Hoteles Inkaterra: Escalando el Turismo Sostenible en Peru (IDBI-14988-01)

Countries
  • Peru
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • IDB Invest (IDBI)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 12, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 17.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 17.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 22.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IDBI website

Updated in EWS Oct 23, 2025

Disclosed by Bank Oct 3, 2024

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the IDB Invest, Inkaterra, through its subsidiaries Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C., is seeking a US$12.0 million senior secured loan to develop new properties in the northern region of Peru (Cabo Blanco) and Machu Picchu, increase the room capacity of its existing hotels in the Peruvian Amazon (Madre de Dios), and to optimize its capital structure. Additionally, the Group is seeking an uncommitted revolving credit facility of up to US$5.0 million to finance working capital needs, focusing mainly on the payment of SME suppliers. Inkaterra intends to strengthen its impact and sustainability practices, and therefore wishes to take advantage of IDB Invest’s expertise and advisory services to expand its sustainability programs at a national level, thus enhancing its social and environmental commitment.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to IDB Invest, Inkaterra (the “Group” or “Inkaterra”) is a Peruvian hotel group with more than 40 years of experience, which operates seven hotels in emblematic destinations of the country, such as Machu Picchu, Valle Sagrado and Madre de Dios in the Amazon. These properties are recognized for their unique combination of hotel services and environmental sustainability, offering immersive experiences in some of Peru’s most biodiverse regions. Inkaterra’s operations are deeply rooted in scientific research and biodiversity conservation, with a holistic approach that integrates hospitality with sustainable development.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Cabo Inka S.A.C Client -
- - - - Estación Ecológica Turística Amarumayo S.A.C Client -
- - - - Palma Real S.A.C Client -

Contact Information
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ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IDB Invest is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).

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