sbe Entertainment Group announced today a major expansion into Mexico, agreeing to manage five resort hotels that will include residential units, sbe club membership units, and the award-winning sbe restaurants and nightclubs. These projects will be built by Armar Group, a privately held Mexican real estate development and investment company.
The first two projects will be built in Medano Beach in Cabo San Lucas and in the heart of the hotel zone in Cancun, with others to follow in Puerto Vallarta, Mexico City and Punta Mita.
The first phase of the Cabo San Lucas project will feature a 200-room SLS LUX Hotel and 250 residential/sbe club membership units. It is scheduled to open in 2017. TheCancun project will feature a 150-room SLS LUX Hotel and 150 residential/sbe club membership units. It is slated to open in 2018.
sbe presently has 11 new projects in various stages of development, construction and negotiation. Those projects include a total of 1,893 hotel rooms and 2,230 residences.