Curves_back
Monday, December 01, 2008
Join Our Newsletter
| Search For Venues | Search:
Topics

show top ten
show top 100
Topics
venue logo
meeting planners
venue owners
Subscribe
Subscribe free of charge to receive a daily e-mail with the headline news from TravelDailyNews International. Just click the check-marked button.
Subscribe

Member of :



Jones Lang LaSalle Hotels arranges sale of the Club Med Villas Arqueologicas
Wednesday, December 19, 2007
On behalf of its client, Club Mediterranee, Jones Lang LaSalle Hotels announced the sale of the Club Med Villas Arqueologicas to a private Mexican investor in partnership with Islander Collection, a Mexico-based hospitality group. The 217-guestroom portfolio is comprised of five boutique hacienda-style hotels located adjacent to, or in some cases, within, some of the most significant Aztec and Mayan archaeological sites in Mexico. Three of the archeological sites involved –Teotihuacan, Chichen Itza and Uxmal – have been designated World Heritage Sites by UNESCO.

The properties known as Villa Teotihuacan, Villa Chichen Itza, Villa Uxmal, Villa Cholula, and Villa Coba were constructed in 1977 and completely refurbished in 2000. Each villa has between 42 and 45 guestrooms, and is built around a central courtyard with lush gardens, a swimming pool and a terrace restaurant.

“This acquisition represents a unique opportunity for the buyer to purchase a portfolio of assets that are so close to major archaeological sites that their construction could not be replicated today,” said Christian Charre, a senior vice president for Jones Lang LaSalle Hotels. “The sensitive location of the Club Med Villas Arqueologicas required Jones Lang LaSalle Hotels and Club Mediterranee to be very vigilant in selecting a buyer that would commit to preserve, protect and cherish these locations the way Club Mediterranee has for over 20 years.”

“The exotic location of each hotel, surrounded by vestiges of ancient history, is an ideal setting to provide guests a sophisticated vacation experience. While there is an environment of tranquility around each villa, there are also a myriad of options for adventurous activities. Combined with a planned renovation that will result in more upscale accommodations, the buyer will be able to realize substantial growth opportunities,” said Miguel Rivera, a senior vice president for Jones Lang LaSalle Hotels.

 

Rania Deimezi - Wednesday, December 19, 2007
0 recommendation(s) , 110 print(s), 506 views, 0 comment(s)
Recommend Print Comment

Bookmark with:

Delicious Delicious Digg Digg Reddit reddit Facebook Facebook Stumbleupon StumbleUpon
Related_articles
Red_dot
Jones Lang LaSalle Hotels scoops two ALIS awards
Rania Deimezi - Wednesday, February 13, 2008
Red_dot
Select service hotel buyers outnumber sellers almost 5:1 in the US
Rania Deimezi - Thursday, February 07, 2008
Red_dot
New asset management engagement for JLLH
Rania Deimezi - Friday, January 11, 2008
Red_dot
Jones Lang LaSalle Hotels closes over $1.4 billion since August
Rania Deimezi - Wednesday, January 09, 2008
Red_dot
JLLH arranges financing of the Wellesley Inn Atlanta Airport
Rania Deimezi - Tuesday, January 08, 2008
Red_dot
JLLH arranges the sale of The Woodlands Marriott Hotel
Rania Deimezi - Thursday, December 27, 2007
Red_dot
JLLH arranges sale of the eight-property Dakota Hotel portfolio
Rania Deimezi - Monday, December 24, 2007
Red_dot
Jones Lang LaSalle Hotels arranges the sale of the Hotel @ MIT
Rania Deimezi - Tuesday, December 11, 2007
Presentation
Featured_events
Article
Article_by_ittfa
Exhibitions_calendar
Job_offerings
Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

Stats All Polls