Largest Mexico hotel operator expands to Houston

HOUSTON – Live Aqua is expanding outside of Mexico for the first time after hotel operator Grupo Posadas and Bighorn Capital Inc. signed an agreement to introduce the luxury boutique hotel brand to major U.S. cities.

Bighorn will invest $450 million to develop the first five hotels in Houston, Chicago, Los Angeles, Miami and Washington, D.C., chosen for their large Hispanic populations and substantial Latin American and international tourists, who may already be familiar with the Live Aqua brand.

Debút Hotel Group, a Hampshire Hotels Management company, will manage the hotels, which are expected to average 250 to 300 rooms.

Posadas is Mexico’s largest hotel operator, according to the company, with 136 hotels across the country.