Banyan Tree Group announces the signing of Banyan Tree Veya Bacalar ...Middle East

Today, Banyan Tree Group announces the signing of Banyan Tree Veya Bacalar, set to open early 2025 in Mexico's Bacalar Lagoon region located in the southern part of Quintana Roo. The $28 million, 40-key resort marks Banyan Tree Group's sixth location in Mexico and third in the Yucatán Region, where the Group continues to expand its multi-brand portfolio of hotels, resorts, galleries, golf, spas and residences. Situated a few hours south of traditional tourist destinations and 30 minutes north of the Belize border, Bacalar is best known for its crystal-clear waters that native Mayans call "the Lagoon of the Seven Colors," referring to the water's multiple hues of blue, from turquoise to deep-

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