Deal of the Year Awards Presented at CHRIS
Thursday May 9th, 2013 - 9:36AM L
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MIAMI—The Ritz-Carlton Reserve Dorado Beach was named Development of the Year 2012 at the Caribbean Hotel & Resort Investment Summit.
The award was presented during the conference, which was held at the JW Marriott Marquis Miami here earlier this week, The property opened this past December in San Juan, Puerto Rico, on the site of the original Laurence Rockefeller resort at the Dorado Beach Campus.
The Single Asset Transaction of the Year for 2012 also was awarded at the event. There was a tie between the Fairmont Hamilton Princess in Hamilton, Bermuda, and the Key West Luxury Village (former Veranda Resort & Residences) in Providenciales, Turks & Caicos Islands.
Tags: • Hospitality • Investment Conferences •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.