Mexico. The Posadas Group will enter the United States market starting in 2018 with new hotel complexes in Chicago, Los Angeles, Miami, Houston and Washington. This initiative will be possible thanks to the agreement recently signed with the investment fund firm Bighorn Capital, to bring the Live Aqua hotel brand to this market.
The agreement contemplates the investment of US$450 million in the construction of five complexes in the aforementioned cities. Likewise, the management of the new Live Aqua properties in the United States will be in charge of Début Hotel Group, owner and operator of hotel brands such as Dream Hotels, Night Hotels and Time Hotels.
According to information revealed by the Posadas Group in a statement, each hotel will have between 250 and 300 rooms and the property in Chicago, the first to be built, will be an 82-story building.
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