Los Cabos, Mexico - (October 12, 2011) - The Los Cabos Convention & Visitors Bureau today announced that Mexico's President Felipe Calderón has officially selectedLos Cabos as the host city for the 2012 G20 Summit, which will be held in June 2012. The President made the announcement at a press conference held in Mexico last Thursday. The destination's first-class hotel and airport infrastructure were noted as two important factors in the decision.
"Los Cabos is extremely proud and honored to be selected as the official host city for the G20 Summit as this is an incredible opportunity for our destination as well as for the country of Mexico," says Gonzalo Franyutti, President of the Los Cabos Convention & Visitors Bureau. "Los Cabos has the exclusive appeal, a contemporary tourism infrastructure and the safety record required to host an event of this global caliber. As a haven for VIPs throughout the world, Los Cabos is truly the 'Window to the World' for Mexico. We look forward to welcoming the G20 delegates and attendees to our destination."
With 13,000 total rooms in the destination, Los Cabos will dedicate 11,000 rooms to the G20 Summit to accommodate the more than 7,000 attendees, while the Mexican government will invest more than $47,000,000 into the development and promotion of the Summit.
In addition, a new 653,400 square foot Convention Center will house the G20 meetings and events. Designed to accommodate over 6,000 people, the Convention Center represents $100,000,000 investment by the federal government and a $1,500,000 investment from the State of Baja California Sur. The municipality of Los Cabos endowed a 15-acre tract of land which is located alongside a private golf community and boasts magnificent views for the building of the Convention Center, and the Los Cabos Tourism Board has also invested almost $1,000,000 in the project. The Convention Center will be designated a "green" facility, and will be designed with energy efficiency in mind and will be equipped with solar panels. Construction of the center is set to begin during the first week of November.
About Los Cabos:
Located at the tip of the 1,000-mile long Baja Peninsula, Los Cabos is home to award-winning hotels and resorts, championship golf courses, rejuvenating spas, world-class sport fishing and much more. With a unique landscape of dramatic desert and white sand beaches, Los Cabos is an exotic escape within easy reach of most U.S. cities.
About the G20:
The G20 was originally established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. To tackle the economic crisis that spread throughout the world in 2008, the G20 members were called upon to further strengthen international cooperation. G20 Summits have been held in Washington in 2008, in London and Pittsburgh in 2009, in Toronto and Seoul in 2010 and this year, the G20 will take place in Cannes, France on November 3 - 4.
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