Browsing Tag
Puerto Rico
25 posts
Hilton expands Caribbean portfolio beyond 100 hotels as $77m San Juan development opens
Hilton Worldwide Holdings has surpassed 100 operating and planned hotels across the Caribbean, supported by a newly opened dual-brand development in Puerto Rico. The expansion strengthens its regional hospitality presence, although future growth depends on completing projects and delivering attractive returns for hotel owners.
TLC Jet and WIMCO target St. Barth’s last-mile luxury travel gap with a new private aviation partnership
TLC Jet has partnered with WIMCO St. Barth Properties to coordinate private aviation and luxury villa travel, including Pilatus PC-12 connections between San Juan and St. Barth, as luxury hospitality providers seek greater control over the complete guest experience.
New Fortress cut debt from $5.7bn to $700m. What did shareholders give up?
New Fortress Energy has completed a sweeping recapitalisation that cuts corporate debt from roughly $5.7 billion to about $700 million, separates its Brazilian operations and leaves creditors holding 65% of New NFE’s common equity.
Flotek secures 10-year Puerto Rico power role as $400m backlog tests PWRtek strategy
Flotek Industries expects up to $40 million in annual revenue from equipment and fuel-optimisation services supporting Puerto Rico’s 400MW temporary generation project. The award could materially expand recurring revenue, but Flotek’s 10% project scope and dependence on wider execution make the headline backlog conditional rather than assured.
Private jet bound for Texas crashes in Dominican Republic, killing two pilots
A jet meant to pick up Yadier Molina crashed first. Two United States pilots died as La Romana investigators probe a technical emergency.
Firstsource (NSE: FSL) acquires TeleMedik to scale clinical AI services across U.S. health plans
Firstsource acquires TeleMedik to expand AI-powered clinical services for U.S. payers. Find out how this move reshapes healthcare outsourcing strategy.
Is Polaris Renewable Energy setting up for a breakout? Inside its new CFO move and $13.5m financing
Polaris names a new CFO and closes a US$13.5M credit facility with CIBC and EDC — find out what this means for its growth and dividends.
Four Seasons Resort and Residences Puerto Rico opens reservations ahead of November 2025 debut
Four Seasons Resort Puerto Rico opens Nov 2025 with eco-luxury, cultural immersion, and world-class amenities. Discover what sets it apart today.
Hurricane Erin tracker: How the first major storm of the Atlantic season is shaping up
Hurricane Erin has exploded into a Category 4 storm—the first of the Atlantic season. Find out its latest path, maps, and potential U.S. impacts.
TotalEnergies completes AES Caribbean renewables acquisition and Portugal asset sale
TotalEnergies expands in the Caribbean via AES renewables deal and unlocks €178.5M by selling half its Portugal assets. Find out what this means for its strategy.