Waldorf Astoria Hotels & Resorts, Hilton’s (NYSE: HLT) iconic luxury hotel brand, announces its debut in Mexico as it assumes operation of the award-winning The Resort at Pedregal and rebrands the iconic hotel as Waldorf Astoria Los Cabos Pedregal. Known as one of the best hotels in Mexico and recently acquired by affiliates of Walton Street Capital Mexico, the luxury retreat is set on 24 acres of dramatic mountains and pristine beaches, and is primed to welcome guests with True Waldorf Service beginning Q4 2019.
“As the brand’s first property to debut in Mexico, Waldorf Astoria Los Cabos Pedregal showcases the brand’s commitment to expanding our luxury portfolio to some of the world’s most sought after destinations,” said Dino Michael, global head, Waldorf Astoria Hotels & Resorts. “We look forward to combining the resort’s exclusive environment and guest-focused comforts with the brand’s unparalleled commitment to personal service, and together, ensuring our guests have the experience of a lifetime.”
“We are proud to own one of Mexico’s most iconic luxury resorts and look forward to uniting this stunning hotel with Waldorf Astoria’s intuitive service culture and unforgettable experiences,” said Federico Martin del Campo, CEO of Walton Street Capital Mexico. “Our guests have come to expect the very best from our properties and we are delighted to join with Waldorf Astoria to implement their unique standards of luxury service. Along with the Conrad Punta de Mita Resort (opening early 2020) and the Hilton Los Cabos, this represents our third resort project in Mexico with Hilton, further solidifying our partnership with Hilton for many years to come. We believe there is a tremendous opportunity for Mexico’s hospitality sector to continue its historical growth trajectory, and are excited for the future of the Waldorf Astoria Los Cabos Pedregal.”
“We are incredibly excited to partner with Walton Street Capital Mexico to bring the first Waldorf Astoria to Mexico,” said Juan Corvinos, vice president, development, Latin America and the Caribbean, Hilton. “Los Cabos – a vibrant, dynamic and truly luxury destination that draws travelers from all over the world – is the perfect market for our iconic Waldorf Astoria brand, and will be a significant addition to the nearly 70 Hilton properties already in Mexico.” Celebrating its 100th anniversary this year, Hilton currently has a portfolio of nearly 150 hotels and resorts across 25 countries in the Caribbean and Latin America, including nearly 70 in Mexico. The company is actively pursuing additional growth opportunities in the Caribbean and Latin America and has a robust pipeline of nearly 90 hotels throughout the region, including 30 projects in Mexico.