Thirty-two businesses operating in the upscale Palmas del Mar community in Humacao are facing a collective $373,000 in fines for failing to remit sales and use tax (known as IVU in Spanish) payments to the agency.
Two investment groups announced plans this week to shell out a combined total of more than $460 million in separate acquisitions that will significantly strengthen Puerto Rico's status as a high-end luxury resort destination, government officials hope.
Puerto Rican investment firm Encanto Group announce Monday the acquisition of Punta Candelero Beach Resort and Marina at Palmas del Mar in Humacao.
Wyndham Garden Hotel & Casino at Palmas del Mar announced Wednesday it has received a TripAdvisor “Certificate of Excellence” award. The accolade, which honors hospitality excellence, is given only to establishments that consistently achieve outstanding traveler reviews on TripAdvisor, and is extended to qualifying businesses worldwide. Only the top-performing 10 percent of businesses listed on TripAdvisor receive this prestigious award.
The three-day Puerto Rico Heineken International Regatta, which took place over Memorial Day weekend in Palmas del Mar in Humacao represented an economic injection of more than $1 million into area hotels and businesses, event organizers said.
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