November bookings dropped by about 70%, for IHP Hospitality Corp. as a direct consequence of the COVID-19 pandemic and the government’s Executive Order, which, among other conditions, bans recreational visits to beaches and imposes a curfew. “We currently own five different hotels across the island. It’s been extremely challenging, Claire Ruiz, director of Finance and […]
The English-speaking world is notoriously monolingual. Due to English being the most spoken second language across the world, a lot of native English speakers feel no need to learn one themselves. While monolingualism is found in other parts of the world, there is a certain stereotype of an English speaker expecting everyone to understand them […]
Retail Value Inc. closed on the sale of the Plaza Palma Real shopping center in Humacao on Dec. 22, for $50 million prior to closing costs, prorations and other closing adjustments, it announced. The buyer was undisclosed. The net proceeds were used to repay mortgage debt associated with RVI. Last year, the mall marked its […]