TM Grupo Inmobiliario

TM Grupo Inmobiliario
TM Real Estate Group strengthens its hotel presence in the Riviera Maya with its new project called The Beachfront Suites by The Fives

TM Real Estate Group strengthens its hotel presence in the Riviera Maya with its new project called The Beachfront Suites by The Fives

03.10.2023 |  Blog TM  | Corporativo | News TM | Press release 

Lecture time: 2 minutes

The hotel business division of the Alicante-based holding company in Mexico, operated under the brand name The Fives Hotels & Residences, currently represents 25% of the Group's turnover.

 

The Fives Hotels & Residences,the hotel business division of TM Real Estate Group, a leading Alicante-based holding company in the residential, hotel and responsible holiday tourism industry on the Mediterranean and Caribbean coast, has strengthened its presence in the Riviera Maya with The Beachfront Suites by The Fives Hotels, an exclusive boutique hotel designed for adults in the Riviera Maya.

This luxury hotel, located in Xcalacoco (Playa del Carmen), is scheduled to start operations starting spring 2024 and features 50 beachfront and ocean view suites, which will allow guests to enjoy panoramic ocean views, a private beach club and premium services and amenities in a paradisiacal setting.

This new hotel adds to the 1,000 hotel keys already managed by The Fives through its resorts The Fives Beach Hotel & Residences and The Fives Downtown Hotel & Residences, in Playa del Carmen, and The Fives Oceanfront, in Puerto Morelos. This project therefore joins The Fives’ prestigious collection of hotels that offer a unique style of sensory hospitality, thanks to its exclusive “all senses inclusive” concept, based on the brand’s differentiating pillars: All Senses Hospitality, Residence-Style Suites, Fives Ambassadors, Culinary Experience and Fun and Wellness.

 

 

25% of the Group’s turnover

TM Real Estate Group’s hotel business division in Mexico, operated under the brand name The Fives Hotels & Residences, closed last year with a record turnover of €65m, 44% higher than the figures for 2021. Currently, it already accounts for 25% of the Group’s total turnover.

We are extremely excited to introduce The Beachfront Suites by The Fives Hotels to all our stakeholders. This new boutique hotel represents yet another step in our commitment to offering our guests a unique sensory experience and luxury hospitality in the Riviera Maya,” said Joaquín Serna, general director of the real estate and hotel development in Mexico.

 

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