TM Real Estate Group from Torrevieja expands its business Mexican Caribbean. of the company serna family announced this Tuesday what it will be Fourth hotel in Riviera Mayacurrently operates more than a thousand switches through its specialized division Fives Hotels and Residences.
The company is planning to launch a special launch in particular. Boutique hotel designed for adults in the area Xcalacoco, in Playa del Carmen, will operate under the name The Fives Hotels’ Beach. Estimates are that it will be operational from: spring 2024 and will have 50 suitesAccording to the company, it will allow you to enjoy panoramic ocean views, a private beach club, and world-class service and amenities in an idyllic setting.
This new hotel adds to its offering 1,000 hotel keys The company currently manages through hotel complexes The Fives Beach Hotel & Residences And The Fives Downtown Hotel & Residences Curio Collection by Hilton, in Playa del Carmen; And Fives Oceanside, In Puerto Morelos.
25% of the group’s turnover
TM Grupo Inmobiliario’s hotel division in Mexico last year 65 million euros It currently represents 25% of the group’s total turnover, exceeding 2021 figures by 44%.
“We are excited to introduce The Beachfront Suites by The Fives Hotels to all of our stakeholders. This new boutique hotel represents another step in our growth journey. Dedicated to providing our guests with a unique sensory experience and luxury hospitality in the Riviera Maya.” Joaquin SernaGeneral manager of real estate and hotel development in Mexico.
Fives Hotels & Residences, Business division of TM Real Estate GroupIt is a leading Alicante holding company in the residential tourism sector and a reference in other sectors of activity such as hotels, holidays and agriculture. Founded in 1969 TM’s main field of activity is the construction of second tourist residences and real estate promotion. 20,000 houses were delivered mainly in Spanish Mediterranean broadcast.
Balance
Last year the group as a whole folded 260 million consolidated revenue euros and achieved EBITDA of 62 million euros, 6.6% more than the previous year. In the residential market, the developer strengthened its leadership in the residential tourism sector in Spain by: 21 projects are ongoing According to the data provided by the company itself, a total of 524 houses were delivered in 2022.
There was a promoter Customers from 37 different nationalities Eight out of ten operations were monopolized by foreigners. Polish buyers stand out with 21% of the total, followed by Spain (19%), Belgian (13%), German (9%) and Dutch (5%).
The company also continued its investments in order to continue its operations in the future and allocated it privately until 2017. 31.5 million for land acquisitionIt is faced with the implementation of its new strategic plan for the period 2024-2027.