NEW YORK— Veteran luxury hotelier Horst Schulze has launched a so-called six star brand to be known as Capella Hotels & Resorts with two resorts in Mexico and two in Ireland. The two Irish properties, both resorations of existing historic buildings, are scheduled to open in 2006. The Mexican resorts–one in Cabo San Lucas and one in Cancun–will open in 2007. Each property will have less than 100 rooms, a model Schulze said could be profitable, given that each also will have a for-sale residential component as part of the project. The launch of Capella, which is named for the sixth brightest star in the sky, follows Schulzes launch earlier this summer of a second brand, the five-star Solis Hotels & Resorts.
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