Mundo Imperial Shutters

The extravagant, $300 million Mundo Imperial resort in Acapulco, Mexico, officially shuttered Dec. 2.

The situation does not affect the 4,800-capacity, SMG-managed The Forum at Mundo Imperial. The $45 million facility debuted with three Yanni shows Nov. 13-16 and is locking in shows through December, booking manager Armando Borono told Pollstar.

Like many major construction projects, the resort, convention center and entertainment complex had been suffering from the economic downturn.

It was more than two years in the making but, according to one source, will never open.