Ground breaks on $28.7M Hyatt House San Juan hotel
October 30, 2012
Hyatt Hotels Corporation and Island Hospitality Partners, LLC, a joint venture of PRISA Group and McConnell Valdes Consulting, announced Monday the start of construction of the new Hyatt House San Juan, which is expected to open in fall 2014. The total investment in the new property to be located in the Puerto Rico Convention District in Miramar was estimated at $28.7 million.
chat_bubble0 Comment
visibility4100 Views
Puerto Rico shows strengths as convention destination
October 22, 2012
Puerto Rico is putting on its best face this week as members of the International Congress and Convention Association gather on the island for their weeklong 51st annual convention.
chat_bubble0 Comment
visibility3357 Views
$100M Royal Isabela complex opens in western Puerto Rico
October 19, 2012
Royal Isabela — the $100 million golf community and private membership club perched on dramatic bluffs at the northwest edge of Puerto Rico — was officially inaugurated Thursday, with government and private sector executives on hand for the ceremony.
chat_bubble0 Comment
visibility5155 Views
Seaplane and water tours launch at Bahía Urbana
October 16, 2012
Folks who like to dream big, explore and discover natural wonders will now have the opportunity to enjoy a variety of unique adventures by air and by sea with Seaplanes in Paradise & San Juan Water Tours, which recently launched services from Pier 6 in Old San Juan.
chat_bubble0 Comment
visibility3342 Views
GDB mulls restructuring Condado Duo building loan
October 15, 2012
The Puerto Rico government is reviewing a request by one of the island's main hotel operators to restructure the loan that helped pay for the renovation of two landmark hotels: La Concha Renaissance Resort & Casino, currently in operation, and the Condado Vanderbilt Hotel, which shut down 15 years ago and reopens on Tuesday in a phased manner.
chat_bubble0 Comment
visibility5089 Views
Tourism activity showing signs of improvement
October 15, 2012
New luxe hotel properties, a higher return for investors, and greater satisfaction by cruise passengers visiting the island are spelling out a brighter outlook for Puerto Rico's tourism industry, according to Tourism Co. Executive Director Luis Rivera Marín.
chat_bubble0 Comment
visibility3002 Views
Dorado Beach, Ritz-Carlton Reserve taking reservations
October 12, 2012
Two months ahead of its scheduled grand opening, the Dorado Beach, a Ritz-Carlton Reserve announced this week it has begun accepting reservations to stay at what will be Puerto Rico's most lavish hotel property.
chat_bubble0 Comment
visibility2614 Views
Puerto Rico carving out medical tourism niche
October 10, 2012
With an economy still struggling and health costs soaring, many United States residents are opting to seek quality medical care at lower prices, and this is a niche that has enormous potential for Puerto Rico, as the island offers high quality healthcare at 40 percent to 60 percent less than the U.S.
chat_bubble0 Comment
visibility3249 Views
Puerto Rico airport P3 draws many comments online
October 1, 2012
While dozens of representatives from the public, private and labor sectors asked for a turn to speak during last Friday’s Federal Aviation Administration-sponsored hearing on the proposal to transfer the operation of Puerto Rico’s main airport facility, the Luis Muñoz Marín Airport, out of the government’s hands, others have opted to go online to express their thoughts on the historic transaction.
chat_bubble0 Comment
visibility5973 Views
Air Flamenco claims Cape Air got ‘preferential treatment’
September 28, 2012
The president of Puerto Rican airline Air Flamenco asked the local government to reconsider its endorsement of a subsidy to Massachusetts-based Cape Air for flights connecting the Luis Muñoz Marín International Airport.
chat_bubble1 Comment
visibility5295 Views
Hotel Campomar issued ‘cease and desist’ over illegal casino
September 21, 2012
The Financial Institutions Commissioner (known as OCIF for its initials in Spanish) announced Thursday it issued a “Cease and Desist” order against Hotel Campomar and Restaurant in Toa Baja, and its president Carlos Fuentes, for operating an unlicensed gambling hall.
chat_bubble0 Comment
visibility4430 Views
FAA to review LMM P3; Aguadilla airport lands FTZ nod
September 20, 2012
Upon determining that the final application from the Puerto Rico Ports Authority and the Puerto Rico Public-Private Partnerships Authority to turn the management of the Luis Muñoz Marín International Airport over to private hands is “substantially complete,” the Federal Aviation Administration officially opened a 60-day review period.
chat_bubble0 Comment
visibility3349 Views
Fortuño moves on DMO; García-Padilla balks at concept
September 20, 2012
Gov. Luis Fortuño told Puerto Rico hoteliers Wednesday he will be signing an executive order next week to formally establish a public-private workgroup to outline the structure and duties of what will be the island’s Destination Management Organization.
chat_bubble2 Comments
visibility4347 Views
Eagle Hospitality selling Embassy Suites in Isla Verde
September 11, 2012
Eagle Hospitality Properties Trust, which owns 13 premium-branded hotels including the 299-room Embassy Suites San Juan Hotel & Casino in Isla Verde, announced Monday it has reached an agreement with its secured lender that allows it to sell its portfolio and repay its secured debt at a discount.
chat_bubble0 Comment
visibility4563 Views
PRHTA to grill gubernatorial candidates in annual convention
September 6, 2012
The Puerto Rico Hotel and Tourism Association will mark its annual convention to be held Sept. 17-21 by asking the island’s gubernatorial candidates to outline their strategies to tackle five main “pillars” of concern to the industry: security, the current labor situation, energy costs, casino-related problems, and the much-discussed creation of the destination management organization.
chat_bubble1 Comment
visibility3750 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA