Since AMResorts’ brand’s expansion in Europe, together with the entry into Greece and the development of its portfolio in Spain, throughout 2020 the corporate achieved an 85% improvement in room stock.
Presently, the AMResorts growth pipeline contains 22 new builds and 37 conversions. The firm’s aim is to have 103 branded properties by the end of 2021.
Javier Coll, the Group’s President for Global Business Development mentioned, “Our business mannequin has confirmed to resonate with owners and investors in Europe, resulting in our fast but regular development in that region”.
As a part of its European growth, AMResorts introduced three new properties within the Greek islands of Crete, Corfú, and Zante. The three properties will go through renovations earlier than debuting as AMResorts hotels in 2022.
The company additionally marked its entry into the Iberian Peninsula, declaring an agreement to bring the first Alua branded properties to the Spanish areas of Andalucía and Murcia, beyond the Canary and Balearic Islands and in locations that cater mainly to Spanish vacationers.
The Group maintained its presence in Mexico, Central America, and the Caribbean in 2020.
As of now, all branded properties of AMResorts in Mexico have re-opened. As the Caribbean Resort is concerned, all have opened except Secrets St. Martin Resort & Spa, which is able to start to welcome visitors in late January, and in Central America, Desires Playa Bonita Panama will re-open in March.
