Spanish hotel group to open first stage of US $750-million investment

Spanish hotelier Palladium Hotel Group will open the first stage of a new US $750-million all-inclusive mega resort located in Costa Mujeres to the north of the city of Cancún on November 1.

The resort will have 1,500 hotel rooms in two luxury properties, the adults-only TRS Coral and the family-friendly Grand Palladium.

The construction of the first stage of Palladium’s ambitious project entailed the investment of $280 million, the firm’s chief sales and marketing officer told a press conference.

“Mexico continues to be an important and strategic destination for us,” said Sergio Zertuche Valdés, explaining that the chain’s Mexico footprint represents 44% of its presence in the Caribbean and 25% of its 13,000 available rooms worldwide.

He said Mexico is also a preferred destination for international tourists, especially those from the United States and Canada. This is coupled with the advantages presented by Mexican hospitality, kindness and quality of service.

Costa Mujeres is located some 30 kilometers from the Cancún international airport, in a zone that Zertuche asserted is just beginning its growth spurt.

Once finished, Palladium’s new resort will have five hotels and a total of 3,500 rooms. Following the November opening of the first two hotels, the firm plans to open two more Grand Palladium properties and another TRS.

Source: Sipse (sp)

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Manzanillo, Colima, México, 13 de marzo de 2026. La doctora Claudia Sheinbaum Pardo, presidenta Constitucional de los Estados Unidos Mexicanos en conferencia de prensa matutina, “Conferencia del Pueblo” desde Colima. La acompañan Indira Vizcaíno Silva, gobernadora Constitucional del Estado de Colima; Omar García Harfuch, secretario de Seguridad y Protección Ciudadana (SSPC); Raymundo Pedro Morales Ángeles, secretario de Marina (Semar); Bulmaro Juárez Pérez, divulgador de lenguas originarias, presentador de la sección “Suave Patria”; Ricardo Trevilla Trejo, secretario de la Defensa Nacional (Sedena); Jesús Antonio Esteva Medina, secretario de Infraestructura, Comunicaciones y Transportes; Bryant Alejandro García Ramírez, fiscal general del Estado de Colima; Fabián Ricardo Gómez Calcáneo; Rocío Bárcena Molina, subsecretaria de Desarrollo Democrático, Participación Social y Asuntos Religiosos de la Secretaría de Gobernación; Efraín Morales López, director general de la Comisión Nacional del Agua (Conagua); Marcela Figueroa Franco, secretaria ejecutiva del Sistema Nacional de Seguridad Pública (SESNSP) y Guillermo Briseño Lobera, comandante de la Guardia Nacional (GN). Foto: Saúl López / Presidencia

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