Hard Rock and Palace Resorts are Expanding Partnership in Mexico

Hard Rock is licensing its name to three existing hotels owned by Mexico's Palace Resorts with roughly 2,200 rooms. Having recently teamed on Hard Rock Hotel & Casino Punta Cana, Hard Rock International announced an agreement with Palace Resorts LLC to transform Palace Resorts properties in Cancun, Puerto Vallarta and Riviera Maya into Hard Rock Hotels. These will be “ultimate all-inclusive” properties that bring the acclaimed Hard Rock experience to these popular Mexican tourist destinations.

New Hyatt Regency Hotel Opens in Mexico City

The Hyatt Hotel has long held a reputation of excellence for travelers around the world. Now, a new Hyatt Regency will be coming to Mexico City, and will be the fourth of its kind for the country. Hyatt will purchase the hotel – which is currently Hotel Nikko Mexico – from Japan-Mexico Hotel Investment Co. for nearly $190 million.

With an upcoming $40 million renovation over the next three years, the hotel chain says that it hopes to reinforce the hotel as the preferred business and leisure hotel in Mexico City.

For more on recent large investments in Mexico, go to MexicoToday.org.

Riu Hotels & Resorts Opens New Hotel in Cancun

The Spanish hotel chain Riu Hotels and Resorts - with over 100 hotels in 16 countries - inaugurated its latest hotel, the Riu Palace Peninsula, in Cancun, Mexico on May 4, 2012. The hotel is characterized by its contemporary architecture and modern decorations throughout its 562 rooms and 48 villas, all of which enjoy magnificent views of the Caribbean ocean.

Guests at the resort enjoy from Riu’s renowned 24-hour all inclusive program which includes a huge variety of local and international dishes through its main restaurant and five specialty restaurants. Visitors also have access to seven different bars, each of which has an extensive selection of domestic and international cocktails.

Tourism Officials of G20 Nations Convene at T20 Tourism Summit

Ministers of Tourism from G-20 nations will convene in Merida, on the Yucatan Peninsula, from May 15-16 for the T20 Tourism Summit. The purpose of the T20 Summit is to exchange views towards strengthening the tourism sector, streamlining the flow of tourists between nations, increasing job creation and promoting sustainable tourism.

Following the T-20 meeting, the ministers and representatives of the participating international organizations will travel to the Riviera Maya for the inaugural Regional Summit of the World Travel & Tourism Council, which will take place May 16 to 18, bringing together more than 500 travel and tourism industry CEOs from throughout the Americas.

Mexico Hosts Y20 Youth Summit in Puebla

Mexican authorities launched the G20 Youth Summit (also known as the Y20 Summit), which looks to analyze the challenges that young people around the world will face and define solutions to these issues from a global perspective.

Chancellor Patricia Espinosa Cantellano kicked off the forum at the William O. Jenkins Convention Center in Puebla, Mexico and insisted that the participants focus on formulating proposals that address issues that will be discussed the G20 Summit.

She expressed her enthusiasm for the meeting, as it unites a vast multicultural mosaic of young people.
“The G20 is much more than an important global forum for addressing economic issues, it is also a process in the evolution of addressing social issues”, said the chancellor.

Throughout the Y20, each participating country has a delegation of seven college students and each group will work on developing a document addressing an economic and labor issue in the youth sector, which they will later present to their own government.

Wilson Center Hosts Panel to Discuss Priority Issues for the G-20 Summit in Los Cabos, Mexico

The Woodrow Wilson Center has recently hosted a panel to speak about issues for the G-20 Summit in Los Cabos, Mexico. In this almost two hour long discussion with notable speakers such as Arturo Sarukhan, Mexican Ambassador to the U.S., John W. Sewell – Senior Scholar Author, Former President of the Overseas Development Council (OCD), and Gerardo Rodríguez Regordosa – Undersecretary of Mexico’s Ministry of Finance and Public Credit. Go to the original MexicoToday.org article for more.

GE Technology to Boost Job Creation in Mexico and Attract Foreign Businesses

As the cost of manufacturing in China continues to rise, companies in the U.S. and abroad are having to rethink their global strategies. As The Wall Street Journal article that ran earlier this year - titled “China’s Export Pain May be Mexico’s Gain” -would indicate, companies that once flocked to China because of its massive pool of cheap labor and attractive government incentives are now finding themselves at risk of losing the advantages that brought them to China in the first place. As a result, manufacturing companies are moving towards near-sourcing to Mexico.

Mexico Hosts WTTC Americas Summit with Notable Opinion Leaders such as Peter Greenberg

On May 16-18, Mexico will host the Americas Summit of the World Travel & Tourism Council (WTTC) which will unite for the first time travel and tourism leaders from across the Western Hemisphere in Mexico's Riviera Maya. Industry representatives from the public and private sectors, NGOs and the media will convene for a unique networking forum. The event will be the first in a series of WTTC regional summits and will explore commonalities and challenges throughout the travel and tourism industry in the Americas while identifying opportunities for growth and collaboration. The Summit will attract delegates from across the Americas, including Central America, The Caribbean, South America and North America. For more on this visit www.MexicoToday.org.

Rolls-Royce Opens New Supply Chain Office in Mexico

“IMPACT” Mining Companies in Mexico Experiencing Success to Expand to Gold Mines in Mexico

IMPACT Silver Corp. ("IMPACT"), one of the more prosperous mining companies in Mexico, has recently announced additional high-grade silver values from the second phase of the drill program on the Oscar Project. Highlights include 1,875 g/t Silver across 1.00 meters and 115 g/t Silver across 23.39 meters. The second phase of drilling has also successfully revealed wide zones of mineralization in these Mexican mines.

Aeromexico Airlines Launches New Flights to Mexico City from Washington D.C.

Aeromexico Airlines, Mexico’s leading airline carrier, recently announced the launch of their new travel route from Washington D.C. to Mexico City. The flights will be nonstop and operated on a Boeing 737. The new Aeromexico Airlines flights will begin May 21st from Dulles International Airport in Washington D.C. to Mexico City International Airport. Flights will depart daily from Washington D.C. at 1:15am with an arrival time of 5:00am and will depart daily from Mexico City at 6:00pm with an arrival time of 11:20pm.

Praxair Mexico Helps with the Construction of New Steel Plant in Ramos Arizpe, Mexico

Praxair Mexico, a subsidiary of the Fortune 300 Company and prevalent supplier of atmospheric and specialty gases, Praxair, recently signed a new agreement with principal Mexican steal company, Deacero. Praxair’s technological services, equipment, and gases help in the operation of many diverse industries. Their services aid in the preservation of foods, in the production of computer parts, and in the recycling of contaminated water from waste. The General Director of Operations at Mexican steel production company, Deacero, David Gutierrez commented on their new partnership with Praxair. He stated, “We are happy to have Praxair as a key supplier to our new steel plant and look forward to a joint effort that results in innovative solutions and productivity gains that benefit both companies.”

Italian Confectioner Ferrero Strengthens Business via Mexican Confectionary Market

Italian confectionery group Ferrero, the maker of chocolate delights such as Kinder Bueno, Nutella and Ferrero Rocher sold around the world, plans to invest $190 million to open a new production plant in San Josè Iturbide in the Mexican state of Guanajuato.

The new plant, located at the Parque Opcòn industrial park, about 260km north of Mexico City, will feature four production lines. These four lines will manufacture the new Kinder and Nutella products for the Mexico as well as for U.S. and Canadian markets...more on MexicoToday.org.

Brian Porter of Scotiabank Describes the Bright Economic Future of Mexico

Scotiabank is in 50 countries around the globe, making them one of the biggest retail, commercial, corporate, investment and international banking services in the world. Brian Porter, Group Head of International Banking, considers Mexico's economic profile very exciting and is so impressed, Scotiabank employs 11,000 workers in the country to staff the demand. For more on investment in Mexico, go to MexicoToday.org.

Multinational Companies Share Why they Choose to Invest in Mexico

Multinational companies have come to the conclusion that Mexico, with its risks and opportunities, is a 'very good place to be' compared to other countries around the world. Find out more by watching the MexicoToday video above.