Hotel Transaction Puerto Rico
275 Room Hyatt Hotel Portfolio Sold in Puerto Rico
The portfolio consists of the 149-room Hyatt Place San Juan and the 126-room Hyatt House San Juan.
The portfolio consists of the 149-room Hyatt Place San Juan and the 126-room Hyatt House San Juan.
LionGrove announces today the purchase of the Wyndham Grand Rio Mar Puerto Rico Golf & Beach Resort in Rio Grande, Puerto Rico. The Resort will continue to be part of the Wyndham Hotels & Resorts family and will retain its current Wyndham Grand brand.
The total consideration for the acquisition was approximately $193 million ($1.8 million per key, inclusive of the residential units in the rental program).
Fundamental Advisors LP today announced that along with partners León, Mayer & Co., and Aimbridge Hospitality, it has acquired the iconic El San Juan Resort & Casino, a Hilton Hotel from an affiliate of Blackstone. Terms of the transaction were not disclosed.
The St. Regis Bahia Beach Resort, Puerto Rico is located in a master-planned community situated on 483 acres of pristine coconut palms 25 minutes away from San Juan's Luis Munoz Marin International Airport.