Starwood bets big on Puerto Rico

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4hoteliers.com
25/08/2010
 

Doubling its portfolio in Puerto Rico in just 12 months, Starwood prepares for the opening of St. Regis Bahia Beach - the first luxury project on the Island since 1997.

Starwood Hotels & Resorts Worldwide, Inc. is gearing up for the November opening of The St. Regis Bahia Beach, Puerto Rico, the island's first luxury project since 1997. Underscoring the recovery in luxury hospitality, the $172 million resort is nearly sold out for the December holidays. This month, Starwood President and CEO Frits van Paasschen met with Puerto Rico Governor Luis Fortuño, as well as owners and developers, to discuss future Starwood development in this key Caribbean market.

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