prisa group
JRK Property Holdings Acquires Hyatt Branded Hotel Portfolio in San Juan, Puerto Rico From PRISA Group
JRK Property Holdings | January 12, 2024
Los Angeles, CA (January 12, 2024) – JRK Property Holdings, through its $350 million hospitality fund, has acquired a two-property, 275-key Hyatt-branded hotel portfolio in San Juan, Puerto Rico from the PRISA Group for an undisclosed price. The portfolio comprises two premium select-service hotels located within the Puerto Rico Convention District: the 149-room Hyatt Place San Juan and 126-room Hyatt House San Juan. Developed by the seller within the past eight years, both properties have been recently renovated including lobby refresh, updated F&B outlets, and guestroom and corridor improvements. Both properties were designed t...
Aloft San Juan Arrives in Puerto Rico Marking Brand First in the Caribbean
Aloft Hotels | February 12, 2020
Aloft Hotels, Marriott International’s innovation incubator brand for global travelers, today announced the opening of Aloft San Juan, the first Aloft hotel in the Caribbean. By mixing art, technology, and music, Aloft San Juan introduces a new social scene with a fresh approach that differentiates itself from the traditional hotel offering. Aloft San Juan arrives in Puerto Rico as part of the expansion and growth of PRISA Group with Caribe Hospitality and managed by Marriott International. With 177 rooms, this vibrant new boutique hotel features a loft-inspired design that redefines modern travel. The property invites guests to experien...
PRISA Group Set to Open Dual-Branded Residence Inn and SpringHill Suites Hotels in Orlando, Florida
Residence Inn by Marriott | April 3, 2018
Orlando, FL – April 3, 2018 – Marriott International, Inc. today announced that a combined 120-suite Residence Inn and 134-suite SpringHill Suites in Orlando, Florida will open this Wednesday, April 4, 2018. Located at 5403 Millenia Lakes Boulevard, the Residence Inn Orlando at Millenia and SpringHill Suites Orlando at Millenia hotels are owned by the PRISA Group and managed by Marriott International, Inc. Situated under one roof, the combination of these two powerful Marriott brands in Orlando allows guests to take advantage of a variety of room types, amenities and services at one location while providing common social spa...
PRISA Group and Peachtree Hotel Group Open New 175-Room AC Hotel by Marriott Tampa/Airport – Westshore
PRISA Group | March 20, 2018
TAMPA BAY, Fla., March 20, 2018 — Officials of the PRISA Group, a family-owned developer, builder and owner of hospitality, resort and entertainment projects in Puerto Rico and Florida, together with its capital partners Peachtree Hotel Group and Argosy Real Estate Partners, today announced the grand opening of the newly constructed, 175-room AC Hotel by Marriott Tampa/Airport – Westshore. PRISA developed the hotel, with Peachtree and Argosy acting as additional equity investors in the project. Marriott Corporation will operate the hotel. The construction was conducted by a partnership between PRISA Group and Orlando-based W...
Aloft Brand Set to Debut in Caribbean with 2019 Opening of Aloft San Juan as Part of The District San Juan Entertainment Complex
Aloft Hotels | August 24, 2017
San Juan, PR – (August 24, 2017) – PRISA Group, the developers of The District San Juan, Puerto Rico's premier entertainment destination, today unveiled the flag for its lifestyle-focused hotel at the Convention Center District in Miramar. Federico Stubbe, Jr., CEO of PRISA Group, announced that Aloft Hotels will make its Caribbean debut as part of the new $125 million-dollar entertainment project, injecting the local scene with a new sense of style, innovation, and energy. According to Stubbe, "Aloft Hotels is the perfect match for The District. Its modern, cutting-edge design and vibrant social atmosphere cater to a new ge...
PRISA Group – McVC and Peachtree Hotel Group Join Forces to Develop Three Florida Hotels
PRISA Group - McVC | September 12, 2016
ORLANDO, Fl., September 12, 2016 — Officials of the PRISA Group, a family-owned developer, builder and owner of green residential communities, hospitality and resort projects in Puerto Rico and Florida, and Peachtree Hotel Group, one of the nation's fastest growing hotel investment and management platforms, today announced that their newly instituted partnership broke ground on development of three, select-service hotels in Florida: the dual-brand SpringHill Suites by Marriott Orlando/ Mall at Millenia and Residence Inn by Marriot Orlando/ Mall at Millenia, with 120 and 134 suites, respectively, and AC Hotel by Marriott Tampa/A...
PRISA Group and McConnell Valdés Consulting Open New Hyatt Place Hotel in the Heart of San Juan, Puerto Rico
Hyatt Place | February 23, 2016
CHICAGO (February 23, 2016) – Hyatt Hotels Corporation (NYSE: H), PRISA Group and McConnell Valdés Consulting, Inc. announce the opening of Puerto Rico's fourth Hyatt-branded select service hotel, the $29 million Hyatt Place San Juan/City Center in the capital city of San Juan. Hyatt Place San Juan/City Center is ideally situated in the metropolitan area, just steps from the Puerto Rico Convention Center and minutes away from the international airport and all major attractions. The 149-room Hyatt Place San Juan/City Center was developed as a joint venture between affiliates of Hyatt, PRISA Group and McConnell Valdés ...
