Introduction to Group Lomas and Their Sustainable Practices
Grupo Lomas, a prominent tourism corporation with over 40 years of experience in Cancun, the Riviera Maya, Baja California, and Mexico City, has announced a partnership with Banco Santander México to promote sustainable tourism. The company operates the EarthCheck Oro certified El Dorado Royale hotel in the Mexican Caribbean, recognized globally for its responsible environmental practices.
Who is Grupo Lomas?
Grupo Lomas is a well-established tourism corporation with a strong presence in Mexico’s most popular destinations. Their portfolio includes hotels and resorts committed to sustainable practices, such as conservation of natural resources, protection of tropical forests, and responsible management of the environment.
Why is this partnership significant?
This collaboration marks a milestone as it is the first green loan provided by Banco Santander Mexico to hotels with EarthCheck Oro certification. This partnership aims to strengthen sustainable tourism practices and support eco-friendly initiatives.
Details of the Green Loan
Banco Santander Mexico’s Green Loan
Banco Santander Mexico has granted a green loan to El Dorado Royale, enabling the hotel to undertake renovations and promote sustainability initiatives. This loan is part of Santander’s commitment to supporting socio-environmental projects that generate long-term positive impact and value.
Purpose of the Financing
- Renovation of hotel facilities
- Promotion of sustainability initiatives
- Implementation of governance and employee training programs
Quotes from Key Figures
Dolores López Lira, President of Grupo Lomas
“This green loan reinforces our commitment to protecting the planet, promoting well-being for people, and fostering prosperity in communities.”
Samantha Frachey, Executive Vice President of Grupo Lomas
The financing provided to El Dorado Royale, recognized for its environmental conservation practices, will support the hotel’s renovation efforts and promote sustainability initiatives along with governance and employee training programs.
Javier Perochena, Director of Banco Santander Mexico
“This green loan exemplifies our commitment to supporting socio-environmental projects that create positive, long-term impact. We are proud to partner with Grupo Lomas, a leader in the hospitality industry for their environmental stewardship, biodiversity conservation, and community commitment.”
Key Questions and Answers
- What is a green loan? A green loan is a financial instrument provided by banks to support projects with positive environmental or climate benefits.
- Why is this partnership important for sustainable tourism? This collaboration sets a precedent for other hotels and resorts to adopt sustainable practices, fostering a greener tourism industry.
- How will the green loan be used by El Dorado Royale? The financing will fund renovations, promote sustainability initiatives, and support employee training programs focused on governance and responsible environmental management.
