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Why is GV Films Limited (523277) falling ✌️【Hot Stock Recommendations】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. For many years, an area on the Pacific coast of Mexico now known as the Riviera Nayarit was so overlooked that people were, as one local put it, “giving away land.” The rocky beaches, viewed as less desirable than the sandy ones an hour to the south in the tourist mecca of Puerto Vallarta, slowed development.
Fast forward a few decades and those rocky beaches are starting to have their moment. The Riviera Nayarit, 200 miles of Pacific coastline stretching from the historic port of San Blas to where the Rio Ameca meets Banderas Bay at Puerto Vallarta, is coming into its own with a blossoming luxury travel cluster that is pioneering a different model of development.
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It’s not hard to see why Riviera Nayarit is attracting some of the biggest names in hospitality — from Auberge to One & Only to the Four Seasons. There are picture-postcard Mexican towns and fishing villages, the Sierra Madre mountains cascading into the ocean, miles of verdant jungles to hike through, and easy access from the United States’ West Coast, Texas and Mountain West.
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“We have a lot of growth in Nayarit, but we want to take care of the community,” Nayarit’s Minister of Tourism, Juan Enrique Suarez del Real Tostado,said in August. “Building a structure of six or seven floors is not sustainable …We are growing, but with control, rules and with a lot of training for what needs to be done to sell the destination.”
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Back in Riviera Nayarit, Naviva makes its own energy, with solar panels providing 80% of the property’s electricity, and also generates fresh water from the air using solar collectors.
Instead of going the global cuisine route, Susurros del Corazón’s main restaurants, Casamilpa and La Boquita, serve almost exclusively dishes drawn from the region’s Indigenous Huichol cuisine sourced from local fishermen and the on-property garden.
In addition to smaller footprints, with each forgoing a hotel lobby, both Susurros del Corazón and Naviva are pioneering a less formal model of luxury hospitality.
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In some ways, The Riviera Nayarit has a similar topography to Bali, with its verdant landscapes backdropped against the ocean. And, as it turns out, while sandy beaches are what drew people to Puerto Vallarta 40 years ago, rocky beaches are good for making consistent waves and, hence, surfing.
“When multiple hotels open, that’s when we see an area transition into a destination unto its own, rather than a place to stay for a couple of nights,” notes Karyn McCarthy, vice president for member and partner development at Virtuoso, a luxury travel consortium. McCarthy says bookings in Punta Mita, a gated development that houses the Four Seasons and the St. Regis, have increased by 30% in recent years.
“Really, that entire coastline is booming from an area farther north called Costa Conuva, which has luxury resorts opening in ’24-25,” McCarthy added. “To the south, there’s growing interest in Costalegre, where the Four Seasons Resort Tamarindo spearheaded that development and now Six Senses Xala will be opening in the next two years.”
Xala, which is 90 minutes south from Puerto Vallarta on the Costalegre, is a 3,000-acre complex where the Six Senses luxury hotel is slated to open in 2026. It will also include restored farmlands, protected areas for sea turtles to nest and a community center for local children.
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“The region is very different from Los Cabos, effectively composed of small fishing villages, each with its own distinct personality. The towns range from vibey surfer chic to opulent luxury developments with nooks and crannies of secluded beaches, eco-conscious retreats, and to gritty local fishing villages still very much retaining their authentic charm,” said Zachary Rabinor, founder and CEO of Journey Mexico, a Puerto Vallarta-based travel advisory.
“The beach towns of Bucerias, San Pancho and San Blas,” Rabinor said of several Nayarit hamlets, “remain genuine treasures, maintaining their laid-back charm reminiscent of Mexico’s yesteryears,” he said.
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Perhaps the most remarkable animals are off the coast. Much of the new development in Riviera Nayarit sits on the Bay of Banderas, one of the largest tropical bays in the world. The bay, with its tropical current coursing from Costa Rica, is where whales migrate to give birth. In winter, the humpback whales and dolphins are so plentiful that they can typically be seen daily from the shore. Whale-watching is a must.
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