Grupo Xcaret to Fork Over $50 Million in Mexican Reserve

Grupo Xcaret will shell out more over $50 million dollars in Yucatan, in the southeast of Mexico, to create Xibalbá Park, a circuit of cenotes, as the region's underground fresh water wells are called, the group’s resident Miguel Quintana said.

Mr. Quintana said the park is being built on 254 hectares in Valladolid, located in the east of the state. “It is a project that we will inaugurate next December 12, which aims to attract European and Latin American tourism. It will be totally inclusive, since it is being built with people with different capacities (with disabilities) in mind,” he added at a press conference.

The businessman said that the Xibalbá Park "will be the most sumptuous and beautiful" of the region, since it will be located in a natural mega-reserve. "It will be one of the great surprises that Yucatan will have in the Tianguis Turistico," he said about the most important event of the tourism industry in Mexico, which will be held from March 22nd to 25th in the Yucatan capital.

In the announcement, he was accompanied by the Secretary of Tourism Development of Yucatan, Michelle Fridman; David Quintana, Vice President of Strategy and Development of Grupo Xcaret, and Iliana Rodriguez, director of Sustainability of the company. Quintana told Efe that construction began seven years ago on Xibalbá Park, which will have eight cenotes of "extraordinary beauty", one of the main tourist attractions of the Yucatan Peninsula.

The park will have a cathedral built by local artisans entirely of stone, according to the director, and will have a larger aviary than the one in Xcaret Park in Cancún. In addition, he highlighted attractions such as Mayan villages, created for visitors to learn about the activities of this indigenous people of the area, such as the creation of hammocks and crafts.