Holiday Inn Club Vacations Acquires Four Resorts in Mexico from Royal Resorts, Marks First International Expansion for the Company
ORLANDO, Fla., May 23, 2023 /PRNewswire/ -- Holiday Inn Club Vacations Incorporated, a leading vacation ownership company and partner of IHG® Hotels & Resorts (IHG), announced today that it has acquired four scenic beachfront resorts located in Cancun, Playa del Carmen and the Riviera Maya, Mexico from Royal Resorts®, a pioneer in the Mexican Caribbean tourism industry. The acquisition also includes most of Royal Resorts' related companies and its corporate operations. These resorts will be Holiday Inn Club Vacations Incorporated's first properties located outside the United States, further broadening Holiday Inn Club Vacations' and IHG's resort footprint and providing guests with increased
