The Development

Caribe Hospitality will develop total of 20 to 25 hotels throughout Mexico, Central America and the Caribbean. The company has set up a team of experts in different areas to develop the hotels, that once built will be operated by an international recognized brand, with Caribe Hospitality acting as the Asset Manager.

Since 2000 we have built an exclusive portfolio of properties, including as of today seven Courtyard by Marriott and the first Residence Inn by Marriott hotel developed in Latin America. Recently, Caribe Hospitality has included new tiers in its development strategy with JW Marriott hotels, Marriott Hotels & Resorts and introducing the Fairfield Inn by Marriott to the region.

Given its reputation as a prestigious hotel developer, recognized international financial institutions have partnered with Caribe Hospitality. In 2007 a Master Facility Agreement was signed with International Finance Corporation (IFC); in 2009, a similar agreement was signed with the Inter-American Development Bank (IADB). As a result of this partnership, new growth opportunities have emerged in countries of this region.

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