Thompson Hotel & Residences: A New Era for Luxury Tourism in Puerto Vallarta

Puerto Vallarta is starting a transformation with the arrival of Thompson Hotel & Residences, a high-end development that promises to redefine luxury living and tourism in the region. Backed by a $250 million investment, the project is now underway in the city’s North Hotel Zone, adjacent to the iconic Krystal Hotel. Over the next 36 months, the skyline will welcome a 26-story tower featuring a mix of 130 private residences, 85 hotel suites, 5 exclusive penthouses, 28 fully furnished rental units, and 6 garden houses—all offering delightful views of the Pacific Ocean and surrounding mountains.

— A Bold Vision for Puerto Vallarta’s Future

At the heart of this ambitious endeavor is Carlos Ancira, co-founder of Related Group, the investment firm spearheading the project. Ancira envisions ‘Thompson Puerto Vallarta Hotel & Residences’ as a seamless fusion of oceanfront luxury, sophisticated urban living, and deep cultural immersion. “This is more than just a new development; it’s a new way of life,” Ancira stated.

The design, entrusted to renowned interior designer Sofía Aspe, will incorporate top-tier materials and world-class finishes, ensuring that every space radiates elegance. Meanwhile, architect Ricardo Elias has masterfully crafted the project’s seven-hectare master plan, which includes a reconfiguration of the beachfront area.

—A Booming Market for Luxury Real Estate

The enthusiasm for this project is evident—65% of the available units have already been sold in just five months, with an impressive 95% of buyers being Mexican nationals. “Mexicans are investing in Mexico, and that’s a testament to our confidence in the future of this country,” Ancira remarked.

Beyond its architectural grandeur, ‘Thompson Hotel & Residences’ will set a new standard in luxury hospitality, offering a curated selection of world-class amenities, including:

– Gourmet restaurants
– State-of-the-art spa and wellness center
– Fully equipped gym
– Private movie theater
– Children’s play area (ludoteca)
– Entertainment lounges
– Padel courts

This influx of high-end accommodations and residential offerings is expected to attract a new wave of affluent tourists and investors, further cementing Puerto Vallarta’s reputation as a premier travel and real estate destination.

—Revitalizing Puerto Vallarta’s Tourism Landscape

The arrival of ‘Thompson Hotel & Residences’ is just one piece of a larger puzzle in Puerto Vallarta’s hospitality evolution. The project has catalyzed major rebranding efforts across neighboring hotels:

– The ‘Hilton’ will be transformed into a “Breathless resort by Hyatt”
– Part of the ‘Hacienda Hotel’ will rebrand under Hyatt’s ‘Zoëtry’ brand
– The ‘Krystal Hotel’ will undergo a complete renovation, re-emerging as ‘Grand Krystal’

These changes reflect a strategic move to compete with the state of Nayarit, which has recently outpaced Jalisco in the luxury hotel sector. “Puerto Vallarta has everything it needs to thrive—a prime location near the airport, incredible gastronomy, safety, and unmatched hospitality. It’s time to level up and reclaim our spot as a top-tier global destination,” Ancira emphasized.

—Economic and Social Impact

Beyond its impact on tourism, the project is already contributing to the local economy, generating  500 to 600 jobs in construction and an estimated 500 permanent positions once operational. During the groundbreaking ceremony,  Jalisco Governor Pablo Lemus Navarro highlighted the importance of this investment in rejuvenating Puerto Vallarta’s economy.

“Puerto Vallarta deserves this renewal, and Thompson Hotel & Residences is a step toward attracting more high-end tourism,” said Lemus. He also underscored the state’s commitment to bringing top-tier investors to Jalisco, noting that the state ranked third nationwide in job creation in 2024.

—A Bright Future for Puerto Vallarta

With its strategic location, luxurious design, and commitment to excellence, ‘Thompson Hotel & Residences’ marks the beginning of a new chapter for Puerto Vallarta. The city is not just keeping pace with luxury tourism trends—it is setting new standards.

As the city evolves, one thing remains certain: Puerto Vallarta is ready to shine brighter than ever, welcoming a new era of prosperity, sophistication, and world-class tourism.