Awe-inclusive pioneer, Palace Resorts, reports continued growth and increased occupancy as the company embarks on next chapter.
MIAMI – Palace Resorts, the company that sets the standard in five-star, all-inclusive resort accommodations, proudly announces a travel demand growth of nearly 20 percent in 2014 when compared to 2013. Palace Resorts is also reporting an increase in the average length of guest stay from four nights to more than five nights and growth in the weddings, golf and spa segments across the brand’s eight oceanfront properties in Mexico and the Caribbean.
In 2014, the markets that generated the most demand for Palace Resorts were the United States and United Kingdom. The United States market reported a growth of more than 50 percent when compared to 2013, while United Kingdom reported a growth of 20 percent. The fastest growing feeder markets in 2014 included Canada with a 51.4 percent increase and Asia with a 46.7 percent increase.
“2014 marked a record-breaking year in Palace Resorts’ 30-year history. The company’s success and rapid growth can be attributed to our high-quality product, service-oriented employees, strategic partners and commitment to surpassing expectations by redefining the notion of what an all-inclusive can and should offer,” said Gibran Chapur, Executive Vice President for Palace Resorts. “As we look to the future, we are eager to continue the momentum and development of the brand. The next stage for Palace Resorts is being marked with the pending unveiling of our first property outside of Mexico, Moon Palace Jamaica Grande. While we look forward to further expansion throughout Mexico, the Caribbean and beyond, Palace Resorts is committed to maintaining our core portfolio in 2015 via enhancement projects, new offerings and impactful events and attractions.”
Below is an overview of major highlights which can be attributed to the brand’s successful 2014:
- Palace Resorts completed a 100 million dollar enhancement project on the brand’s signature property, Moon Palace Golf & Spa Resort. Comprised of three luxurious sections – Moon Grand, Sunrise and Nizuc – the AAA Four Diamond Moon Palace Golf & Spa Resort embarked on the project in 2012 which included renovations and upgrades to guest rooms, lobbies, the gymnasium, refreshed meeting spaces, restaurant modifications and more. Moon Palace’s enhancement project also included the creation of exciting new amenities and attractions such as a FlowRider® Double wave simulator, the resort’s nightclub, Noir, a dolphin habitat, Wired Teens Lounge, an authentic English bar known simply as “The Pub” and a new kids club, “The Playroom.” Another major new addition was Moon Palace Arena, a 140,000 square foot convention center which will host performances from legendary super groups Kansas on February 13 and 14, 2015, REO Speedwagon on March 21, 2015 and Creedence Clearwater Revisited on April 24 and 25, 2015. Furthermore, Moon Palace Arena will set the stage for the fourth annual Cancun-Riviera Maya Wine and Food Festival’s Gourmet Tasting Village from March 12 – 15, 2015.
- Palace Resorts launched an annual golf tournament as a result of an alliance between the brand’s philanthropic organization, the Palace Foundation, and the Lorena Ochoa Foundation, a charity overseen by world-renowned Mexican golfer, Lorena Ochoa. The tournament was created by The Palace Foundation with the goal of raising funds for the construction of Casa Hogar Palace, an orphanage for 95 local children set to open in 2015.
- Palace Resorts celebrated the launch of the brand’s first annual Palace Experience Global Conference. The brand hosted industry insiders and VIPs including top travel agents, industry delegates and tour operators during an event-filled weekend complete with educational seminars, sales-driven workshops, entertainment and more. The Global Conference was created to reinforce and enhance the brand’s commitment to the travel agent community.
- In 2014, Palace Resorts announced the brand’s first property outside of Mexico; perhaps the most exciting development in the company’s 30-year history. Following a multi-million dollar transformation, the soon to open Moon Palace Jamaica Grande will boast more than 700 guestrooms and suites with oceanfront views of the Caribbean Sea. With aesthetics by cutting-edge designer Francois Frossard, upon completion, Moon Palace Jamaica Grande will feature multiple lavish swimming pools, five high-end restaurants, a gourmet corridor and a FlowRider® Double wave simulator. The property will also include a Wired Teens Lounge, “The Playroom,” Noir nightclub, signature Awe-Spa with dedicated wellness center and 25,000 square feet of multifunctional meeting and event space. Opening February 2015, Grammy-Award winning singer and entertainer Shaggy will appear in concert at the inaugural celebration of Moon Palace Jamaica Grande.
Guests who book a stay of five nights or more are privy to the most valuable vacation promotion on record – $1,500 Resort Credit, which can be used on spa and beauty salon treatments, golf outings, romantic dinners, wedding packages, and off-site excursions and tours. Palace Resorts’ all-inclusive accommodations start at $172 per person, per night, based on double occupancy. To reserve your Palace Resorts stay, please visit www.PalaceResorts.com, call (866) 424-4623 or contact your preferred travel professional
