This edition of Climbing the Corporate Ladder features top executive appointments at a museum, a college and a hotel in Puerto Rico.
Braemar Hotels & Resorts, a real estate investment trust (REIT) focused on investing in luxury hotels and resorts, announced it has entered into a definitive agreement to acquire the 96-room Dorado Beach, a Ritz-Carlton Reserve in Dorado, for $186.6 million. The purchase price represents $1.7 million per key, including 14 luxury residences adjacent to the hotel […]
The Dorado Beach, A Ritz-Carlton Reserve is not under contract for sale at this time, but one of the luxury hotel’s developing partners, PRISA Group, confirmed that it is always exploring alternatives for its properties. Federico Stubbe Jr., CEO of PRISA Group, told News is my Business “as developers, after a property is stabilized, we’re […]
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