Mexican Association of Real Estate Professionals

By Wayne Corcoran, President, AMPI Chapter 51, Puerto Peñasco

On September 22^nd, Raul O’Farrill, Heidi Wosak,Lannette Phipps and I, attended the Mexico Tourism Symposium in Mexico City.The goal of this day long workshop was to find ways to improve real estatebusiness within the tourism sectors of Mexico (like Puerto Peñasco). RaulO’Farrill was the Master of Ceremonies for the event which opened with awelcome from AMPI National President, Hector Obregon.

Bruce Greenberg, a property appraiser from Tucson, and VicePresident of the Mexico-United States Chamber of Commerce, delivered aninspirational opening message stating how we need to spread good news aboutMexico to combat the negative, and sometimes, inaccurate news that circulates.He reported the Chamber will be presenting seminars on Mexican tourism in five majorU.S. cities this coming year. Next, the panel of President’s, from the majortouristic locations, gave an update on the current market situations, and nearterm outlooks, in their area. The consensus was that every touristic market inMexico has been hit hard by the downturn in tourism as a result of the recenteconomic disaster and negative media reporting on the violence related to drugtrafficking in Mexico.

After each President spoke, all attendees were then splitinto five work groups. The purpose of the workgroups was to identify issuespertinent to the real estate industry including: Media and Communications; PublicRelations and Marketing; Laws Effecting Real Estate in the Tourist Areas; GovernmentPrograms for Retirees; and AMPI National Programs. Each group spent an hour generatingideas and then presented their thoughts to the full assembly. Each workgroupcommitted to act as an ongoing committee to follow through with their ideasover the next 6 to 12 month period. AMPI will be receiving a summary of eachgroups’ recommendations, which will be posted on our website as they arrive. Someof the best ideas presented were:

·        Develop a marketingstrategy for the country that can be implemented nationally and locally

·        Promote the good newsfrom each region of the country

·        Create an alliance betweenAMPI and the media to provide a positive and balanced view of Mexico

·        Implement a NationalMLS for Mexico

·        Promote real estatereferrals through real estate associations in North America

·        Create a National RealEstate Licensing Program

·        Work with the governmentto get direct Titles for foreigners in the current restricted zones

·        Work with governmentbodies to create a healthcare program for retirees moving to Mexico

This symposium is a great start for AMPI Chapters working with AMPINational on topics that benefit each of our markets. The National Government hasexpressed their interest in the outcome of the symposium. I am confident thatthis is the start of great new alliance, from which new ideas that can beimplemented all over Mexico and the world.  

Note that this information is outdated.

AMPI education is the last Wednesday of the month

When/Where: May 26, Wednesday. Location to be announced

Note that this information is outdated.

This will be a "law class". Instructor Raul O'Farrill "Legal concepts and principles for offers and promises", on Wednsday, April 28th, at 9:00 AM at the Tecnologico de Puerto Peñasco. Bring your questions.

When/Where: Tecnologico Wednesday, April 28, 9AM

Note that this information is outdated.

AMPI mixer in conjunction with the Arizona Academy of Real Estate "Real Estate Renewal By The Sea" for continuing education for Arizona agents. AMPI members encouraged to attend mixer to network with U.S. agents. More details to follow.

When/Where: Sonoran Sun Resort

Note that this information is outdated.

AMPI June Mixer. Details to be announced

When/Where: to be announced

Note that this information is outdated.

AMPI Mixer

When/Where: Chango's Wed. Feb 11, 5 to 7pm

Note that this information is outdated.

AMPI general meeting

When/Where: The Point Restaurant, the Malecon at 9AM

12-Nov-2008
Business Time
Dario Celis
7358 million dollars will be invested in 31 Marriott hotels in 2013



In the next five years Marriott International Inc. built in our country about five thousand 870 new rooms, which are equivalent to about 31 hotels in different formats.

Through its franchisees, the powerful chain headed by Bill Marriott detonate investment by nearly seven thousand 358 million dollars, since the time of economic recession, it will be a breath of oxygen.

A few days ago she visited here Manuel Ovies. This is a Cuban-born executive with over 15 years in the corporation and vice president of the area from Mexico, Central and South America, except Brazil.

The manager spoke of the more advanced projects. For example, open the morning Marriott Zona Rosa, who will be building on the same site that hosted by the Aristos years. There will start a hotel of 322 rooms.

The partner is Constantino Diaz, who already was negotiated with three others in Santa Fe, Aguascalientes and Merida 250, 286 and 290 rooms each. The first two opened in early 2010 and the second in 2011.

With Eduardo Sanchez Navarro, the Group of Questran, built in Puerto Penasco another 451 rooms will also kick off in early 2011. Only in the Marriott investment will amount to 239.8 billion dollars.

Under the stamp of JW Marriott will have signed two projects with Grupo Xtra more that capitanea Manuel Saba Ades which will involve nearly a hundred million dollars. One will be in the Riviera Maya and one in Nuevo Vallarta.

Each will have 200 rooms and are part of the developments Golden Mile and Three Seas. The first could start construction in early 2009, once Semarnat, which leads Juan Elvira, approved its environmental impact.

Renaissance is another format that will push two hotels with 200 rooms. One will be part of the Golden Mile, in which it participates as Moses Elman, and another in Santa Fe, owned by the same developer.

Each Renaissance cost about $ 40 million, that same investment will be exercised for each Edition, a new format Marriott has just drawn to the luxury segment.

So far signed two Edition, for a Golden Mile in the Riviera Maya and one for Santa Fe with the same Moses Elman. A total of $ 80 million exercise in this brand.

Additionally, with the Costa Rican Caribbean Hospitality fund will be lifted 20 Courtyard in the next five years. The investment is estimated at 240 million dollars to about three thousand rooms.

Caribbean Hospitality, which represents Daniel Campos, will kick off with five Courtyard, which is the format of limited services. In three years will cost about 60 million. Will be in Leon, Puebla, Toluca, Monterrey and San Luis Potosi.

By 2013 Marriott International Inc. estimated to open 31 hotels in different segments, which will generate approximately five thousand direct jobs.