Banyan Tree Invests in Chamela, 2 Hours South of Puerto Vallarta

Banyan Tree to Joint Venture to Build a World Class Resort in Chamela with Golf

Banyan Tree Holdings is investing with a Mexican partner to develop approximately 500 acres in Chamela, approximately 2 hours south of Puerto Vallarta. The integrated resort will offer guests spectacular views of the protected islands around Chamela and will feature a world-class golf course and a high-end mix of Banyan Tree branded residences for sale.

I've been to the exact location and looked at it from a development perspective. It is a truly special location. The only draw back is it accessibility to the world; however, I guess after a few spa treatments, you will not care about the journey, only the destination. Banyan Tree has partnered with the Mexico Owner and has taken minority interest of 19.9% in the development and has an option to increase its investment to 30% of the development within a year and a half.
Banyan Tree is investing $200 million USD in Mexico to develop 4 projects. Besides the Chamela project, Banyan Tree also is developing Banyan Tree Los Cabos, Banyan Tree Punta Diamante in Acapulco and Banyan Tree Mayakoba in Rivera Maya. It is a leading developer, designer and operator of luxury resorts, hotels and spas worldwide.