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Hyatt purchases the Dreams Puerto Vallarta Hotel, former Camino Real

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hotel-purchaseThe next April 20, 2014 the new owners will take possession of the property

The Hyatt hotel chain acquired the Dreams Puerto Vallarta hotel, closing a millionaire dollar operation, which was not disclosed by the board of directors of the company.

The Dreams Puerto Vallarta hotel was acquired in July 2004 by this brand and operated by the company AM Resorts, from the then owners who for 35 years had kept alive the name of Camino Real, receiving $ 50 million for the property.

With that transaction one of the most important chapters in the history of the hotel in this city closed, as the Camino Real Hotel operated for more than three decades with excellent quality and occupation standards, as well as quality services in a privileged area of southern Puerto Vallarta.

For 35 years, the Camino Real became an icon and one of the most distinguished hotels in Puerto Vallarta, which not only promoted the destination but also shared with it various tourist and cultural events.

Years later, the acquisition and operation of the Dreams hotel was left to the company Playa Hoteles & Resort, which a few days ago decided to sell the property to the Hyatt hotel chain, that on April 20, 2014 will take possession of the property.
The company Playa Hotels & Resorts operates other hotels in Mexico with the brand Dreams (among other brands) in tourist destinations like Cancún and Playa del Carmen, in addition to operating the Hyatt brand in Los Cabos, Cancun and Jamaica (which will open in 2014), as well as other brands of hotels located in the Caribbean.

For its part, the Hyatt hotel chain operates properties at the highest level of luxury and quality in its services and facilities in Mexico City, Cancun, Los Cabos, Merida and Villahermosa.

The Hyatt hotel guests enjoy personalized service and luxurious accommodation in all destinations. This uniform excellence is accompanied by unique touches, from architecture inspired by local characteristics to a kitchen that captures the flavor of the destination.

The Hyatt Resorts are located in spectacular locations that offer the perfect getaway. The services and facilities include innovative spa treatments, sports and family activities, and distinctive meeting places.

HYATT REGENCY

The Hyatt Regency hotels are located in major cities and are key destinations for both business travelers and tourists. The services and facilities include a large meeting space, fitness gyms with the latest technology and innovative restaurants and bars.

 

[readon1 url="http://vallartaopina.net/2013/11/12/hyatt-compra-el-hotel-dreams-puerto-vallarta-ex-camino-real/"]Source: Vallarta Opina Translated by Rene Tripp[/readon1]

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