Royal Holiday Group has announced that Accor is in exclusive negotiations to purchase 17 management agreements (3 200 keys). The portfolio includes six existing All-inclusive Resorts in Mexico (1,660 keys) to be managed by Ennismore, as well as eleven existing resorts and city hotels in Mexico, Argentina, Puerto Rico and the USA (1,540 keys) to be managed by Accor PM&E Americas. The total consideration amount of $79M is being paid in stages, and will all be used to partially fund the $130M refurbishment plan for the properties over the next thirty months.
This asset-light, beachfront platform will enable Accor’s brands to be more visible in the Americas. This addition will allow Accor to accelerate its growth in this area, particularly in Mexico, as well as continue developing the all-inclusive resorts portfolio that has experienced a 25% CAGR in network over the past three years.
After renovation, three properties in Cancun Cozumel Puerto Vallarta and Cancun will be rebranded as Rixos Hotel. This marks a milestone in global growth for the brand with its first entry in the Americas. Three more resorts, in Cancun Acapulco and Ixtapa, will continue to be under the current brand. The eleven other properties will be rebranded post-renovation under either the Swissôtel, Mercure, Mercure Living or ibis styles.
This is an incredible opportunity for Accor to expand its Premium Midscale & Economy brands in new destinations throughout the region. This is a major milestone in our history and we are dedicated to enriching and supporting the local communities, where our resorts reside. We also want to foster strong relationships with them and contribute to their sustainable growth. We look forward to working with our new partners in creating memorable experiences for our customers and a positive impact on these vibrant destinations. Thomas Dubaere, CEO Americas Accor
Since joining Accor, Rixos has tripled its network. This reinforces its position as a leader in the luxury, all-inclusive market, with dynamic growth in the Middle East and Egypt. This strategic acquisition marks Rixos’ bold entry into the Americas — a pivotal move into one of the world’s most promising all-inclusive markets. Ennismore is expanding its portfolio of all-inclusive resorts globally. The addition of six resorts will help us reach the midscale segment and unlock new growth opportunities in key destinations around the world. Gaurav Bhujhan, co-CEO Ennismore
After the usual regulatory approvals for such a type of acquisition, including antitrust clearance, the deal should close by the second half of the year.
About Accor – a world leader in hospitality
Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels and resorts, 10,000 bars & restaurants, wellness facilities and flexible workspaces. The Group is one of the largest hospitality groups in the world, with over 45 brands, from luxury to budget, and Lifestyle with Ennismore. ALL is Accor’s booking platform and loyalty programme that embodies its promise, both during and after the hotel stay. It also gives members access to exclusive experiences. Accor’s focus is on driving positive change through business ethics and responsible tourism. It also focuses on environmental sustainability, community engagement, inclusivity, diversity, inclusion, and diversity. Accor’s mission is reflected by the Group’s purpose. Pioneering the art and practice of responsible hospitality while connecting cultures with heartfelt care. Accor SA was founded in 1967 and has its headquarters in France. The Group is listed on Euronext Paris Stock Exchange, ISIN code: FR0000120404 (and on OTC Market: ACCYY in United States) as part of the CAC 40. Please visit for more information. group.accor.com Follow us on X, Facebook, LinkedIn, Instagram You can also find out more about the following: TikTok.
