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Palladium will manage its first resort in Colombia Related topics: Altos de Guayacanes, Altos de Guayacanes S.A.S., Aruba, BuyFor Real Estate Advisors, Caribbean, Cartagena de Indias, Costa Rica, Palladium Hotel Group, Regenera Hospitality Trends Updated February 7, 2018 || By R. P.

The Palladium Hotel Group, owned by the Matutes family, continues its international expansion after signing a contract for the opening of a five-star resort under the Grand Palladium Hotels & Resorts brand in Cartagena de Indias, according to the chain’s statement on Wednesday.

This inauguration consolidates the clear commitment to growth under management contracts in the Caribbean area, where the group is already analyzing other projects in destinations such as Costa Rica or Aruba (Palladium: changes in management to imitate its competitors).   The resort will be built by the company Promotora Hotelera de Altos de Guayacanes S.A.S. and will be part of the Altos de Guayacanes complex, located 17 kilometers from the Rafael Núñez International Airport, which combines residential, tourist and leisure developments.

The Spanish company BuyFor Real Estate Advisors and the Regenera Hospitality Trends company, based in Latin America, have acted as global coordinators of the operation, for which they affirm they continue to study proposals from national and international investors that allow to accelerate the development of the project (Palladium slowed down in 2017 the increase of its income and reached 600 million).



Article in Spanish

Palladium to Expand to Columbia

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