regalii

Sending money to loved ones in another country can be a hassle and a process for many, but one startup from Washington Heights is changing that method.

For Edrizio De La Cruz, traditional remittance isn't making sense right now. He wants to change the current process of sending money to family and friends, and as a result, created Regalii.

According to De La Cruz, Regalii came up from personal experiences. He grew up in the Dominican Republic before coming to the United States (U.S.) at 11 years sold.

"Once I came here, my mom always sent money back home to my grandma and my aunt. They basically raised me," said De La Cruz. "I really felt like I owned them everything, so every time we sent money back, it was a big hassle for them, to pick up the money, go to an agency, wait on long lines, fill out long forms, put cash in their pockets."

De La Cruz noted, as many families sending money back home would understand, the process can be "cumbersome, expensive, and very dangerous," citing his neighborhood in the Dominican Republic as an example.

"I noticed that most of the money was spent on food and bills. I said to myself, 'Why not be able to prepay the bills directly from the comfort of my own home,' and that basically is what Regalii is, it allows you to prepay food and bills for your family in Latin America, or at least in the Dominican Republic, directly from your cellphone or your computer."

Currently, Regalii allows consumers to transfer money from their credit card or PayPal account and insert the recipient's name and telephone number. With a $3 transfer fee, the recipient will receive a PIN with the money the consumer paid. The recipient is allowed to use the paid amount at supermarkets that have partnered with Regalii. Regalii has partnered with several supermarkets including La Cadena and Yoma in the Dominican cities Santo Domingo and San Francisco de Macoris De La Cruz stated it was tough to initiate a partnership with the supermarkets.


"First thing that we did is we started doing the utilities, allowing people to prepay their cellphones and cable, electricity, gas, water," he said. "After we built a customer base from that, we built enough traction  markets were able to take a chance on us cause it felt like if they can sell one thing, they can sell another thing."

It was a long journey to establish Regalii, said De La Cruz, but since May 2013, the service went from zero to over 21,000 customers. He added a mobile app is in the works for late summer.

"To me, it's like what the iPod did for music. You don't see any cassette tapes or even CDs now," noted De La Cruz, adding, "Regalii is ahead of the curve when it comes to enabling you to support families."

For De La Cruz, he wants to continue spreading Regalii's service throughout the Dominican Republic but plans to step into Mexico by the second quarter of 2015.

Regalii's efforts have been recognized with a grant and sponsorship from the Chilean government courtesy of Startup Chile, an Echoing Green Fellowship, and the Wharton Program for Social Impact. Regalii was also present at TechCrunch's Disrupt conference in San Francisco in 2013.

[readon1 url="http://www.latinpost.com/articles/14185/20140604/regalii-startup-enables-easier-money-transfer-immigrant-families-outside.htm"]Source:www.latinpost.com[/readon1]

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Mexican consumer prices fell less than expected in May as costs for some farm products increased, the statistics agency reported, three days after the central bank unexpectedly cut interest rates.

Prices fell 0.32 percent in the month, less than the 0.36 percent median forecast of 18 economists surveyed by Bloomberg. The drop was still the biggest in a year. Annual inflation was 3.51 percent, compared with 3.50 percent in April, and remained below the 4 percent upper limit of the bank’s target range.

Annual inflation has slowed this year as growth stagnated, leading the central bank to cut its benchmark rate half a point to a record low 3 percent last week. Banco de Mexico said in its May 21 quarterly inflation report that the pace of price increases may climb back above 4 percent for some months this year before nearing the 3 percent target in early 2015.

Inflation “continues to be in line with Banxico’s outlook,” Marco Oviedo, the chief Mexico economist at Barclays Plc, said in an e-mailed response to questions. “I think Banxico shot its last bullets to boost the economy. Inflation will not get lower.”

The peso weakened 0.4 percent to 12.9834 per U.S. dollar at 10:26 a.m. in Mexico City. The yield on inflation-linked bonds due in June 2016 fell 15 basis points, or 0.15 percentage point, to 0.17 percent.

Core Prices

Core prices, which exclude energy and farm costs, increased 0.09 percent in May, more than the 0.07 percent increase forecast by analysts.

Electricity costs dropped 23 percent, contributing the most to the decline in prices, amid the implementation of summer subsidies, while chicken prices jumped 8.6 percent and beef costs gained 1.9 percent.

Inflation has slowed from an eight-month high of 4.48 percent in January as the effect of new taxes wanes. On Jan. 1, Mexico increased the sales tax along the U.S. border and in some coastal areas to 16 percent from 11 percent and implemented a new 1-peso-per liter duty on soft drinks.

The tax increase damped growth in the first quarter, with the consumer confidence falling to the lowest level in almost four years in January.

“Still-subdued domestic demand conditions and the large amount of slack in the economy should prevent the emergence of either demand-pull or cost-push pressures on inflation,” Alberto Ramos, chief Latin America economist at Goldman Sachs Group Inc., said in an e-mailed research report.

Slowing Down

Poor economic data suggests Mexico may grow less than the central bank had forecast in its quarterly inflation report, policy makers said in the statement accompanying their rate decision last week. The odds of inflation nearing the 3 percent target in early 2015 have risen “significantly,” they said.

Gross domestic product grew 1.8 percent in the first quarter from a year earlier, less than the 2.1 percent median forecast of analysts surveyed by Bloomberg. Compared with the previous quarter, the economy grew 0.3 percent, the statistics agency said May 23.

Banxico cut its growth forecast to between 2.3 percent to 3.3 percent last month from a previous estimate of 3 percent to 4 percent.

[readon1 url="http://www.bloomberg.com/news/2014-06-09/mexico-prices-fall-less-than-expected-as-some-farm-costs-climb.html"]Source:www.bloomberg.com[/readon1]

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During the month of May, three of Colombia’s top media with the highest circulation and exposure each dedicated articles to promoting Mexico’s Pacific Treasure to thousands of readers in South America.

May was rife with articles published in top Colombian media as a direct result of the public relations efforts the Riviera Nayarit Convention and Visitors Bureau has accomplished in this emerging market.

Colombian dailies El Espectador and El País, as well as Hola magazine, whose readers are at the top of the socioeconomic ladder, showcased the wonders of Mexico’s Pacific Treasure, highlighting its attractions to its domestic market and beyond.

Hola magazine has a bi-weekly publication of 138 thousand issues, publishing topics ranging from celebrity news to fashion, beauty and lifestyle articles. It’s known for its ample photographic spreads.

On this occasion, the magazine’s cover featured a picture of the Marina Riviera Nayarit for the article, “Temporada de playas en El Pacífico y El Caribe” (“Beach Season in the Caribbean and the Pacific”).

El Espectador published “La danza del mar” (“The Dance of the Sea”) within its tourism section titled Buen Viaje (Bon Voyage), which includes a description of the mating rituals of the humpback whale along the coast of the Riviera Nayarit.

It also highlighted the charms of the 23 towns that make up the destination, as well as the attractions of the mountain and its endemic and migratory flocks. This medium prints 50 thousand issues with a domestic circulation.

El País was founded in 1950 and is distributed throughout the Southern Cone countries thanks to its membership in the Periódicos Asociados Latinoamérica (Associated Newspapers of Latin America). Its issues have approximately 83 thousand readers on a daily basis; the online edition has an average of 2 million 800 thousand visitors a month.

El País dedicated a column to the Riviera Nayarit Salsa Mambo Fest, presenting the destination during the event where professional dancers from Cali took part.


Thanks to its infrastructure, its natural bounty and the capacity to organize and host large events, there’s no doubt the Riviera Nayarit has much to offer. Colombia is getting to know more and more about the destination, awakening an interest in potential tourists to visit the destination.

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Puerto Vallarta, one of Mexico's leading destinations, launched its newly renovated Website, www.visitpuertovallarta.com.

PUERTO VALLARTA, Jalisco, Mexico, June 10, 2014

PUERTO VALLARTA, Jalisco, Mexico, June 10, 2014 /PRNewswire-iReach/ -- Puerto Vallarta, one of Mexico's leading destinations, launched its newly renovated Website, www.visitpuertovallarta.com. Puerto Vallarta is constantly aiming to provide the latest in infrastructure and services constantly renovates its destination Website as a way to incorporate the latest trends in the digital world and offer its visitors the latest tools to learn about the destination's diverse tourism opportunities and book travel to Puerto Vallarta.

(Photo: http://photos.prnewswire.com/prnh/20140610/116445 )

Visitors to the new site will find that the new www.visitpuertovallarta.com features a complete new layout designed to persuade visitors to travel to Puerto Vallarta. One of the main improvements is regarding the classification by type of trip, which gives the user an advantage by optimizing his search for information and options available, depending on the vacation plan that the user is seeking: vacation, romantic getaway, ecotourism, adventure, business, medical tourism, health and wellness, weddings and honeymoons, or LGBT friendly. The information and accommodation options, activities and places to visit are organized for each type of trip.

The activities to be carried out are also put into categories, as a destination that offers a bit of everything, optimizing the travel experience as to whether the user is looking for tours or activities related to Entertainment, Food & Drink, Sports, Shopping or Arts and Culture.

The site shows significant improvements of image and design, iconography made ​​for each type of travel, the arrangement of the elements always visible and accessible to the user, as well as each of the information options, beaches, directions, information and nearby towns, through intuitive graphic elements which at a glance will give easy access to the information in a nice, aesthetic and functional manner.

Puerto Vallarta has partnered with Riviera Nayarit, the Mexico Tourism Board and the governments of the states of Jalisco and Nayarit to promote the sister destinations under the slogan Vallarta-Nayarit.

You are just a click away to discover one of  Top Beach Destinations...

[readon1 url="http://www.digitaljournal.com/pr/1976680"]Source:www.digitaljournal.com[/readon1]

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Thirty-two hotels from the Riviera Nayarit and Puerto Vallarta participated in interactive presentations held in Monterrey, Distrito Federal, Puebla and Guadalajara.

Promotional seminars held in Mexico by the Riviera Nayarit and the Puerto Vallarta convention and visitors bureaus with a new format called ¿Adivina qué? or Guess what?, have already trained 420 travel agents during the month of May.

The agents thoroughly enjoyed themselves while they soaked up information on both destinations. The events were very well received.

The recently concluded tour included Monterrey on the 19th, Mexico City on the 26th, Puebla on the 27th and, finally, Guadalajara on the 29th of May.

These trainings took place with the collaboration of 32 hotels from the destinations: 14 from the Riviera Nayarit and 18 from Puerto Vallarta.

The events began with a trade show where each of the participating hotels had the opportunity to share information with the attending agents about its property (or properties). Afterwards, both destinations held a dinner and a joint presentation.

The answers to the game questions were all contained in the information the agents picked up during the trade show. They competed against each other for the highest scores, vying for prizes including stays at hotels in both destinations.

According to the poll numbers from the Riviera Nayarit CVB regarding the main states within the Riviera Nayarit’s domestic market, Jalisco occupies first place with Mexico City in third, Nuevo León in sixth and Puebla taking seventh place.

This was the driving force behind the visits to the capital cities of these states—including the capital of the Republic—in order to best promote the destinations’ attractions to markets that have already responded favorably with sales.

Thus the domestic travel agents received the necessary updates and new information on the destinations, not to mention the exposure received by the hotels located in the Riviera Nayarit and Puerto Vallarta.

mma-maldivesMexico’s stocks rallied with bonds as the peso declined after the central bank unexpectedly cut its benchmark overnight rate, citing weakness in Latin America’s second-biggest economy.

The benchmark IPC equity index climbed 1.4 percent to 42,778.26 today in Mexico City, its highest closing level since Dec. 30. Benchmark bonds due in 2024 rose 3.29 centavos to 134.76 centavos per peso, pushing yields down 34 basis points, or 0.34 percentage point, to 5.62 percent. The peso declined 0.5 percent to 12.9292 per U.S. dollar in the biggest drop among major Latin American currencies.

Mexico’s central bank unexpectedly reduced its target lending rate by 0.5 percentage point to a record low 3 percent after lowering its forecast for 2014 growth. All 20 analysts surveyed by Bloomberg forecast no change in rates.

“Lower relative rates mean less demand for the peso,” Alejandro Urbina, a money manager at Chicago-based Silva Capital Management LLC, which oversees $800 million, said in an e-mailed response to questions. “On stocks, if this is stimulative, it should be positive for growth.”

As domestic spending and investment remain weak, slack in the Mexican economy has increased, the central bank said in the statement accompanying today’s decision. The odds of inflation slowing to the 3 percent midpoint of the official target range in early 2015 have risen “significantly,” the bank said.

Policy makers said that while domestic spending and private investment remain weak, further rate cuts aren’t recommended in the foreseeable future.

‘No Signal’

Central bank Governor Agustin Carstens said May 21 that he still expected growth to pick up later in the year after a poor first quarter as the U.S. economy rebounds.

“There was no signal whatsoever that they were going to do this, so it’s taken a lot of people by surprise,” John Welch, a strategist at Canadian Imperial Bank of Commerce in Toronto, said by phone. “Everyone was betting the other way.”

President Enrique Pena Nieto said in Lisbon today that Mexico has carried out structural reforms that have made the country’s economy more open to foreign investment.

Mexico passed legislation last year to end Petroleos Mexicanos’s 75-year oil-production monopoly and allow private companies to drill for crude.

The central bank reduced its economic growth forecast for this year on May 21 to between 2.3 percent and 3.3 percent from a previous estimate of 3 percent to 4 percent after the U.S. economy, the biggest buyer of Mexican exports, stalled in the first quarter.

The Finance Ministry cut its 2014 growth forecast to 2.7 percent from 3.9 percent two days later after Mexico’s gross domestic product grew 1.8 percent in the first quarter from year earlier, compared with a 2.1 percent median forecast of analysts surveyed by Bloomberg.

[readon1 url="http://www.bloomberg.com/news/2014-06-06/mexico-s-peso-drops-stocks-and-bonds-surge-after-surprise-cut.html"]Source:www.bloomberg.com[/readon1]

tripTripAdvisor’s “2014 Traveller’s Choice” award went to Nuevo Vallarta’s beach plus the following hotels: St. Regis Punta Mita Resort, Four Season Resort Punta Mita, Villa La Estancia Nuevo Vallarta, Hotel La Quinta del Sol and Villa del Palmar Flamingos.

Each year, TripAdvisor, the world’s largest travel site, highlights a selection of the best in tourism based on the reviews of its readers. This year, their “Travellers’ Choice” awards included five hotels and one beach in the Riviera Nayarit.

Five months into the New Year, the Riviera Nayarit has already garnered six domestic and two global awards, maintaining its place on the site with the tagline: “Millions of reviews. Nothing but the best.”

These awards were created in 2002 and have achieved worldwide recognition with tourists looking to plan and enjoy the perfect vacation.

Currently, reviewers have awarded the beach at Nuevo Vallarta and the hotels St. Regis Punta Mita Resort, Four Season Resort Punta Mita, Villa La Estancia Nuevo Vallarta, Hotel La Quinta del Sol and Villa del Palmar Flamingos for their service and quality.

The Travellers’ Choice awards showcase not only the most common attributes of the winners, but also those that are genuinely exceptional and keep bringing guests back time and again.

Below please find the complete lists showing where the Riviera Nayarit falls in the public opinion, which can be corroborated by clicking here: http://www.tripadvisor.com.mx/TravelersChoice.

Among the Top 25 Best Hotels In Mexico:
1st St Regis Punta Mita
6th Villa La Estancia
16th Four Seasons Punta Mita

Among the Top 25 Most Popular Hotels in Mexico with Exceptional Service:
3rd St Regist Punta Mita
16th Hotel la Quinta del Sol, Punta de Mita

Among the Top 25 Most Popular Luxury Hotels in Mexico:
1st St Regis Punta Mita
7th Villa La Estancia Nuevo Vallarta
19th Four Seasons Punta Mita

Among the Top 25 Most Romantic Hotels In Mexico:
5th St Regis Punta Mita

Among the Top 25 Most Popular Family Hotels in Mexico:
6th Villa La Estancia
24th Villa Del Palmar Flamingos

Among the Top 10 Most Popular Beaches in Mexico:
8th Nuevo Vallarta

Among the Top 25 Most Popular Hotels in the World:
8th St Regis Punta Mita

Among the Top 25 Most Popular Luxury Hotels in the World:

13th St Regis Punta Mita

34572 350x280 72 DPI 0The Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) announced the provision of MXN 600 million (USD 46.3 million) for aquaculture shrimp producers in the country.

With this financial support, the Mexican government aims to maintain a sustainable shrimp production and ensure the supply of the resource this year, said SAGARPA head, Enrique Martinez y Martinez.

Out of the total contribution, MXN 283.5 million (USD 21.8 million) will be destined to directly support shrimp producers and MXN 317.5 million (USD 24.5 million) for an insurance fund. The objective of this fund is to achieve coverage of 12,500 hectares as a solution to the suspension of the aquaculture reinsurance for disease risk in farmed shrimp.

The Agriculture Secretary also explained that, with the participation of the governments of Sinaloa, Sonora and Nayarit, a fund amounting to MXN 143.5 million (USD 11 million) was created to support the farmers affected by atypical diseases that reduce production in shrimp farms.

This money will be distributed through the National Health, Food Safety and Food Quality Service (SENASICA), the National Commission of Aquaculture and Fisheries (CONAPESCA) and the states themselves, as follows: MXN 90 (USD 6.9 million) for farmers in Sinaloa, MXN 45.3 million (USD 3.4 million) for those in Sonora and MXN 8.2 million (USD 633,300) for those in Nayarit.

Besides, there will also be a contribution of MXN 140 million (USD 10.8 million) to support the acquisition of larvae for stocking in the three states, as part of the measures to boost the productive sector, reported SAGARPA.

Martinez y Martinez explained that in 2013 the country produced extra 60,000 tonnes of anchovy, 26,000 tonnes of tuna, 24,000 tonnes of tilapia, 13,000 tonnes of squid, 6,000 tonnes of pilchard, and 7,800 tonnes of oysters, among other species.

With respect to shrimp production, he pointed out that it was reduced by 40,000 tonnes due to the atypical diseases affecting farming.

Furthermore, SAGARPA stressed that to maintain productivity of the industry, in April 2013 SENASICA set the suspension of shrimp imports from China, Vietnam, Malaysia and Thailand, to safeguard the health status of the sector.

The president of the Aquaculture Health Committee of the State of Sonora, Reyes Eugenio Molina Moreno ensures that the support they received from the national government offers certainty to the sector's production this year.

"There was a picture of uncertainty for this year among the producers in the state, all the time the decision to stock 10,000 hectares was taken, but thanks to the economic support and actions on health issues of the Federation, we welcome that there are 20,000 hectares in stocking process in some harvest cases," he concluded.

[readon1 url="http://www.fis.com/fis/worldnews/worldnews.asp?l=e&country=0&special=&monthyear=&day=&id=69020&ndb=1&df=0"]Source:www.fis.com [/readon1]

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Regional airline Transportes Aéreos Regionales (TAR) has just announced a new flight connecting Aguascalientes to Puerto Vallarta, increasing the number of Mexican cities connected to our destination by the airline to three. Headquartered in Querétaro, the airline relies on eight Embraer jets that can carry up to 50 passengers, covering a network of about a dozen important destinations throughout the country. In addition to Aguascalientes, travelers can also book direct flights from Puerto Vallarta to Guadalajara and Querétaro through TAR.

The airline has also recently announced a new base at Toluca’s International Airport, with connections to Monterrey, Acapulco, San Luis Potosí, Oaxaca, Huatulco and Veracruz. For more information, visit TAR’s website, tarmexico.com.

[readon1 url="http://virtualvallarta.com/puertovallarta/news/local/tar-increases-regional-flights-to-puerto-vallarta-1406051.shtml"]Source:virtualvallarta.com[/readon1]

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With this new resort now a part of the Virtuoso consortium, the Riviera Nayarit has become the second destination in the nation with the most hotels with this distinction. These include: Four Seasons Resort Punta Mita, St. Regis Punta Mita Resort, Imanta Resort Punta de Mita and now Grand Velas Riviera Nayarit.

On May 28, 2014, Grand Velas Riviera Nayarit received an entrée into the “Hotels & Resorts” program of the Virtuoso consortium, becoming the fourth hotel in the Riviera Nayarit to have earned this distinction. Now the destination has taken second place in the nation as the spot with the most Virtuoso properties.

Virtuoso began in 1950 and today has become the leading travel consortium in the world, a spot they have occupied since the year 2000. Being a part of this group magnifies the possibilities for visitors coming not only to the Grand Velas, but also to the destination as a whole.

Juan Vela, Vice President of Velas Resort, was thrilled to receive the much-awaited distinction.

“I’m very thankful for the support we received in achieving this goal; this is one of the multiple benefits and the result of a strong alliance created between the Convention and Visitors Bureau and the Velas Resorts,” wrote Juan Vela.

Albert M. Herrera, Vice President of Business Alliances for Virtuoso, was the bearer of these good tidings to the Velas Resorts.

“The (Grand Velas Riviera Nayarit) complex will, without a doubt, be a marvelous addition to our program and we hope this relationship will be mutually beneficial,” wrote Herrera.

Virtuoso is the leading purveyor of luxury in the tourism industry. This network has over 330 agencies with 7,200 elite advisors in 20 countries throughout North and South America, the Caribbean, Australia and New Zealand.

Travelers who work with Virtuoso advisors have access to over 1,300 first class providers around the world, as well as exclusive services, experiences and products.


The other three Virtuoso properties in the Riviera Nayarit include: Four Seasons Resort Punta Mita, St. Regis Punta Mita Resort and Imanta Resort Punta de Mita. The Riviera Nayarit CVB would like to extend its congratulations to Velas Resorts for the dedication to excellence that has led it to become a part of the exclusive Virtuoso network.

GAPGrupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC) (BMV:GAP) ("the Company" or "GAP") announced today preliminary terminal passenger traffic figures for the month of May 2014 compared to traffic figures for May 2013.

During May 2014, total terminal passengers increased 11.3% compared to the previous year. Domestic passenger traffic increased 7.7%, while international passenger traffic increased 19.2% compared to May 2013.

For the month of May, it is important to highlight the opening of the following routes: Puerto Vallarta -- Manchester and Puerto Vallarta -- London (Gatwick) by Thomson Airways; Aguascalientes -- Monterrey by Aeroméxico and Bajío -- México by Interjet.

Company Description:

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates twelve airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP".

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the "Ley del Mercado de Valores", GAP has implemented a "whistleblower" program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP's Audit Committee will be notified of all complaints for immediate investigation.

For more information please visit www.aeropuertosgap.com.mx

[readon1 url="http://online.wsj.com/article/PR-CO-20140604-911467.html"]Source:online.wsj.com[/readon1]

pvbvPuerto Vallarta (often referred to as Vallarta or just PV) is known for its friendly atmosphere, so it’s not surprising that it attracts a lot of tourists. Many of the expats you’ll meet here started out as tourists. The ones I spoke to told me they came here on vacation but realized pretty soon that they didn’t want to leave. As soon as they went home, they changed their lives to move here. You can’t get a better stamp of approval than that.

But PV’s not just popular with gringos—it’s a favorite destination for Mexicans, too. That alone helps maintain its authentic cultural flavor.

So what’s drawing so many people here? Well, first of all, Puerto Vallarta is incredibly beautiful. The majestic ocean—with its long sandy beaches splattered up and down the coastline—stretches as far as the eye can see.

The thoughtful architecture of the city complements its natural beauty. Traditional Mexican buildings blend with modern and abstract designs, while palm trees and exotic flowers grow abundantly on its cobble-stoned streets.

It’s an easy city to navigate, too. Because Puerto Vallarta is relatively small with a population of 250,000, transportation is quick, inexpensive, and efficient. A bus from downtown Old Vallarta to outlying suburbs where there are malls (including Walmart and Costco), modern hospitals, clinics, and universities, only costs 50 cents. Take a taxi and depending on how well you can haggle, it will only cost between $5 and $8. And if you need to fly somewhere, Puerto Vallarta has its own international airport, making it convenient to North American destinations.

The half mile malecon (boardwalk) that borders the beach from Old Vallarta to the Zona Romantica is a fun place to stroll and offers a great mix of activities and art, against one of the most beautiful backdrop views of the Pacific you’ll ever see. Puerto Vallarta is also an art mecca that offers weekly art walks.

As you walk the boardwalk, you’ll pass 15 life-size sculptures depicting local history and culture by famous artists.

The smells wafting from the many restaurants and food stalls selling everything from smoothies to fish on a stick are hard to resist. You like people watching? This is the place to do it. As the sun starts to go down, you can find a quiet place on the beach to watch the sunset, then go to one of the many piano bars, bass-thumping clubs, or salsa bars to practice your Latin dance moves.

What about safety? We’ve all heard stories about the dangers in Mexico…but you don’t need to worry in PV. Puerto Vallarta has been deemed one of the safest destinations in Mexico and the locals will tell you it’s safe to walk almost anywhere in the city on your own, day or night. That’s partly due to the abundance of tourist police on nearly every corner downtown. And, geographically speaking, because Puerto Vallarta is located on the Bay of Banderas, there is increased protection from natural disasters like tsunamis and hurricanes.

That all might sound great for a vacation…but what about as a full-time retirement destination? Well, when I was there scouting it out, I made sure to research how much it costs to live in PV. And I heard about some great deals.

The owner of the local tacqueria that I like to frequent (two tacos cooked fresh in front of you with the ingredients of your choice and a freshly squeezed orange juice all cost just $4, by the way) said he could find me a one-bedroom apartment in the suburb of El Pitillal, a 20-minute bus ride from downtown, for just $200 a month. Wandering around El Pitillal, you’ll rarely cross paths with another gringo. It’s like old Mexico, with traditional small tacquerias, tiendas and lavanderias.

If you prefer to live in Old Vallarta (downtown), where there is more action, I discovered you can rent a one-bedroom apartment for $400 a month. Living in this area you’re more likely to spend time eating out, but a light dinner including a fresh garden salad, ceviche (presentation is of Food Network calibre), and a glass of wine need only cost $8. Or go with friends for a breakfast of French toast with candied pecans, orange juice, and coffee on one of the beachfront restaurant patios for $7.

Spend $20 at the local grocery store and you’ll have enough veggies, pasta, fresh cheese, yogurt, papayas, and fresh oranges (to squeeze for your morning juice), to easily last you for a couple of days. Tourism has meant that locals are making things like fresh granola, and imported foods are easily available, but that will quickly drive your monthly expenses up.

Of course, the sky’s the limit with respect to both your accommodation choice and lifestyle, but your lifestyle in Puerto Vallarta—and your budget—can easily be tailored to your interests and your income. Clearly, Puerto Vallarta has not “been done” yet.

[readon1 url="http://internationalliving.com/2014/06/affordable-puerto-vallarta-not-just-a-vacation-paradise/"]Source:internationalliving.com[/readon1]

imrThe Grand Velas Riviera Nayarit, located on Mexico's Pacific Coast, is offering a choice of complimentary perks and more for new bookings made through Nov. 1, 2014. Groups can pick one perk from a selection that includes: complimentary decor and music for one themed party, like a themed fiesta or a Black & White Gala; complimentary setup for one private event, or a complimentary 18-hole round of golf for each guest. Planners also have the option to select one coffee break service per stay. In addition to the chosen perk, one three-night complimentary return stay certificate, 25 percent savings on all in-house audio visual equipment and one complimentary massage for one designated group member is included with the Pick Your Perk package.

The offer is available for reservations made up to Nov. 1, 2014 and the travel window for the promotion is now through Dec. 15, 2014. The promotion is not valid for groups under contract, combinable with other promotions or special offers and restrictions and blackout dates may apply. Grand Velas Resorts’ all-inclusive rates include suite accommodations, a la carte gourmet meals at a choice of specialty restaurants, complimentary basic WiFi, premium branded beverages, 24-hour ensuite service, fitness center with personal training sessions, taxes and gratuities, and more.

The resort has 25,321 square feet of indoor meetings facilities. The Grand Marissa Ballroom consists of over 6,000 square feet and is easily subdivided into five separate rooms, ideal for breakout sessions or individual workshops. The resort’s facilities also include four other rooms ranging from 681 to more than 1,954 square feet that offer several arrangement variations to maximize meeting productivity and efficiency. All meeting rooms offer high-speed Internet access, video conferencing services, LCD projectors, high-end lighting equipment and simultaneous translation services.

[readon1 url="http://www.internationalmeetingsreview.com/mexico/grand-velas-riviera-nayarit-offers-perks-bookings-made-through-nov-1-2014-99086"]Source:www.internationalmeetingsreview.com[/readon1]