Apple Leisure Group® (ALG) reported today that the company will end the year with the largest pipeline of all-inclusive resorts in the Caribbean. This follows multiple years of double-digit growth for the company, a trend which ALG will continue as it is poised to expand its portfolio of resort management contracts by 36 percent, if we only consider the projects secured to-date.“The Caribbean and Mexico are the cornerstone of our growth strategy, and with STR* reporting a nearly 27 percent year-over-year increase in the number of hotels under construction in the region, there is unprecedented opportunity,” said Javier Coll, Executive Vice President and Chief Strategy Officer of ALG. “Apple Leisure Group offers the distinct advantage of a team with a long history of opening and managing successful resorts, a necessity for owners seeking to break into this highly competitive market.”
Through its subsidiary, AMResorts®, ALG has close to 20 resorts in the pipeline in the Caribbean, Mexico, and Central and South America. These properties mark the company’s entry into several new destinations, including St. Lucia, as well as its expansion in countries where it has an established presence such as the Dominican Republic, Costa Rica and Mexico. The new projects span AMResorts’ six award-winning brands: Zoëtry® Wellness & Spa Resorts, and Secrets®, Breathless®, Dreams®, Now® and Sunscape® Resorts & Spas.
In addition, the company is continuing to identify new opportunities to strengthen its distribution channels in the region. Currently, ALG is responsible for delivering every two out of 10 North American travelers to the Caribbean.
To learn more about hotel development opportunities in the luxury all-inclusive space, please visit www.algdevelopment.com
*STR
About Apple Leisure Group
Apple Leisure Group® is a leading hospitality company holding a unique niche in the U.S. travel industry. Its vertically integrated business model and robust infrastructure leverages the expertise of six innovative subsidiaries to deliver exceptional value to savvy travelers and strong resort performance to owners. ALG’s award-winning subsidiaries include: Apple Vacations®, the world’s largest tour operator to Mexico and the Dominican Republic; Travel Impressions®, a prominent U.S. wholesaler possessing an extensive global portfolio; CheapCaribbean.com®, a popular online travel agency specializing in luxury vacation packages and resort accommodations in Mexico and the Caribbean; AMResorts®, provider of marketing and brand management services to six luxury resort brands; Amstar DMC®, a destination management company offering premium airport transfers, tours and excursions; and Unlimited Vacation Club®, AMResorts’ popular guest loyalty program for discerning travelers who expect the very best in a vacation experience. For more information on Apple Leisure Group, visit www.algdevelopment.com.
