MARAEY: The Mixed-Use Development Set to Attract 450.000 Tourists to the Rio de Janeiro Area Every

Emilio Izquierdo, CEO of MARAEY, explains what makes the project unique and shares his vision for MARAEY, a sustainable tourist and residential development and the first mixed-use development in all of South America to achieve SITES Gold certification.

“The vision that we have is to turn the MARAEY project into the best sustainable tourist and residential development, not only in Brazil but also Latin America, and be one of the best in the world in this category. The highlight of this project is the location, as we acquired this incredible piece of land in the outskirts of Rio de Janeiro within the metropolitan area. We are talking about 840 hectares of land with 8.5 kilometers of beach front, and 12 kilometers of lagoon shore. Besides these attributes, we are very proud to say that we have designed and worked very hard on this project in order to turn MARAEY into the best tourist destination in the region, and a new residential area for the city of Rio de Janeiro that is absolutely unique”, says Emilio Izquierdo.

“From a tourist perspective, we have worked with several consultants in order to define a unique proposal. We are currently in the licensing process for four hotels, which have already been approved in the master plan. And we aim to start the construction of three of the four hotels at the beginning of 2023. One of the hotels is a high end European and all-inclusive proposal, with 462 rooms with brand new residences. The second hotel is an eco-luxury boutique hotel with 58 villas and 80 apartments on the beach front. The third hotel is an all-inclusive with 912 keys. We have an agreement for this hotel with Rock in Rio in order to launch the first Rock in Rio hotel in the city of Rio de Janeiro. And the fourth hotel is a golf hotel with 118 keys and around 160 branded residences. What is interesting is that these hotels have four complimentary value propositions and experiences for the guests. The idea is that they will bring over 300,000 direct tourists every year within MARAEY. Based on several studies, when you create a new tourist destination for every direct tourist, there is 0.5 indirect tourists. So that means our project will bring over 300,000 direct tourists and another 150,000 indirect tourists every year to the area”, he adds.

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