$6M Nayara Toro Verde hotel to open in Orocovis
August 5, 2015
The mountain town of Orocovis will become home to the future Nayara Toro Verde Hotel, a project that represents a $6 million investment and the arrival of the Nayara luxury hotel chain, exclusive until now to Costa Rica, the Puerto Rico Tourism Co. announced Tuesday.
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Paulson & Co buys San Juan Beach Hotel for $20M
July 24, 2015
Hedge fund investor Paulson & Co. has bought the San Juan Beach Hotel in Condado for $20 million, and plans to renovate the beachfront property that shuttered earlier this year after filing for Chapter 11 bankruptcy protection.
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Private firms buy El San Juan Resort & Casino
July 23, 2015
Asset management firm Fundamental Advisors LP announced Wednesday that along with partners León, Mayer & Co., and Aimbridge Hospitality, it has acquired the El San Juan Resort & Casino, a Hilton Hotel from an affiliate of Blackstone.
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