The Radisson Ambassador Plaza Hotel & Casino in San Juan ceased operations on April 29. Over the past year, the hotel’s lender controlled the asset, according to General Manager Miriam Velez. She said the lender agreed to fund operations as it sought a buyer.
Montage Hotels & Resorts, the hotel and resort management company behind the renowned collection of Montage hotels, resorts and residences, announces plans to develop and operate its newest seaside resort on the sweeping shores of Santa Maria Bay in Los Cabos, Mexico.
As part of the restructuring of HotelInvest’s assets, Accor has announced the sale and franchise-back of 29 hotels, 18 in Germany with a further 11 in the Netherlands.
Hotel Garonda, the first five-star hotel in Playa de Palma, will open its doors this May after a complete refurbishment and redevelopment, marking the 50th anniversary of the original hotel.
Gaining momentum in markets across Latin America, Starwood Hotels & Resorts Worldwide, Inc. has announced it has signed an agreement with Inmobiliaria Punta Tormentos S.A. de C.V. to introduce its world-renowned Sheraton ® brand to Cozumel, Mexico.
Melia Hotels International has recently announced its expansion in the Asian market with new resort openings in Indonesia and Vietnam.




