Seeking to make Grenada “a world-class tourism destination,” Governor General Cecile La Grenade said her government would “continue to offer incentives to investors (local and foreign) who are interested in hotel and resort development, especially at five-star or higher quality.”

Punta Loros will require a $400 million investment and will consist of three hotels, 34 multifamily residential buildings, an 18-hole golf course, and plenty of luxury amenities to deliver a lifestyle reminiscent of upscale resorts in the Mediterranean and the Caribbean.

Hilton Worldwide put a name and a more defined opening date to its new boutique brand Wednesday, announcing Canopy by Hilton as its 12th brand at a meeting of owners and development representatives in Orlando.

The Caribbean-Mexico development pipeline is nearing 30,000 rooms, according to a new report from hotel analytics firm STR. There were 170 hotels and 29,572 rooms in the hotel development pipeline in the Caribbean and Mexico through September, according to STR.

Located just ten minutes from Madrid’s city center and historical sites, the 431-room, four star hotel offers an unmatched culinary experience in the Spanish capital, with four areas dedicated to haute cuisine, as well as pioneering tourism technology, thanks to the trail-blazing decision to turn the hotel into the first “Living Lab” in the industry.