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Apple Leisure Group® (ALG) Executive Vice President and Chief Strategy Officer, Javier Coll, announced today at FITUR that the company plans to grow its European portfolio to 35 hotels and 10,000 rooms across the continent by 2021. Coll, who is responsible for the company’s business operations and expansion in Europe, was joined by fellow ALG executives during a press conference at the International Tourism Fair, where they outlined the company’s achievements in 2018 and European expansion plans. Executives shared that the company’s expansion into Europe was a natural next step in its aggressive growth strategy and allowed ALG to capitalize on its existing relationships with hotel companies and tour operators it already partners with to sell its resorts in Mexico and the Caribbean. ALG, North America’s only vertically integrated travel, hospitality and leisure management group, focused its first step on establishing its European presence in the Mediterranean.
Coll added that, following the company’s anticipated success in Spain, ALG plans to close 2019 with a new property in another European country, such as Greece or Turkey. “We are analyzing several projects as we have received great interest from owners,” said Coll. The company’s expansion plan hinges on offering a differentiated hotel product, such as luxury, all-inclusive resorts, in which ALG specializes. Executives seized the opportunity at FITUR to announce to potential investors that ALG offers a customized approach tailored to each individual owner’s needs, regardless of whether they own a large hotel chain or a small family business.
“Due to our partnership with Alua, we have been able to enter the European market quickly and strategically,” said Alex Zozaya, CEO of ALG. The group has started the year managing 16 hotels, 12 of which are in operation under the Alua Hotels & Resorts brand. Through ALG’s partnership with GIHSA, the company will open Secrets Mallorca Villamil Resort & Spa in March 2019, followed by an event in June in Palma de Mallorca to officially launch the four hotels under AMResorts’ brands.
Joining Coll and Zozaya at the press conference were John Hutchinson, president of ALG; Gonzalo del Peon, president of AMResorts and Unlimited Vacation Club; Javier Águila, president of Apple Leisure Group Europe; and Jordi de las Moras, managing director of AMResorts Europe.
ALG Closes 2018 with 63 Hotels and an Additional 25 in the Pipeline
ALG also announced that it closed 2018 with more than 22,000 rooms in its open resort portfolio and an additional 12,000 in development, following another year of double-digit growth. ALG now boasts 63 open resorts, and 25 in its development pipeline, in 11 countries across eight leading brands. The company’s aggressive expansion will continue in 2019 as it enters new markets across Europe, as well as in popular destinations throughout Mexico, the Caribbean and Central America.
“2018 marked another year of tremendous growth for ALG as investor appetite for international hotel development only continues to increase,” said Javier Coll, Executive Vice President and Chief Strategy Officer of Apple Leisure Group, who is responsible for the company’s business operations in Europe. “Across Europe, Mexico and the Caribbean, it is clear that hotel owners see the unparalleled advantage of partnering with ALG and leveraging our robust network to increase resort performance for the long-term.”
European Growth in 2018
In December 2018, ALG announced the signing of an agreement to purchase a majority share in Alua Hotels & Resorts, a major Spanish hotel chain. With this transaction, ALG will now manage more than 4,000 rooms in Spain and will have the structure and capacity to manage hotel properties throughout Europe. As part of the agreement, Javier Águila, founder and CEO of Alua Hotels & Resorts, assumed the role of President of Apple Leisure Group Europe, and will work together with Coll to adapt AMResorts’ award-winning brands to the European market with the goal of growing with a unique offering for the market. Jordi de las Moras continues as Managing Director of Apple Leisure Group’s resort segment in Europe.
“The addition of Alua Hotels & Resorts as the newest brand in our ever-growing AMResorts collection is the strategic next step in ALG’s European expansion,” said Jordi de las Moras, Managing Director of Apple Leisure Group, Europe. “This acquisition gives us a robust platform with more hotel rooms, an expanded team, solid marketing structure, and the ability to negotiate future hotel deals across Europe.”
The Alua acquisition added 12 hotels to ALG’s portfolio, joining the four planned resorts in Europe the company announced earlier in the year. Through a strategic alliance with Grupo Inversor Hesperia, ALG will bring AMResorts’ award-winning brands, Secrets Resorts & Spas and Dreams Resorts & Spas to the market.
Looking Ahead: Deepened Commitment to Mexico and the Caribbean