The Puerto Rico Hotel and Tourism Association said this week it is “pleased” with the results of the final report for House Resolution 129 that ordered a study on the causes for casino closings on the island, which pointed to illegal slot machines as the cause.
Paulson & Co. Inc., a New York-based investment firm, announced Monday that on behalf of its Recovery Funds it has acquired a majority interest in The St. Regis Bahía Beach Resort, Puerto Rico and the Bahía Beach Resort & Golf Club.
Regional Cape Air is moving ahead with growth plans for the Caribbean with the addition of non-stop service between San Juan and Culebra and between San Juan and Virgin Gorda.
Puerto Rico Public-Private Partnership Authority’s Board has finished evaluating the Caguas-San Juan commuter rail project desirability and convenience study, giving the agency the go-ahead to continue the procedures to establish a partnership for the project, P3 Authority Executive Director Grace Santana said Wednesday.
The Department of Transportation and Public Works is expected to make an announcement in coming weeks about its plans to kick off a service to connect people from areas lacking bus service with Urban Train stations, this media outlet learned.
The Puerto Rico Hotel & Tourism Association unveiled Monday details of a strategic alliance with local and international businesses that seeks to strengthen the island’s lure as a destination, to be known as “PUR Puerto Rico.”
The purchase of the long-shuttered Normandie Hotel by the Texas-based Interra Capital Group represents the company's first hotel property acquisition, said an executive close to the transaction.
The Puerto Rico Tourism Company unveiled its economic development strategies Wednesday night, looking to maximize the potential growth of key areas such as new tourism niches, strengthening the quality of services provided to visitors, and increasing the number of tourists that visit the island.
Starting next month, passengers arriving to Puerto Rico’s Luis Muñoz Marín International Airport will have easier access to car rental companies, which will move their operations to the first level of the multi-level parking facility, Agustín Arellano, CEO of Aerostar Airport Holdings, airport administrator, said Tuesday.
The president of the Union of Electronic Machine Operators (UDOME by its Spanish acronym), Rafael Hernández-Cañete, said Wednesday they are not to blame for casino revenue losses as a result of illegal slot machines, as the Puerto Rico Hotel and Tourism Association claimed recently.
Starting today users driving along Puerto Rico highway 22, commonly known as the José De Diego Expressway, will be able to use the new dynamic toll lanes that will run between the Buchanan and Toa Baja toll stations, operator Metropistas said.
The Puerto Rico Tourism Company’s Gambling Division is revisiting casino regulations in response to hoteliers who have spent the better part of the last year lobbying for amendments to temper the rules to current economic conditions and provide more flexibility they say would prevent a wave of casino closings.
The announcement by Hilton Hotels & Resorts that San Juan’s iconic Condado Plaza hotel would no longer fly the Conrad flag — adopting the Hilton name instead — represents a brand shift for the property that may not be as business-as-usual as it seems.
Hilton Hotels & Resorts announced Tuesday that the 571-room hotel formerly known as Conrad San Juan Condado Plaza, has been renamed and rebranded as The Condado Plaza Hilton.
KPMG LLP, one of the largest professional services companies in the world, has been tapped as the financial consultant for Novotren, the Caguas-San Juan commuter train project.
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