Holiday Inn Club Vacations Incorporated has acquired four resorts in Mexico from Royal Resorts, marking its first expansion outside the United States and enhancing its family-oriented holiday offerings.

Information on the Target

Holiday Inn Club Vacations Incorporated, a prominent vacation ownership company and partner of IHG® Hotels & Resorts, has announced its acquisition of four picturesque beachfront resorts located in Cancun, Playa del Carmen, and the Riviera Maya, Mexico from Royal Resorts®, a pioneering name in the Mexican Caribbean tourism sector. This acquisition marks a significant milestone as it represents Holiday Inn Club Vacations' inaugural foray outside the United States, thereby enhancing both Holiday Inn Club Vacations’ and IHG's resort offerings and expanding guest options for leisure travel.

The acquired resorts, recognized for their family-friendly amenities, include The Royal Sands®, The Royal Cancun®, The Royal Haciendas®, and Grand Residences by Royal Resorts®. Together, these properties will contribute over 850 villas to Holiday Inn Club Vacations' expanding portfolio, with a full integration expected to take approximately one year. During this transition period, the resorts will maintain normal operations to ensure uninterrupted guest services.

Industry Overview in Mexico

The Mexican tourism industry, particularly in the Caribbean region, has seen consistent growth and popularity among global travelers, primarily due to its rich cultural heritage, stunning natural landscapes, and welcoming hospitality. The Cancun and Riviera Ma