Puerto Vallarta, Mexico - Kerzner International has revealed plans to build two new One&Only resorts in Mexico. The properties on the country's Pacific coast will be developed in conjunction with private equity firm BK Partners.

One&Only Mandarina and One&Only Santa Maria de Xala will complement the existing resort in Los Cabos. "I am thrilled we are able to partner with BK Partners to further develop Mexico as a world-class destination, building on the success of One&Only Palmilla. I am looking forward to introducing both of these resorts to our loyal One&Only guests and new guests alike," says Alan Leibman, CEO, Kerzner International.

"The locations truly showcase the best Mexico has to offer, each with a distinctive experience, and I am very confident that One&Only will continue to define ultra-luxury in the region."

Both of the new resorts will be close to Puerto Vallarta's airport.

One&Only Mandarina, located in Riviera Nayarit, will offer approximately 145 luxury villas, while One&Only Santa Maria de Xala will have around 75 villas.

One&Only currently has nine properties dotted across the globe but, alongside the resorts in Mexico, has plans to open in China, Montenegro and Bahrain.