Apple Leisure Group® (ALG) announces the appointment of Sergio Rascón as Vice President of Development (Aug. 15).
Rascón, based in Mexico City, leverages over 20 years of professional experience in the real estate financial services and investment management industries.
In his new role, Rascón reports to Javier Coll, Group President of Global Business Development and Innovation, as the newest member of the ALG development team, which is focused on delivering unmatched hospitality expertise to hotel owners looking to invest in new assets or boost existing hotel property performance across Mexico, the Caribbean, Central America and Europe.
Rascón will also spearhead efforts to establish and bolster relationships within the Institutional investment management firms in Mexico and the Caribbean, including pension funds, endowments, and other institutional investors that seek to deploy capital across Latin America and Caribbean in luxury all-inclusive resorts.
Javier Coll, Group President of Global Business Development and Innovation at ALG says offering the highest levels of expertise remains the company's number one priority, especially as the all-inclusive sector continues to grow and become even more competitive.
“Adding a financial investment industry veteran like Sergio, who has such strong ties to the Latin American investment community, reinforces our long-term goal of increasing our global footprint," Coll said. "We are proud to welcome him into the ALG family.”
Rascón is the latest addition to ALG Development’s growing team, which operates in the U.S. from the company’s headquarters in Newtown Square, Pennsylvania, and Miami, Florida as well as in-country across the globe to provide unmatched support for owners, investors, and developers.
Federico Moreno-Nickerson will continue to focus on Private Investors and Family Offices, Real Estate Brokerage Firms, and Consulting Firms in Mexico and Latin America, while Fernando Fernadez will continue with that same focus for Caribbean.
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