The lifestyle hotel brand by Virgin Group Founder Sir Richard Branson will open its second Scottish hotel in 2022.
'Mexico remains a cornerstone of Apple Leisure Group’s global expansion strategy because of the number of destinations it offers that have yet to be explored by most North American travelers.'
Dreams expanding portfolio includes five new properties opening this year.
The deal is reportedly the largest sale in the hotel industry during COVID-19 and a huge bet on the rebound of travel and tourism coming out of the pandemic.
The portfolio includes Marriott's Autograph Collection, Luxury Collection, and Tribute Portfolio.
The resort is scheduled to open in May 2021.