Florida-based Consolidated-Tomoka Land Co. announced Thursday the pay off of its $14.5 million first mortgage loan secured by the Sheraton Old San Juan Hotel at a discount of approximately $218,000.
The Sheraton Old San Juan Hotel & Casino has completed an extensive, $4 million renovation of its facilities, including upgrades to guest room, corridors, and key public areas, the Palio Restaurant, as well as building exteriors and new technology, sales and marketing director Armando Emanuelli said Wednesday.
The Four Points by Sheraton Caguas Real Hotel & Casino on Wednesday became the second hotel in Puerto Rico to receive the "Green Key Eco Label Award" environmental certification, an international recognition awarded by the Foundation for Environmental Education, an organization that currently certifies more than 2,000 tourism businesses in more than 38 countries worldwide.
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