Grupo Autofin Invests $1 Billion in Acapulco

New economic developments and improvements are helping to boost tourism numbers in Acapulco. Investments from Grupo Autofin’s Mater Plan should ensure that the numbers stay on the rise. 

Grupo Autofin, a private business, spent $1 billion in a new investment plan. The company recently launched XTASEA, designed by the architect José Manuel Pizarro, and the world’s largest over-the-ocean zipline. Thanks to its success, the company has decided to start construction of Intense Emotion, a space adventure attraction which will have suspension bridges, rides, a restaurant with a panoramic view of Acapulco, along with a 130-feet-high climbing wall, the world’s highest according to the company, putting the attraction into the Guinness Book of World Records.

Additionally, Autofin is currently renovating some of the most iconic hotels in the city including the Pierre Mundo Imperial and Princess Mundo Imperial. The Master Plan also includes the development of the new state of the art 50,000 square feet Princess Medical Center that will benefit locals and visitors. Other projects in the plan include a tennis stadium and an eco-amusement park. The completion dates for these projects range between 2017 and 2022.

As part of the tourism upgrade, Acapulco will debut a new state-of-the-art airport terminal in late 2018. The city is also working on improving traffic and continuing beautification projects. 

Guerrero State authorities report that the city hosted 690 thousand visitors with hotel occupancy averaging 67 percent and reaching peaks of up to 93 percent from June through August. The figures represent an increase of seven percent in comparison to the same period last year.

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