Azure Resorts & Hotels

What Azure Resorts & Hotels does

Azure Resorts & Hotels is a privately held boutique real estate advisory and development firm that develops, advises on, and co-invests in luxury resort, hotel, and resort-residential real estate across North America, Mexico, and the Caribbean. The firm was co-founded by Jim Reilly (President, based in Henderson, Nevada) and David Lopez (Partner, based in Mexico), both senior real estate executives with decades of experience across luxury hospitality, multi-family, and commercial development. The firm states a track record of acquisition, development, and advisement of over $1.5B in real estate.

The firm delivers end-to-end services across the development lifecycle, organized around Acquisitions & Dispositions (mergers, restructurings, divestitures, and owner representation) and Development & Project Management (site selection, design, pre-development, branding, financing, sales, and asset management). Core projects include Four Seasons Private Residences Las Vegas (205 branded condominiums at MacDonald Highlands, Nevada), Hotel Dos Santos (133-key Marriott Autograph Collection in Playa del Carmen, Mexico), a Rosewood Mayakoba oceanfront villa developed for an investor, and Hotel Tres Santos, a boutique hotel owned and operated in Troncones, Mexico. Revenue is generated through advisory and consulting fees, development fees, asset management fees, and equity participation in joint ventures alongside capital partners.

Azure Resorts serves institutional investors, lenders, equity stakeholders, and high net worth individuals, primarily via direct outreach and professional referrals. The go-to-market model is relationship-driven and led by the two co-founders, leveraging long-tenured industry connections and brand relationships with luxury operators including Four Seasons, Rosewood, and Marriott.

Name

Azure Resorts & Hotels

Legal name

Azure Resorts & Hotels

Website

https://azureresorts.com

Company type

Private

Operating status

Operating

Short description

Azure Resorts & Hotels is a privately held boutique real estate advisory and development firm that develops, advises on, and co-invests in luxury resort, hotel, and resort-residential projects across North America, Mexico, and the Caribbean, serving institutional investors, lenders, and high net worth individuals through founder-led, relationship-driven engagements.

Ownership category

akta.pro rank

Product category

Luxury Resort Real Estate Development & Advisory

NAICS

Hotels (except Casino Hotels) and Motels (72111), Real Estate Property Managers (53131)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Luxury Villas & Residences Resorts (THAGACAM)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Beachfront & Island Luxury Resorts (THAGACAA), Resort & Branded Residence Vacation Rental Management (BPAJAIAE)

Keywords

• Luxury resort development
• Real estate advisory services
• Hospitality consulting
• Resort-residential real estate
• Hotel asset management

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Advisory and Consulting Services: The firm generates revenue through real estate advisory, consulting, and development management fees for luxury resort, hotel, and resort-residential projects. Services include land identification, underwriting, government relations, project financial services, construction management, branding, sales and marketing, resale programs, fractional programs, and leasing/condo regimes.
2. Development and Asset Management: Revenue is earned through development fees, asset management services, and owner representation for resort and mixed-use projects. The firm takes an active ownership stake in select projects through joint ventures.
3. Equity Participation and Co-Development: Azure participates in joint ventures and co-development arrangements where the firm takes equity stakes alongside capital partners, generating returns through project development and asset appreciation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Azure Resorts & Hotels is a premiere real estate advisory and investment firm that develops and advises on luxury resort, hotel, and resort-residential assets across North America, Mexico, and the Caribbean. The firm provides end-to-end development services spanning land identification, underwriting, government entitlements, project financial structuring (equity, debt, mezzanine), construction management, hotel branding and management selection, sales and marketing programs, and asset management. Engagements are delivered through two integrated divisions: Acquisitions & Dispositions, and Development & Project Management.

Product overview

Azure Resorts & Hotels is a luxury resort residential real estate development firm that operates as a unified platform offering comprehensive development services spanning the entire development lifecycle. The company provides acquisition, development, project management, branding, and sales/marketing services for luxury hotel and resort residential projects. Their portfolio includes branded properties (Four Seasons Private Residences Las Vegas, Hotel Dos Santos under Marriott's Autograph Collection, Rosewood Mayakoba) and boutique hotel operations (Hotel Tres Santos, El Paraiso), as well as destination clubs and fractional ownership programs. Services are delivered through two integrated divisions: Acquisitions & Dispositions (covering mergers, restructurings, and divestitures) and Development & Project Management (covering site selection, design, pre-development, and sales/marketing).

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Real Estate Advisory & Investment Services End-to-end advisory practice spanning land identification, underwriting, government relations and entitlements, project financial structuring (equity, debt, mezzanine), branding, sales and marketing program design, resale programs, fractional programs, and leasing/condo regimes — serving institutional investors, lenders, equity stakeholders, and high net worth individuals across luxury resort assets in North America, Mexico, and the Caribbean.
• Development & Project Management Integrated development and project management services covering Acquisitions & Dispositions (mergers, restructurings, divestitures), site selection, design oversight, pre-development, construction management, and sales/marketing execution for luxury hotel, resort, and resort-residential projects.
• Asset Management & Owner Representation Ongoing asset management and owner representation services for resort and mixed-use projects, delivered for both Azure-owned assets (e.g., Hotel Tres Santos) and investor-owned assets (e.g., Rosewood Mayakoba villa in hotel rental program).
• Equity Participation & Co-Development Selective equity co-investment and co-development arrangements in which Azure Resorts takes ownership stakes in projects alongside capital partners (e.g., Hotel Dos Santos joint venture with Luxus Developments; Pinnacle Residences at MacDonald Highlands), earning returns through development and asset appreciation.
• Four Seasons Private Residences Las Vegas Luxury residential condominium development as a Four Seasons branded property within the MacDonald Highlands country club community in Henderson, Nevada. Includes 205 residential units and over 90,000 square feet of amenities (pools, fitness center, culinary venues by Elizabeth Blau). Targeted at buyers seeking Four Seasons-branded luxury resort-residential ownership.
• Hotel Dos Santos (Marriott Autograph Collection) 133-key premium boutique hotel in downtown Playa del Carmen, Mexico, operated under Marriott's Autograph Collection brand. Features 30+ suites, multiple food & beverage outlets, beach club, rooftop, and an ocean-front destination restaurant. Targeted at luxury leisure travelers.
• Rosewood Mayakoba Oceanfront Villa Acquisition & Development Owner-representation acquisition and development of a ~16,300 square foot six-bedroom beachfront villa on a 0.5-acre oceanfront lot at Rosewood Mayakoba, Riviera Maya, Mexico, with the completed villa placed into the Rosewood hotel rental program.
• Hotel Tres Santos Boutique hotel owned, operated, and asset-managed by Azure Resorts in Troncones, Mexico, located on the beach rated #1 on TripAdvisor in Mexico. Targeted at boutique luxury leisure travelers seeking an unbranded, owner-operated hospitality experience.
• Pinnacle Residences at MacDonald Highlands, Las Vegas New luxury residential development at MacDonald Highlands, Las Vegas, developed through a partnership between Luxus Developments and Azure Resorts & Hotels, with opening scheduled for 2025.

Quantifiable outcome

• Over $1.5B in real estate acquisition, development, and advisement completed
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Luxus DevelopmentscoreStrategic or Co-development PartnerLuxus Developments partnered with Azure Resorts & Hotels to form a joint venture for Hotel Dos Santos, a 133-key premium boutique hotel in Playa del Carmen, Mexico. The partnership leverages Luxus Development's local expertise and Azure's luxury hospitality development capabilities. Luxus Developments and Azure Resorts & Hotels also collaborated on Pinnacle Residences at MacDonald Highlands, Las Vegas, announced in 2024.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• JLL Hotels & Hospitality Group: Global hospitality real estate advisory and capital markets practice serving owners, operators, and investors in luxury and full-service hotels. Comparable to Azure's advisory business with a much broader geographic and capital-markets reach.
• Eastdil Secured: Real estate investment bank advising on large hospitality and luxury asset transactions globally. Comparable to Azure on the advisory/capital-markets side for trophy luxury resort and residential deals, with substantially larger transaction capacity.
• CBRE Hotels & Hospitality: Global real estate advisory practice dedicated to hotels and hospitality, providing investment sales, capital markets, and advisory services to luxury and upper-upscale owners/developers. Direct competitor to Azure's advisory arm at much greater scale.
• KSL Capital Partners: Private equity firm exclusively focused on travel and leisure, including luxury resort, hotel, and club investments. Comparable to Azure as a capital partner and competitor for trophy hospitality deals, though operating at fund scale rather than boutique advisory.

Emerging players

• Six Senses Hotels Resorts Spas: IHG-affiliated luxury resort and branded-residence operator expanding across Mexico, the Caribbean, and beyond. Comparable to Azure in the intersection of luxury resort operations and residential product targeting HNW buyers.
• Four Seasons Hotels and Resorts: Ultra-luxury hotel operator and branded-residence developer with whom Azure has an active relationship (Four Seasons Private Residences Las Vegas). Compares as a brand partner and indirect competitor for premium residential and resort projects.
• Rosewood Hotels & Resorts: Ultra-luxury hotel and residential operator with a strong Mexico/Caribbean pipeline (including Rosewood Mayakoba where Azure represented an investor). Comparable as a brand partner and emerging competitor in the branded-residence segment.

Direct peers

• Auberge Resorts Collection: Boutique luxury resort and residence developer/operator with branded-residence programs in Mexico, the Caribbean, and the US. Closely comparable to Azure in target market (ultra-luxury resort residential), client type (HNW buyers and institutional capital), and integrated developer-operator model.
• Kerzner International: Developer and operator of One&Only and Atlantis ultra-luxury resorts, with a growing branded-residence footprint in Mexico and the Caribbean. Comparable to Azure in luxury hospitality development pipeline, international footprint, and brand-flag strategy.
• Aman Group: Ultra-luxury resort and branded-residence developer with an integrated model spanning hotel operations and Aman Residences in Mexico, the Caribbean, and globally. Direct overlap with Azure on the luxury villa/branded-residence product and HNW buyer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azure Resorts & Hotels