Toronto, Ontario - Luxury hotel operator Fairmont Hotels & Resorts and Mota-Engil Tourismo yesterday announced the development of a new 250-room luxury hotel and additional private residences along the Riviera Nayarit in Mexico.

The sparkling new Fairmont Costa Canuva is slated to open in late 2018 and will reside within the new master-planned "Costa Canuva" seaside community on the Riviera Nayarit. The Costa Canuva development is set along miles of pristine beach, just north of Punta Mita and approximately 40 miles north of Puerto Vallarta International Airport.

Costa Canuva, with more than 4.3 miles of shoreline and 630 acres of beach, estuary and mountains, will offer five hotels, including the Fairmont, and will be ideal for all types of travelers. It will also present residential ownership opportunities within the beachfront village with 2,500 residential units, including some designed by the renowned Artigas Arquitectos firm.

The development will also have an exclusive golf course designed by Greg Norman and Lorena Ochoa, with this being the first course created by the Mexican golfing champion. Two of the holes will present spectacular sea views to guarantee an unforgettable playing experience. Furthermore, an extensive list of activities will be available at Costa Canuva. Families will be able to experience a blend of sea and mountain and enjoy paddle surfing, more than 20 kilometers of cycling tracks designed by the International Mountain Bicycling Association (IMBA), and a canopy park including zip lines, among others.

These will come together as part of a masterful design to respect and enjoy the beauty and luxury of the venue, as is a tradition in projects overseen by famed urban planner, Mario Lazo.

"We are delighted to be at the forefront of establishing the new Costa Canuva community in this thriving and beautiful region," said Kevin Frid, president of the Americas for Fairmont's parent company, FRHI Hotels & Resorts. "From the Riviera Maya to the Riviera Nayarit, we are positioning Fairmont to deliver our unique brand of luxury and genuine hospitality at Mexico's most sought-after destinations."

The Riviera Nayarit stretches for 51,800 hectares along the Pacific Ocean and offers a coastal lifestyle similar to that of California, while sharing the same latitude as Hawaii, providing a temperate yet tropical climate that can be enjoyed all 365 days of the year.

Costa Canuva will provide access to sailing, surfing, fishing expeditions, a PGA-level golf course and pristine beaches. It will also add to the offering that led Conde Nast Traveller UK to name the Riviera Nayarit as one of its 10 Destinations To Watch in 2015.