Aimbridge Hospitality expands Caribbean footprint

The Hyatt Regency Coco Beach in Puerto Rico reopened this month. Photo credit: Hyatt Hotels Corp.

Dallas-based hotel management company Aimbridge Hospitality has added six Caribbean resorts to its portfolio. 

The resorts include the Curaçao Marriott Beach Resort & Emerald Casino, set to reopen later this year following a renovation; the Grand Hyatt Grand Cayman Hotel & Residence, currently under construction with opening scheduled for fall 2021; the Margaritaville Beach Resort at The Pointe in Nassau, Bahamas, set to open in June 2020; the Hyatt Regency Coco Beach in Puerto Rico, which reopened this month; the Marriott Frenchman’s Reef in St. Thomas, set to open in spring 2020; the Autograph Collection Morning Star Marriott Beach Resort, adjacent to the Marriott Frenchman’s Reef in St. Thomas and due to open around the same time; and the Aimbridge-managed Renaissance St. Croix Carambola Resort & Spa, which is undergoing renovations and is set to open in the spring.

“The acquisition of these resorts is a great expansion for our Caribbean portfolio,” said Aimbridge Hospitality chairman/CEO Dave Johnson.“The devastation from the 2017 hurricanes has produced a tremendous opportunity as newly renovated and revamped assets look to relaunch and reposition back into the marketplace.”

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With the acquisition of these properties, Aimbridge Hospitality now represents nine resorts on eight Caribbean islands with immediate plans to continue expanding. The company is planning to add an additional 10-12 Caribbean resorts this year and next.

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