Capital is Available and South American Visitors Boosting Caribbean Tourism
The Caribbean/Mexico hotel development pipeline comprises 170 hotels totaling 29,572 rooms, according to the September 2014 STR Construction Pipeline Report. This represents a 23.5-percent increase in rooms Under Contract compared with September 2013 and a 31.0-percent increase in rooms In Construction.
The hotel group has managed the property under its original name, Royal Hicacos Resort, over the last 12 months while extensive renovations and upgrades have been carried out.
The Caribbean/Mexico hotel development pipeline comprises 167 hotels totaling 29,430 rooms, according to the October 2014 STR Construction Pipeline Report.
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