Alojica completes acquisition of the Marriott Puerto Vallarta Resort & Spa
Black Creek Mexico (BCM) announced that affiliates of Alojica, a BCM sponsored investment platform, have completed the acquisition of the Marriott Puerto Vallarta Resort & Spa from an affiliate of Marriott International. The 433-room beachfront resort, located in Puerto Vallarta, Jalisco, Mexico, is managed by an affiliate of Marriott International under a long-term Marriott Hotels & Resorts agreement. Alojica plans a transformational capital improvement plan to convert the property into an all-inclusive resort by Marriott Bonvoy. Planned improvements include a comprehensive renovation of all guestrooms and the addition of swim-up pool rooms, updated food and beverage offerings and a new master plan to expand and enhance the hotel’s pools, spa, fitness, landscaping and other recreational amenities around newly designed public area.
“All-inclusive resorts are among the fastest-growing hotel asset classes globally and in Mexico in particular, and we are very excited