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'...