Cuba hopes for U.S. travel boom, as charter flights remain grounded
April 8, 2013
A record 2.84 million tourists visited Cuba last year, up 4.5 percent from 2011 figures (by comparison, only 326,000 tourists came to Cuba in 1989). More than one million of them came from Canada, with large numbers also visiting from the United States — mainly Cuban-American exiles and those on specially licensed humanitarian or people-to-people excursions. Other important sources of tourism to Cuba are Latin America, Russia and, increasingly, China.
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New Bahamas airport raises financial issues
April 2, 2013
One of the Caribbean’s top tourism destinations, the Bahamas, now has a world-class international airport to boast about. Yet who will foot the bill for this strikingly modern, $409.5 million expansion project remains a matter of controversy.
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CTO projects 4-5% growth in ’13 tourism to Caribbean
April 1, 2013
Visitor traffic to the Caribbean region should increase by 4 percent to 5 percent this year, reports the Barbados-based Caribbean Tourism Organization. That follows strong growth in 2012 that saw the islands of the Caribbean welcome 25 million visitors — 5.4 percent more than in 2011 and the largest number of stay-over visitors in five years.
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Puerto Rico hotel room tax revenue, bookings up in Jan.
March 21, 2013
The Puerto Rico Tourism Company on Wednesday reported $6.6 million in hotel room tax collections in January, representing a 16.6 percent increase when compared to the same month in 2012, agency Executive Director Ingrid Rivera-Rocafort said.
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Tourism: ‘National brand’ project trumps DMO
February 19, 2013
The Puerto Rico Tourism Company is throwing its support behind the government’s most recent attempt to define a permanent identity for the island by establishing a 15-member committee under the Economic Development and Commerce Department that would be in charge of creating and adopting a “national brand.”
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Tourism activity showing signs of improvement
October 15, 2012
New luxe hotel properties, a higher return for investors, and greater satisfaction by cruise passengers visiting the island are spelling out a brighter outlook for Puerto Rico's tourism industry, according to Tourism Co. Executive Director Luis Rivera Marín.
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Eagle Hospitality selling Embassy Suites in Isla Verde
September 11, 2012
Eagle Hospitality Properties Trust, which owns 13 premium-branded hotels including the 299-room Embassy Suites San Juan Hotel & Casino in Isla Verde, announced Monday it has reached an agreement with its secured lender that allows it to sell its portfolio and repay its secured debt at a discount.
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Caribbean Property Group assumes control of Paseo Caribe project
August 16, 2012
Caribbean Property Group LLC, announced Wednesday its transition from financial partner to managing partner and developer of Paseo Caribe, the upscale, open-air waterfront retail and residential neighborhood, overlooking the Condado Lagoon and Atlantic Ocean.
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Caribbean hotel officials: Cruise ships need to pay their fair share of taxes
May 15, 2012
Hoteliers are generally optimistic that 2012 will bring a modest recovery to Caribbean tourism arrivals, but at a recent conference in San Juan, there was plenty of grumbling that for too long, hotels have been shouldering an unfair tax burden when compared to the cruise industry.
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Tourism Co. throwing support behind ‘paradores’
February 16, 2012
Acknowledging that 2011 was a “challenging” year for Puerto Rico’s small inns, Tourism Company Executive Director Mario González-Lafuente called a meeting with industry executives Wednesday to present a proposal to aggressively promote those hotels among travel agents.
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Tourism Company launches strategies to promote ‘green’ practices
September 27, 2011
Abrupt climate changes that have affected the island in recent years have directly and indirectly impacted various areas of tourism, such as facilities, infrastructure, activities and attractions, Tourism Company Executive Director Mario González-Lafuente said Monday.
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Ritz-Carlton officially presents its Dorado Beach Reserve property
July 18, 2011
A day ahead of the first scheduled walk-through of the property, the Ritz-Carlton Hotel Company, L.L.C. announced Monday the official launch of the Dorado Beach, a Ritz-Carlton Reserve, the first of its kind in the Americas and the second under the luxury brand in Puerto Rico.
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‘Green’ initiatives taking root in local hotels
February 3, 2011
Green is the color of money, something that hotels in Puerto Rico save a lot of each year as they continue to implement environmentally friendly strategies on their properties. They also make more of it, as these days, a growing number of travelers greatly consider environmental awareness as a factor when deciding where to stay.
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