Property Open As Of 2022, The Hotel Land Area, Including Planned Ballroom and Function Patio 9,932 Square Meters. Additional Land Across From Main Hotel Site: 2,000 Square Meters. 

Room inventory includes 93-rooms, 56 King, 37 Double Doubles, and 2 Luxury Suites, Dining Room Seating for 90, Terrace Seating for 20, Bar: Lobby Seating for 20,Swimming Pool, Deck, Sunbeds, Whirlpool, Meeting Space: 150 Square Meters.

Key Developments

San Miguel de Allende is considered a highly desirable hotel destination, attracting both national and international guests. Considered one of Mexico’s most charming colonial cities, it is rich in history and offers guests a highly differentiated experience-oriented destination. The town draws independent travelers as well as corporate groups. In addition, San Miguel Allende is an active and attractive wedding destination.

Hospitality Market

• San Miguel de Allende is a colonial town located in the Bajio Region of Mexico. The town itself is picturesque and vibrant, while the surrounding areas offer tranquil mountain and rural views. 
• The town is located 308 km (190 miles) northwest of Mexico City and 50 km (31 miles) northwest of the city of Queretaro, which itself has been a popular weekend get-away spot for residents of Mexico City, Queretaro, San Luis Potosí, León.
• San Miguel de Allende has year-round temperate climate, with warm spring-like temperatures most days of the year, mild winters, and long daylight hours through the seasons.
• It has been designated as a Pueblo Mágico since 2002, offering visitors a selection of hotels, B&Bs and Spas, as well as an active foodie scene in markets, restaurants, cafés, and bars.
• San Miguel Allende is a popular wedding destination for Mexican and foreign visitors alike. In any given week, many functions are hosted across the town.
• In addition, the town has an active meetings and group segment, and hosts Mexican and multinational corporations based in Mexico City and industrial locations across the Bajio Region.

Opportunity

• The Property presents potential investors with a unique opportunity to acquire an operating asset in the colonial San Miguel de Allende market area, in close proximity to Querétaro, San Luis Potosí, León, Aguascalientes, Guadalajara, and Mexico City.
• An area set aside for development of meeting and function space has been designed but has yet to be completed. This complementary development program would provide excellent positioning for meeting and incentive business, as well as weddings and other social events.
• The Planned Ballroom and Function Courtyard program would include the following:
  1. 293 square meters of meeting/ballroom space
  2. 500 square meters of exterior courtyard function space
• An additional 2,000 square meter land parcel included as part of the Property is located across the street from the main hotel site.
• The Property is operated under the Tapestry Collection by Hilton brand subject to license agreement that can be maintained by the purchaser or terminated by the current Ownership Group as part of a transaction.
• The Property is operated by Aimbridge LATAM subject to an agreement that can be maintained by the purchaser or terminated by the current Ownership Group as part of a transaction.
• The terms under which a possible transaction might be undertaken can be made available upon receipt of an expression of interest on the part of potential investors.