Kerzner International Holdings Ltd. and private equity fund BK Partners have announced plans to develop and operate two new One&Only resorts on the Pacific Coast of Mexico.
One&Only Mandarina, located in Riveria Nayarit, will offer approximately 145 villas as well as private residential estates, farm-to-table dining and original retail options. The beachfront resort will maximize the dramatic rain forest location with secluded villas.
One&Only Santa Maria de Xala will be part of a new 1,200-hectare development located approximately 100 kilometres south of Puerto Vallarta’s international airport. The hacienda resort will command 8 kilometres of beach front and offer approximately 75 luxury villas and suites, as well as a residential component.
“I am thrilled we are able to partner with BK Partners to further develop Mexico as a world-class destination, building on the success of One&Only Palmilla,” said Alan Leibman, CEO, Kerzner International.
“The development of these two One&Only resorts follows BK Partners’ investment strategy focused on the acquisition and development of high end flagship hotels and resorts located in Mexico and the Caribbean,” added Francis Muuls, managing director, BK Partners.