Owner of Caribbean’s Largest Resort Announces Investment in Riviera Maya

Encarna Piñero, global president and CEO of Grupo Piñero, speaking about investments in Riviera Maya

Cancún, Quintana Roo — Grupo Piñero, owner of the largest resort complex in the Caribbean, has confirmed plans for continued investment in Mexico’s Riviera Maya, despite challenges including rising fuel costs and a severe sargasso seaweed season.

Encarna Piñero, the company’s global president and CEO, said that the group recently completed major renovations at two of its hotels and has a third remodeling project underway within the same resort complex. The company operates a 3,000-room resort in Akumal, near Tulum.

Piñero also highlighted the growing importance of the Tulum Country Club development in the company’s Mexico strategy, saying the project has strengthened the group’s position in the golf tourism segment. Recent international competitions at the club are part of a broader effort to position the Riviera Maya as a specialized golf destination.

Regarding the massive sargasso influx, Piñero acknowledged that this year’s situation has been more difficult than expected for the tourism industry. Companies continue to implement protocols to remove the seaweed and minimize its impact on visitors while protecting reefs, coastal dunes, and beach ecosystems, she said.

However, Piñero noted that the phenomenon requires a solution beyond the individual capacity of tourism companies. She called for a comprehensive Caribbean-wide strategy involving governments, international organizations, and research centers. While scientific initiatives are underway, no definitive solution has been found due to the problem’s complexity.

Despite current challenges, Piñero reaffirmed the company’s confidence in Mexico’s tourism potential and confirmed that Grupo Piñero will continue pursuing new projects in the Mexican Caribbean.

Hotels in Playa del Carmen are now allocating up to 15% of their annual budgets to combat sargasso, with rising costs forcing some to close rooms.

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By Ana Reyes

Ana Reyes covers environmental policy, conservation initiatives, infrastructure projects, and political developments across the Yucatán Peninsula for Riviera Maya News & Events. She reports on issues from sargassum management and reef conservation to the Maya Train, coastal development, and state and federal policy affecting Quintana Roo and the broader peninsula.Ana has covered environmental and political news since 2023, tracking key developments in Mexico's environmental regulations, coral reef protection, coastal zone management, and the intersection of tourism development with conservation efforts. Her reporting spans from Cancun's hotel zone to the Sian Ka'an Biosphere Reserve and the culturally significant regions of the Yucatán interior.Ana is fluent in English and Spanish, and draws from a wide range of sources including government environmental agencies, conservation organizations, academic researchers, and local community leaders to provide balanced, well-sourced coverage. She is particularly focused on how environmental policy decisions affect the daily lives of residents and the long-term sustainability of the region.For story tips: ana@rivieramayanews.mx