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Occidental Hotels and Resorts Attracts Bids

Occidental Hotels and Resorts Attracts Bids

It looks like Occidental Hotels and Resorts, a company with 19 properties across eight countries in the Caribbean, Central America, and Europe, has attracted the interest of some high-profile bidders. According to this report from Bloomberg Businessweek early interest came ...

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Meliá Hotels Joins Baha Mar Project

Meliá Hotels Joins Baha Mar Project

NASSAU, The Bahamas—The Chairmen of Baha Mar and Meliá Hotels International signed an agreement for Meliá to operate the all-inclusive Meliá at Baha Mar, in the luxury leisure development Baha Mar. The $3.5 billion investment, comprised of 1,000 acres with ...

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Caribbean Hotel Development is Coming Back

Caribbean Hotel Development is Coming Back

Although the Caribbean is still not experiencing pre-recession levels of growth in the hotel industry, the region has seen a recent uptick in partially built properties revving up construction again as new developers with new sources of financing come to ...

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Caribbean Hotels Trending Upward

Caribbean Hotels Trending Upward

ATLANTA—PKF Consulting USA (PKFC) announced that the average Caribbean hotel enjoyed a 10.9 percent increase in net operating income (NOI) in 2012, according to its newly released 2013 edition of Caribbean Trends in the Hotel Industry. This is the second ...

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Best Western Focuses on Caribbean Expansion

Best Western Focuses on Caribbean Expansion

Best Western International is steadily building its reputation in the Caribbean since the openings of the Best Western Premier Petion-Ville in Haiti and the Best Western Plus Condado Palm Inn and Suites in San Juan, Puerto Rico, earlier this year. ...

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