Ennismore | Strategic North American Expansion Adding to its Portfolio Six All - Inclusive Resorts in Mexico

Ennismore a prominent lifestyle and leisure hospitality company headquartered in London, England, UK, a global collective of entrepreneurial and founder - built brands with creativity & purpose at their heart that curates and manage unique properties and experiences in some of the most exciting destinations around the world, announced a strategic North American expansion adding to its portfolio six all – inclusive resorts in Mexico.

This relevant move will add 1600 rooms and 900 keys across two properties in the pipeline, further reinforcing the British hospitality company in the high - growth, high - margin luxury all - inclusive segment.

The six new resorts in Mexico incorporated in the group's portfolio aligns with Ennismore’s strategic plan on accelerating its growth in the Americas, and for that the company has opened an office in Cancun to reinforce its commitment to the region,currently boasting a network and pipeline of 70 American resorts.

The deal include that these resorts are part part of a broader agreement under Accor S.A., French multinational hospitality based in Issy - les - Moulineaux which entered in a joint venture with Ennismore in 2021 to create a new autonomous entity, with Accor S.A. holding a majority shareholding.

This operation is expected to close in the second half of the year, pending regulatory authorisation, including antitrust approval.

Three of the new resorts located in Cancun, Cozumel and Puerto Vallarta will undergo under renovation and restyling and be rebranded as Rixos Hotel, a global luxury hotel brand, known for its “All - Inclusive”, “All - Exclusive” concepts offering unique experience with modern luxury and a variety of activities and amenities.

This brand owned by Ennismore has seen an exponential growth since 2017, more than tripling its network and pipeline across Asia, Egypt, the Middle East and Turkey, redefining the all - inclusive experience providing luxury experiences, highlighted by the implementation in its units exceptional culinary concepts and highly curated entertainment.

Finally the remaining three properties located in Acapulco, Cancun and Ixtapa will continue to operate under the existing brand.

 Link
https://press.accor.com/ennismore-accelerates-growth-in-the-americas-strengthening-its-global-leading-position-in-luxury-all-inclusive/?lang=eng

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