Hakkasan Group to Invest $150 Million in Mexico Hospitality Projects
Global hospitality company Hakkasan Group is looking to Mexico.
The company has partnered with top Mexico resort operator Grupo Vidanta, on a planned $150 million investment into new concept beach clubs, nightlife venues, restaurants and hotels at Vidanta Resorts.
The partnership is reportedly the result of a recent state visit to the Middle East, where Grupo Vidanta’s founder Daniel Chavez and Hakkasan Group began discussing the potential for new ventures.
Hakkasan Group, based in Las Vegas, has more than 50 establishments in the US, Europe, the Middle East and Asia, led by its Hakkasan restaurants.
“We are thrilled to partner with one of the most renowned global hospitality companies and create new opportunities and original experiences in Mexico,” Chávez Morán said. “Through our partnership with Hakkasan Group we will bring world-class dining and entertainment offerings like no other in Mexico to destinations across the country.”
The partnership will see three new concepts in the first half of 2017, including two restaurants and a beach club at Vidanta Los Cabos in San Jose del Cabo.
For the next five years, Hakkasan Group will be introducing a new venue at a different Vidanta property each year, along with a new hotel with Grupo Vidanta.
“Our latest collaboration with the world-renowned Hakkasan Group further exemplifies our long-term vision and ongoing commitment to progressing the growth of tourism in Mexico and evolving the Vidanta brand,” said Iván Chávez, Executive Vice President of Grupo Vidanta.
Vidanta has a portfolio of resorts in destinations including Nuevo Vallarta, Riviera Maya, Los Cabos, Acapulco, Puerto Peñasco, Puerto Vallarta, and Mazatlán.
