditions including: (i) the approval of Grupo Posadas´ and FibraHotel´s shareholders, (ii) FibraHotel´s successful CBFI placement and, (iii) COFECE1 Authorization. The transaction is expected to close at the beginning of 2018. Additiona...
Grupo Posadas to Launch Multimillion Dollar Renovation of Fiesta Americana Condesa Cancun
Grupo Posadas | May 16, 2016
Cancun, Mexico (May 16, 2016) – Grupo Posadas, the largest hotel operator in Mexico, is excited to announce the upcoming multimillion dollar remodel of Fiesta Americana Condesa Cancun All Inclusive beginning June 1, 2016 with an expected completion date of spring 2017. Part of the Fiesta Americana Resort Collection, the long-anticipated renovation of Fiesta Americana Condesa Cancun, will result in an entirely upgraded experience with the improvement of the guest accommodations to a more modern, yet warm Mexican look at feel. The renovation will be conducted one tower at a time with the first phase of this project dedicated to Torr...
