Royal Isabela — the world-class golf and private membership club on the cliffs of northwest Puerto Rico — was named “Puerto Rico’s Leading Golf Resort” at the World Travel Awards Caribbean and North American Gala.
Paulson & Co. Inc., a New York-based investment firm, announced Monday that on behalf of its Recovery Funds it has acquired a majority interest in The St. Regis Bahía Beach Resort, Puerto Rico and the Bahía Beach Resort & Golf Club.
The purchase of the long-shuttered Normandie Hotel by the Texas-based Interra Capital Group represents the company's first hotel property acquisition, said an executive close to the transaction.