PUERTO VALLARTA (July 6, 2021) — TAFER Hotels & Resorts – a leisure and hospitality company with an ever-growing and evolving collection of award-winning hotels, luxury resorts, and boutique villas located throughout Mexico’s most coveted beach destinations – is pleased to announce its ambitious investment initiative, encompassing the development of thousands of hotel rooms, and the introduction of several new luxury properties. Under its new Management Services division, TAFER will double its portfolio to 8,000 hotel rooms, while generating well over 6,000 direct and indirect jobs over the next five years. The expansion will include several of TAFER’s prestigious brands, including Hotel Mousai in Puerta Vallarta, Villa La Valencia Beach Resorts & Spa in Los Cabos and Garza Blanca Resort & Spa in Cancun.

“Through this expansion, TAFER Hotels & Resorts hopes to diversify its portfolio of luxury offerings, while creating jobs and further supporting the growth of Mexico’s tourism industry – the destination’s largest economy sector,” commented Sasa Milojevic, Chief Operating Officer for TAFER Hotels & Resorts. “As we introduce a robust collection of new guest rooms in the post-pandemic era, safety and cleanliness remain a top priority. With the opening of each new destination, we will continue to prioritize the health, safety, and comfort of our guests by following all necessary protocols issued by international health organizations.”

Over the next five years, TAFER Hotels & Resorts is positioned to become one of the largest and strongest luxury hotel groups in Mexico, inclusive of Garza Blanca Resort & Spa, a collection of TAFER’s five-star, award-winning resorts, which currently has locations in Los Cabos, Cancun and Puerta Vallarta. As part of the expansion, Garza Blanca Resort & Spa Cancun will be fully inaugurated, through the completion of a four-phase strategy, with the introduction of 451 additional suites, from Junior Suites to 3- and 4-bedroom Penthouse Residences. Upon its completion, Garza Blanca Resort & Spa Cancun’s grand opening will take place in the last quarter of 2021.

Additionally under construction, is a 1,927-acre development in Puerto Vallarta, comprised of an array of new projects such as the expansion of the existing Hotel Mousai; the construction of La Garzetta, a new luxury family hotel; the development of Echoes, a luxury adults-only hotel; the introduction of the modern, ultra-luxury condo-hotel, Lemuria Hotel & Residences; and TierraLuna, a spectacular shopping and entertainment park with nine boutiques, four restaurants, an art walk, a farmer’s market, a family carousel, and more. Forthcoming projects in the portfolio will include Hotel Mousai Cancun, Lemuria Hotel & Residences Cancun, Garza Blanca Resort & Spa Riviera Maya, and Hotel Mousai Riviera Maya.

TAFER Hotels & Resorts reaffirms its commitment to support the tourism industry and to deliver authentic hospitality centered on providing unforgettable experiences. With these new innovations and developments throughout Mexico’s most luxe destinations, the company hopes to further contribute to the country’s economic recovery post-pandemic and welcome the return of luxury travel.

About TAFER Hotels & Resorts

TAFER is a forward thinking leisure and hospitality company with an ever-growing and evolving collection of award-winning hotels, resorts and boutique villas, including the distinctive Garza Blanca Preserve Resort & Spa and Hotel Mousai in Puerto Vallarta, Villa del Palmar Cancun Resort & Spa, Garza Blanca Resort & Spa in Los Cabos, Sierra Lago Resort & Spa and Sian Ka’an Village, and Garza Blanca Resort & Spa in Cancun with new properties soon to be launched in Puerto Vallarta and the Riviera Maya. Being a principal owner of The Villagroup Resorts, which boasts 37 years of success, TAFER’s mission is to continue to merge excellence, quality and creativity to provide extraordinary vacation experiences that can be enjoyed for a day, a week or a lifetime. Constantly seeking to reflect the artistry that lies at the heart of the leisure industry, the company encompasses all aspects of hospitality: hotel design and construction, resort management, timeshare and residence clubs, marketing and concept design as well as tour and travel agent services. For more information about TAFER Hotels & Resorts visit www.taferresorts.com.