Playa Buys Gran Costa Real Resort
CANCUN, Mexico, October 2, 2006, Playa Hotels & Resorts has announced its acquisition of the 357 guestroom Barcelo Costa Cancun Hotel. This is the sixth hotel that Playa now owns in Mexico. The Barcelo Costa Cancun is a Mediterranean style hotel complex on the sheltered bayside of the Caribbean overlooking Playa Linda.
The upscale hotel is all-inclusive and offers fine dining in a selection of five restaurants. In addition, guests may enjoy house brand cocktails, water sports, an air conditioned fitness center, recreational activities, a children's program, and live entertainment each evening as part of their all-inclusive experience.
Guests may also choose to add spa services to their stay for an additional fee at the hotel's spa facilities. The hotel's meeting facilities can accommodate groups of up to 150 people. Playa Hotels & Resorts plans additional upgrades and refurbishments to the hotel in the coming months.
"We are pleased to announce our purchase of this beautiful property in the heart of Cancun's thriving resort area," said Bruce Wardinski, Chairman & CEO of Playa Hotels & Resorts, S.L. "The Barcelo Costa Cancun fits our fund's criteria of acquiring or developing upscale resort properties throughout Mexico, Latin American and the Caribbean. It is a well-located hotel with excellent facilities, and under the Barcelo flag we know we will create a first class experience for guests to enjoy," added Wardinski.
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