Hyatt Hotels Corp. announced plans to expand and refurbish 83 guest suites at its Hyatt Regency Grand Reserve Puerto Rico property in Río Grande, a project to be completed this year. The hotel chain did not disclose the investment attached to the improvements, in response to questions from News is my Business. “However, Hyatt continues […]
Driftwood Capital, commercial real estate investment, development and lending platform specializing in hospitality, has acquired the Sheraton Old San Juan, a 240-room hotel and 27,500-square-foot retail complex in Old San Juan, it announced. The financial terms of the deal were undisclosed, News is my Business confirmed. “Driftwood intends to undertake a full-scale renovation of the […]