Barcelo Acquires Karmina Palace Hotel

Barcelo Hotels & Resorts has acquired the Karmina Palace Hotel in Manzanillo, Mexico for $48.2 million. The 324 all-suite, all-inclusive property will be renamed the Barcelo Karmina Palace Hotel and will be classified under the Barcelo Premium Collection. The new addition gives Barcelo a total of 10 hotels and resorts in Mexico.

DAILY NEWS & DEALS NEWSLETTER

Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.