CJ Invest New Courtyard by Marriott Breaks Ground in Dominican Republic
Another new Courtyard by Marriott has broken ground in the Caribbean, this time in the Dominican Republic. The new Courtyard By Marriott Santo Domingo – Piantini officially broke ground this week, a property that will be the second Courtyard-branded hotel […]
Apple Leisure Group Sold for $2.7 Billion
Travel giant Apple Leisure Group has been sold for $2.7 billion. The buyer? Hyatt Hotels Corporation, which has entered into a definitive agreement to acquire ALG and its assets from affiliates of KKR and KSL Capital Partners. The deal is […]
Tax Credits Are Driving a Hotel Boom in Ponce, Puerto Rico
By Joe Pike, Special Contributor to CJI When Puerto Rico changed its laws in 2016 to offer greater tax incentives to real estate investors, a lesser-known city on the destination’s southern coast began to catch the eye of wealthy businessmen […]
CJ Invest More Than 7,500 New Hotel Rooms in the Pipeline in Jamaica
Jamaica has more than 7,500 new hotel rooms set to come on stream in the next three years, according to Tourism Minister Edmund Bartlett. There are a number of major hotel projects “slated for implementation” between 2021 and 2023, Bartlett […]
The Caribbean's Top Hotel Investment Conference Is Back
By Guy Britton It’s long been the top hotel investment conference in the Caribbean: CHRIS, the Burba Hotel Network’s Caribbean Hotel and Resort Investment Summit. And now it’s back. CHRIS is returning for 2021 with a two-day event at the […]
Top Bahamas Luxury Resort Sold
By Joe Pike, Special Contributor to CJI Rock House Harbour Island, a popular luxury boutique hotel in the Bahamas, was recently sold to Don and Kelly Jenkins and will reopen as a rebranded hotel, said Henry Rolle, general manager of the property. […]
CJ Invest Hilton Is Opening New Resorts in Punta Cana and Puerto Rico
Hilton is planning another big expansion in the Caribbean with its Tru by Hilton brand. Tru by Hilton, the company’s midscale brand, is expanding to the Caribbean, with plans to open three new resorts in the region by 2023, with […]
Top Caribbean Golf Resort Sold
A partnership co-owned and managed by LionGrove Capital has acquired another resort in Puerto Rico, Caribbean Journal Invest has learned. The company, which also owns the Fairmont El San Juan Resort, has purchased the Wyndham Candelero Beach Resort from Palmas […]
Eleuthera Boutique Hotel Lists for $3.6 Million
By Dana Niland A waterfront boutique hotel in Eleuthera has hit the market, Caribbean Journal Invest has learned. The Unique Village Hotel and Villas is set on a 2.2 acre site near Palmetto Point in Eleuthera. The beachfront resort is […]
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