Royal Caribbean Group confirmed it is buying the Port of Costa Maya in Quintana Roo, Mexico.
In a SEC filing it said the deal is worth nearly $300 million and includes adjacent land at Mahahual.
It is tied to Royal Caribbean’s planned Perfect Day Mexico private destination,.
Perfect Day Mexico will have a separate entrance from the port and Royal Caribbean said rival cruise lines will still be able to call at the port.
The cruise company plans major upgrades at the port and surrounding infrastructure.
“We’re still in the design and planning process for Perfect Day in Mexico,” Royal Caribbean Group CEO Jason Liberty said at a recent earnings call.
Although few details have been shared so far, Perfect Day Mexico will have a water park, beach, restaurants, bars and pools.
It is set to open in 2027.
Separately, Royal Caribbean is also bringing its land based Royal Beach Club concept to Cozumel in 2026.
