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Wednesday
Mar142012

AcaCondos March 2012 Newsletter - Celebs and Record Tourism in Acapulco

Hello from paradise,

It's been a fun March already as many of the world's celebrities have all been decending upon Acapulco.

I attended the Mexican Open ATP tennis tournament in Acapulco earlier this month and it was an amazing event.  Most of Mexico's rich and famous descend on Acapulco and it is one big fiesta.  Amongst the attendees was soccer star Cristiano Ronaldo and his girlfriend, Irina Shayk.

Irina also stopped off at one of my favorite beach bars, Paradise, for a drink.  Paradise is about a 3 minute walk from the AcaCondos building.

Then, just a few days ago, Jennifer Lopez and Wisin and Yandel came down to film a music video in the Zocalo area of Acapulco.  Here's a photo of them in the old town of Acapulco overlooking the bay.

MEXICO TOURISM BREAKS ALL-TIME RECORD IN 2011

Mexico attracted a record number of foreign visitors last year despite the US Government propaganda attempts and ridiculous travel warnings for a number of areas around the country.

Mexico’s tourism agency released new figures showing that the number of foreign travelers arriving by air in 2011 rose to 22.7 million, the most since the Bank of Mexico began keeping track in 1980. There was growth in each of the last five months of the year, officials said.

Tourism also got a boost from Mexican travelers, who registered 167 million visits to tourist spots. The total of Mexican and foreign tourists was 2% higher than for 2008, which had been the best year on record.

The number of air travelers from the United States to Mexico fell by 3% last year, but tourists from other countries — especially Brazil, Russia, Peru and China — registered sizable increases over 2010.

CARLOS SLIM TO INVEST HEAVILY IN ACAPULCO

Mexican billionaire, Carlos Slim, announced last month that he will be the president of a council that will pool funding for new hotel developments, mostly in the oldest part of the resort famed for its daring cliff divers.

Acapulco's home state of Guerrero said on Monday the council would also include Miguel Aleman Velasco, chairman of airline Interjet's board of directors. The new plan calls for improvement in the transport system, retail areas and a marine museum. Slim's hotel company Ostar operates the Calinda hotel in Acapulco.

NEW TOLL ROAD TO DIAMANTE AND THE AIRPORT

At least 13 consortiums are taking part in a tender to build and operate a tunnel and toll highway in Acapulco.  Consortiums that have expressed interest so far include Spanish companies such as OHL and Aldesa, and Mexican infrastructure companies IDEAL (BMV: IDEAL), ICA (BMV, NYSE: ICA), Omega, Prisma and GMD (BMV: GMD).

Bids are due in May and the project should be awarded during July. Construction is scheduled to start this September and wrap up in the next two years, Aguirre said during a presentation at the BNamericas Mexico Infrastructure Summit.

The urban tollroad, called Escénica Alterna, will form the access road to Acapulco de Juárez municipality, including a 3.3km tunnel and a 4.7km road to connect it with the Zona Diamante area.  This will make the trip from the airport and the Diamante area into Acapulco Bay much faster than the current winding, yet scenic, road that curves along the mountainside.

The project requires an estimated investment of 2.6bn pesos (US$204mn), which will be partly funded through national infrastructure fund Fonadin. Construction should create 850 direct jobs, Mateo said.

This along with numerous other transportation projects completed in the last few years will further increase the ease of travel throughout the city.

SUITES FOR SALE

Everything is on the increase down here in Acapulco.  Investment pours into the city and international tourism and international celebrities continue to visit on an increasing basis.

You can own a suite in our condo-hotel.  We have the following suites currently available:

Call us at 315-219-4653 or email sales@acacondos.com for more information.

We had our best year for condo rentals through the boutique hotel (http://LTGPS.com) in 2011 and expect 2012 to be even better.  The condos get an excellent Return On Investment if you wish to own.

UNTIL NEXT MONTH

That's all for this month.  Now it's time to head back to the beach for me!  I'll hope to see you down here sometime soon.

Best,

Michael Bach

Manager