O:live Boutique Hotel opens ‘rooftop oasis’
January 9, 2013
Less than a year after opening its doors in San Juan’s trendy Condado area, the O:live Boutique Hotel — owned by entrepreneurs Loisse Herger and Fernando Dávila — is cutting the ribbon on its “Rooftop Club,” an outdoor tapas and bar area overlooking the Condado Lagoon.
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St. Regis Bahía Beach makes $30M in 2nd year
January 7, 2013
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.
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$342M Dorado Beach, A Ritz-Carlton Reserve opens for business
December 13, 2012
The first Ritz-Carlton Reserve property in the Americas officially opened for guests Wednesday in Dorado, bringing back to life the former Dorado Beach hotel five years after it was shuttered.
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Construction starts on $2M San Lorenzo hotel
November 2, 2012
The East-Central town of San Lorenzo is getting its first hotel in August 2013, with the completion of the Hacienda Muñoz Inn unveiled Thursday.
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Camuy to get its 1st municipal hotel
October 31, 2012
The government of the northwestern town of Camuy announced Tuesday the upcoming start of construction of the $19 million Los Farallones, a municipal hotel that will feature 100 rooms, a pool and activity hall.
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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.
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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.
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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.
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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.
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Parador Combate Beach expands Cabo Rojo property
September 21, 2012
Parador Combate Beach, also known as the Combate Beach Resort, in Cabo Rojo, began the second phase of its expansion and improvement program earlier this month, with an investment of some $275,000.
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Hilton Ponce marks 20th anniversary with $500K in upgrades
September 5, 2012
The Hilton Ponce Golf & Casino Resort is marking two decades of operations in Puerto Rico’s second-largest town with some $500,000 in property upgrades — including a waterpark and upgraded pool facilities — that should be completed next month, José Caro-Cohen, business development director told News is my Business.
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Chef Ducasse out of W Retreat, eatery re-opens as Sorcé
August 28, 2012
Two and half years after renowned Restaurateur and Chef Alain Ducasse opened his first restaurant in the Caribbean, miX on the beach at the W Retreat & Spa in Vieques Puerto Rico, the hotel announced a new eatery, Sorcé, has taken its place.
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$38M Hyatt Place Manatí breaks ground for ’14 opening
August 22, 2012
Construction of the $38 million Hyatt Place in Manatí got underway Tuesday, when developers and government officials gathered to offer details about the property that will cater mostly to the pharmaceutical and manufacturing plants in the area.
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Facing foreclosure, Perichi’s Hotel files for Ch. 11
July 2, 2012
Empresas Playa Joyuda Inc., owners of the 50-room Perichi’s Hotel, Restaurant & Cocktail Lounge in Cabo Rojo, filed for Chapter 11 protection at the U.S. Bankruptcy Court last Friday, News is my Business learned.
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St. Regis Bahía Beach in Río Grande lands ‘AAA 5-Diamond’ rating
June 6, 2012
The St. Regis Bahía Beach Resort in Río Grande announced Wednesday that the beachfront property has earned AAA’s Five Diamond Rating, joining five other hotels that have landed the prestigious accolade in the Caribbean since 2011.
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