Blue Bay is a fairly nice resort, from all I've heard, with a really great beach, but it's actually not in Manzanillo; it's around an hour and a half north of the city.
There are a couple of very pretty little towns nearby; Tenacatita is closest, and Barra de Navidad is about 25 minutes away. Neither is particularly touristy, but by all accounts, they're very friendly places with some great restaurants and some shopping.
You can get to Manznaillo by bus or, I think, taxi - bus is far cheaper, and I've heard there are some pretty nice first class busses that make the run up the coast.
Funny timing, I have just been PMing with another poster about this hotel, they are looking at staying there this coming winter.
We stayed there years ago, here is my trip report on the hotel and the area:
It's fairly isolated, but there actually is a lot of little day trips to do in the area, which is just gorgeous. You can take a cab to La Manzanilla or to Barra de Navidad or Melaque for the day. Maybe 25 minutes drive from the airport. The hotel rooms and some other areas of the hotel were pretty shabby, but apparently things have been improved since we stayed there. (?) Food was suprisingly decent for a thee star (I would call it a solid three star by MX standards). We would go back, mainly for the beach, very pretty swimming beach, great for long walks down to the river mouth and back. And you can take kayaks out to the rocks to the north and snorkel or fish from them. :)
we stayed at the blue bay 2 years ago... its a good place to kick back and get some quality beach time...thought the food was good..staff excelent,,especialy Jasime in the buffett restaraunt if shes still there..but a for us a week was enough
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