St. Regis Bahía Beach makes $30M in 2nd year
The St. Regis Bahía Beach Resort in Río Grande, Puerto Rico’s only “AAA Five Diamond Rating” recipient, closed its second year of operations with about $30 million in revenue, representing a 10 percent year-over-year growth, hotel officials said.
Furthermore, the posh property nestled between the El Yunque National Forest and the Espiritu Santo River, also reported a 146.4 percent increase in revenue per available room, hotel executives told this digital media outlet.
“Since the St. Regis Bahía opened its doors, it was evident that the property would change the island’s tourism market,” said Terry Bechtold, hotel general manager. “The resort was designed with a clear and distinct vision, which has been upheld since the beginning and is still in practice today. This vision of excellence has been the key to the resort’s success.”
Hotel officials said during the best month last year, which was March, the property registered 88 percent occupancy. The goal is to push that number to 100 percent this March, when St. Regis executives also expect to increase rates — which fluctuate from $689 to $2,069 per night — by $61 a night that month.
The 139-room ecologically friendly hotel sits on 483 acres of unspoiled oceanfront property along Puerto Rico’s northeastern corridor where guests can, among other things, enjoy an outdoor spa, take a dip in a colossal pool or in the pristine waters of the Atlantic, play a round of golf on the Robert Trent Jones Jr. course, or participate in other activities such as cycling, kayaking, paddle boarding or tennis, among others.
Over the past two years, the St. Regis Bahía Beach has earned numerous recognitions from local and international organizations, including the AAA distinction in June 2012, the “Audubon Gold Signature Sanctuary” award for its flora and fauna conservation efforts, the Puerto Rico Tourism Company’s “Quality Award” for exceptional service, as well as nods from Trip Advisor and Condé Nast Traveler.