The Foundation for Puerto Rico and the Universidad del Este’s José A. (Tony) Santana International School of Hospitality signed an agreement Thursday to conduct a study that will help promote and develop Puerto Rico’s so-called visitor’s economy.
The Casino Metro is betting the house on new slots, gaming tables and special events to continue bucking the negative trend hitting the industry, as it marks six years of operations at the convention center district in Miramar, casino General Manager Ismael Vega said.
Puerto Rico is $73 billion in the hole, a sustained drought recently led to severe water shortages — at one point forcing some San Juan residents to limit their showers to two a week — and potential rival Cuba is about to open up the floodgates to U.S. visitors.
With prolonged and recurrent stays, the guests of Hyatt House San Juan, located at the Convention Center District in Miramar, have propel the propert to surpass its first-year expectations, Francisco Mariani, manager of Hyatt Puerto Rico said.
Puerto Rico benefitted from $198 million in total cruise tourism expenditures during the 2014/2015 cruise year, which in turn, generated 5,209 jobs and $75 million in wages, according to a study released Wednesday by Business Research & Economic Advisors.
The new operators of the El San Juan Resort & Casino, Aimbridge Hospitality, will be embarking on a $40 million renovation and rebranding of the iconic property, slated to begin in April 2016 and be ready by next fall, the property’s new General Manager Jeff Lesker said Wednesday.
Puerto Rico Medical Tourism Corporation and Florida-based Medical Tourism Association announced Wednesday the Caribe Hilton and the Condado Plaza Hilton are the island’s first hotels to be certified after the training and inspection process under the Medical Tourism Program.
Puerto Rico will host the 5th edition of Caribbean Hotel Investment Conference and Operation Summit.
The mountain town of Orocovis will become home to the future Nayara Toro Verde Hotel, a project that represents a $6 million investment and the arrival of the Nayara luxury hotel chain, exclusive until now to Costa Rica, the Puerto Rico Tourism Co. announced Tuesday.
Hedge fund investor Paulson & Co. has bought the San Juan Beach Hotel in Condado for $20 million, and plans to renovate the beachfront property that shuttered earlier this year after filing for Chapter 11 bankruptcy protection.
Asset management firm Fundamental Advisors LP announced Wednesday that along with partners León, Mayer & Co., and Aimbridge Hospitality, it has acquired the El San Juan Resort & Casino, a Hilton Hotel from an affiliate of Blackstone.
Embassy Suites Dorado del Mar Beach Resort announced the completion of the second phase of a multi-million dollar renovation, including a full overhaul of all suites and introduction of the new Grand Hall.
This year marks UPS’s 30 years of operations in Puerto Rico, where it has achieved sustainable growth and shown a “commitment to service excellence on the island,” company officials announced Wednesday.
The Expedia group, one of the world's leading travel companies, announced this week the opening of its first local Puerto Rico office in San Juan.
Gov. Alejandro García-Padilla on Wednesday toured the San Juan port zone where marine cargo company Sea Star Line will invest $400 million to integrate two new cargo ships into its service and make terminal improvement to accommodate increased activity.
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