US-based Caesars Entertainment has announced plans to establish a non-gaming Caesars Palace resort on the coast of Puerto Los Cabos, Mexico.
This will be Caesars Entertainment’s first investment in the Latin American country.
Mexican company Grupo Questro will develop the $200m luxury beachfront hotel.
Caesars Entertainment president and CEO Mark Frissora said: “Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming businesses into premiere resort and gateway destinations.
“This resort will represent our first investment in Mexico. We are looking forward to working with Grupo Questro to create a 5-Star destination that reflects the best of Caesars offerings in the hospitality, dining and entertainment spaces.”
The hotel will feature 500 rooms and suites, a 40,000ft² convention centre, a 25,000ft² full-service spa, three fine dining restaurants, an array of amenities, including an entertainment venue, pools, cabanas, fitness centre, tennis courts and access to the two signature golf courses.
The beachfront property will be established in the Puerto Los Cabos Tourist Corridor and the San Jose del Cabo resort city on the southern tip of the Baja California peninsula.
Grupo Questro executive president Eduardo Sanchez Navarro Rivera Torres said: “We are very excited to work with our new partners to help bring the Caesars brand to Puerto Los Cabos.
“Caesars is known around the world, and we are confident that this luxury resort will be an incredible asset for global visitors.”
In April 2018, Caesars Entertainment announced that it will manage two luxury hotels and a beach club at Meraas’ Dubai-based Bluewaters Island development.
Later in 2018, Bluewaters Island is expected to house Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai, both representing Caesars Entertainment’s first non-gaming resorts.
Caesars Entertainment has also announced plans to build a meeting and conference centre in Las Vegas and broke ground on a new Harrah’s-branded casino in Northern California.