Following a successful event last year, the Caribbean Hotel and Tourism Association and the Caribbean Tourism Organization announced Friday that the annual Caribbean Hotel and Tourism Investment Conference will return to Puerto Rico in 2012 and 2013. The event represents an economic boon for Puerto Rico and draws attention to the island as an ideal convention destination.
For the second time in the past five years, AMR Corp., parent company of American Airlines Inc., has announced plans to divest its wholly owned regional carrier American Eagle. The strategy calls for spinning off the operation as an independent business.
The luxury Dorado Beach, a Ritz Carlton Reserve property in Dorado is slated to open in December, when it will become the first property to fly that flag in the Americas, developers and government officials said Tuesday.