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Tulum Welcomes Newest Luxury Resort, First Development to Open in Mexican Caribbean in 18 Months

Tulum Welcomes Newest Luxury Resort, First Development to Open in Mexican Caribbean in 18 Months

Vacation News » Vacation & Leisure Real Estate Edition | By Michael Gerrity | September 21, 2010 3:43 PM ET



(TULUM, MEXICO) -- Condo Hotel GBP in partnership with hotel operator Grand Bahia Principe and Mexico-based sales and marketing company Mexico Alive, this week unveiled  the first phase of The Gran Bahia Principe Sian Ka'an Condo Hotel in Riviera Maya, Mexico. 

The Gran Bahia Principe Sian Ka'an Condo Hotel, located within the exclusive 717-acre Bahia Principe Residential Complex, is a dynamic and one of a kind development in the region. Set against a backdrop of dramatic beauty, The Gran Bahia Principe Sian Ka'an Condo Hotel is entirely surrounded by the world class Robert Trent Jones II 27-hole championship golf course, as well as a 9-hole par 3 course. 

The Gran Bahia Principe Sian Ka'an Condo Hotel luxury development will feature 300 condo- hotel units distributed throughout 25 three-level buildings, each housing 12 units of contemporarily furnished one bedroom suites. The architecture of the community will celebrate luxurious resort living while placing a large emphasis on quality of design and finish, as well as all the unparalleled amenities of a boutique hotel.

"This grand opening not only celebrates the opening of The Gran Bahia Principe Sian Ka'an Condo Hotel, rather it sends a message to the local community and the world that the Mexican Caribbean tourism industry continues to grow," said Benjamin Beja, a representative of Mexico Alive. "With the first phase of the project alone, we created more than 500 jobs and we are dedicated to continuing to support the local community with future planned projects in the region."

"This grand opening is the first large scale development opening in the region in the past 18 months. Therefore, the opening of The Gran Bahia Principe Sian Ka'an Condo Hotel is not only a celebration of a new product offering, rather it sends a message to the local community and the world that the Mexican Caribbean tourism industry continues to grow," said Benjamin Beja, a representative of Mexico Alive. "With the first phase of the project alone, we created more than 500 jobs and with a total of $40million USD invested in Sian Ka'an and the upcoming Tao Riviera Maya development, we are dedicated to continuing to support the local community."

According to the 2010 Second Home Trend Report issued by North Carolina-based research firm E360, the August 2010 study found that despite the negative headlines in reference to Mexico, Americans are geographically savvy and the resort destinations in Mexico remain the preferred destination for U.S. second home buyers.

The study, which surveyed existing second home owners, stated that Mexico was twice as popular as Central and South America, primarily due to the fact that existing second home owners offer a different perspective on the market than typical high net worth consumers -- they already have learning under their belts and it is really a more savvy second home market.


 


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