Hyatt Hotels Corporation and LATAM Hotels Corp announce the opening of Hyatt Place Managua, the first Hyatt-branded hotel in the capital city of Managua, Nicaragua.

Sugar Bay Resort and Spa today announced the completion of a $20 million campaign to update and renovate guest rooms, public areas, and restaurants across the property.

Located in the heart of the city’s financial district, Aloft Asuncion marks the first Aloft hotel in Paraguay and the sixth in Latin America.

Elegant Hotels Group is adding to its portfolio of properties on the island of Barbados with the acquisition of Waves Hotel & Spa for $18 million. The Waves is a 4-star all-inclusive resort.

The Deep Water Cay resort community in the Bahamas is planning a major expansion, the country’s government announced this week. Deep Water Cay is off the eastern end of Grand Bahama.

International Design Concepts is expanding its reach in the Caribbean, with several new projects in the works.