Hilton Expands All-Inclusive and Luxury Portfolio in Mexico with Signing of Three Beachfront Resorts

Hilton Vallarta Riviera All-Inclusive Resort, Hilton Tulum All-Inclusive Resort, and Conrad Tulum usher in new all-inclusive and luxury experiences across Mexico’s most coveted destinations

MCLEAN, Va. – Leading global hospitality company, Hilton (NYSE: HLT), announced today the signing of three managed resorts in Mexico, furthering the company’s all-inclusive and luxury expansion plans: Hilton Vallarta Riviera All-Inclusive Resort, Hilton Tulum All-Inclusive Resort and the luxurious Conrad Tulum. The newest additions to the company’s portfolio showcase Hilton’s deep-rooted commitment to growing its unrivaled offerings in Mexico, where Hilton has more than 70 hotels open and more than 30 in the development pipeline.

“Mexico has always been an incredibly important destination for Hilton. These new additions are one more symbol that tourism in Mexico is rebounding and it is with great pride that we continue evolving our offerings in this burgeoning market, especially in the luxury and all-inclusive segments,” said Danny Hughes, Executive Vice President and President, Americas, Hilton. “We are extremely proud of our new products, ongoing partnership with Parks Holdings and the resilient Team Members who are working to bring the warmth of hospitality to the new resorts entering our portfolio.”

A development by Parks Hospitality and owned by Fibra UNO, Hilton Vallarta Riviera All-Inclusive Resort is expected to convert in Q4 2021. Situated between the beaches of the Bay of Banderas and the majestic Sierra Madres Mountain, the 444-room AAA Four Diamond award-winning resort features a picturesque private beach, two glistening pools, full-service spa, fitness center, six craft cocktail bars, and seven specialty restaurants offering a variety of cuisine including Asian, Italian and Mexican flavors, as well as seafood and tapas options. Catering to the evolving needs of today’s business traveler, the resort offers nearly 26,000 square feet divided with 13,000 square feet of outdoor event space and 13,000 square feet of flexible indoor meeting space.

Owned and developed by Parks Hospitality, Conrad Tulum and Hilton Tulum All-Inclusive Resort are anticipated to join the Hilton portfolio in Q4 2021 and Q1 2022 respectively. The distinctly unique hotels will each provide guests with a brand-exclusive experience featuring world-class dining and extensive recreation options, while offering visitors access to shared amenities including a meetings and events complex and a state-of-art spa.

“We are honored and excited to be extending our successful partnership with Hilton with these iconic resorts and bringing new unprecedented luxury options to Tulum. We believe Mexico’s unique combination of people, culture, gastronomy, and natural beauties, make it the best global destination for tourism and we look forward to our continued future growth with Hilton. I would like to thank all of Parks, FUNO and Hilton’s team for all their hard work in bringing these amazing projects to reality,” said Charles Elmann Fasja, CEO Parks Holdings.

Nestled among verdant tropical vegetation, overlooking the Caribbean Sea’s turquoise waters, and situated on an expansive stretch of beach, the new-build 349-room luxurious Conrad Tulum will be Conrad Hotels & Resorts’ first hotel in Quintana Roo on the eastern coast of the Yucatan Peninsula. Located near one of the best-preserved Mayan sites in Mexico, the property will provide a secluded haven for travelers featuring a bold design aesthetic inspired by Tulum’s lush landscape, picturesque beaches, and surrounding nature reserves. In addition to elegantly appointed rooms, the new hotel’s selection of accommodations will feature contemporary and sophisticated master suites, governor suites and presidential suites. Guests can choose from seven world-class restaurants and bars featuring an array of cuisine options from Mediterranean and Asian to a special Chef Table’s dining experience and relax and unwind in five pools. Like other properties in the Conrad Hotels & Resorts portfolio, Conrad Tulum will draw on the destination’s local influence and offer a distinct experience for travelers. Travelers will enjoy an enriching escape with effortless and passionately delivered service as they explore and immerse themselves in Tulum’s culture and community.

The 735-room oceanfront Hilton Tulum All-Inclusive Resort will introduce travelers to an upscale and elevated all-inclusive experience in this sought-after destination. Set to boast unrestricted views of the picturesque waters of the Caribbean Sea, the resort will offer seven dining experiences featuring international cuisine, an expansive multiple pool complex with a waterpark, and a secluded beach.

In addition to the variety of dining and recreation options at the luxurious Conrad Tulum or Hilton Tulum All-Inclusive Resort, all guests at either hotel will have access to a 21,500-plus square foot spa, with 16 treatment rooms and a pool, in a private and quiet area surrounded by tropical resort grounds. Guests visiting for meetings or events will have access to a 55,000 square foot convention center and an auditorium that seats up to 400 people.

Continued Growth in Mexico

Hilton continues to showcase confidence in the tourism industry’s rebound, including in Mexico as seen with the recent opening of The Yucatan Resort Playa Del Carmen, Tapestry Collection by Hilton as well as the upcoming Hilton Cancun, an All-Inclusive Resort located on 100 acres of Mayan coastline with a pool complex, 12 all-inclusive culinary experiences and 715 guestrooms. With these latest additions, travelers can choose from six Hilton all-inclusive resorts in Mexico and four luxury resorts, including the renowned Waldorf Astoria Los Cabos Pedregal, the recently opened Conrad Punta de Mita, and Waldorf Astoria Cancun, debuting in 2022.

“The addition of these resorts reinforces Hilton’s commitment to further our all-inclusive growth strategy and expansion of our luxury resorts portfolio in the top leisure destinations in the region,” said Juan Corvinos, vice president development, Caribbean and Latin America, Hilton. “With today’s travelers planning that much-desired getaway, Hilton offers remarkable options. The announcement of these three new Hilton properties in Mexico comes on the heels of other recent all-inclusive development news: the May 2021 opening of The Yucatan Resort Playa Del Carmen, Tapestry Collection by Hilton, and the upcoming September 2021 opening of Mangrove Beach Corendon Curaçao Resort, Curio Collection by Hilton and November 2021 opening of Hilton Cancun, An All-Inclusive Resort.”

Hilton currently has a portfolio of more than 170 hotels and resorts welcoming travelers in the Caribbean and Latin America, including more than 70 properties in Mexico. The company continues to pursue additional growth opportunities in the region and currently has a robust pipeline of nearly 110 hotels throughout the Caribbean and Latin America, including more than 30 projects across Mexico.

Hilton Vallarta Riviera All-Inclusive Resort, Hilton Tulum All-Inclusive Resort, and Conrad Tulum will all participate in Hilton Honors, the award-winning guest-loyalty program for Hilton’s 18 distinct hotel brands. Members who book directly will have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of points and money to book a stay, exclusive member discounts, free standard Wi-Fi and access to the Hilton Honors mobile app.

About Parks Hospitality

Parks Holding is a leading development company of hotels and resorts, mixed use, shopping malls, corporate offices and industrial facilities, which create high quality development spaces, in accordance to its history and executed projects. With exceptional talent and capabilities, Parks has developed over 10,000 hotel rooms and more than 100 million square foot of different use buildings in Mexico. Some of its Hotels Developments include Hilton and Waldorf Astoria Cancun, Conrad and Hilton Tulum, Hilton Vallarta Riviera,  Hilton Santa Fe, Hilton Guadalajara Midtown, Canopy by Hilton Cancun, Hilton Monterrey, and many others under different brands such as Grand Hyatt, Hilton Garden Inn, Hampton Inn by Hilton, Fiesta Americana, Fiesta Inn, One and CityExpress.

About Fibra UNO

Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA (REIT) in the Mexican market. It operates and develops a wide range of real estate assets for leasing, mainly in the industrial, retail and office segments. As of March 31st, 2021, Fibra Uno had a portfolio of 634 properties that totaled approximately 10.8 million sqm with footprint on all states of Mexico. Fibra Uno’s strategy focuses in having the best locations, high-quality assets and geographic, segment and tenant diversification. Furthermore, FUNO ^® management team has more than 30 years of expertise in development and operation of all segments of the real estate industry.

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