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Asia Pacific
Palace acquires new resorts
Saturday, 11 May, 2004
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Palace Resorts purchased four new properties in Mexico, and opened a new spa at its Moon Palace Golf & Spa Resort in Cancun.
The Moon Palace property with a Jack Nicklaus Signature Golf course that opened two years ago is now positioned as a golf and spa resort. It has 2,031 rooms, many with private balconies.
The acquisitions include the Hotel Sierra Cancun, Hotel Continental Plaza Playacar, Hotel Plaza Las Glorias and Hotel Sierra Nuevo Vallarta.
Palace properties have all-inclusive packages that also include alcoholic beverages and nightly entertainment.
Report by David Wilkening
David
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