Puerto Rico's First Luxury Hyatt Property Is Set to Open Soon
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Earlier this month, Hyatt announced that the hotel chain would be opening the brand's first luxury property in Puerto Rico. According to a press release, beginning next month, The Resort at Coco Beach will become a Hyatt-affiliated property. Later, upon the completion of ongoing renovations and improvements, the beachside resort will become the Hyatt Regency Coco Beach Resort.
The Resort at Coco Beach is just one of many hotels and resorts set to open across Puerto Rico in the next few years. The US territory continues to rebuild following 2017's devastating hurricane that made direct landfall on the island. Today, hotel chains are pumping billions of dollars into new properties and renovations to existing hotels and resorts.
Details of The New Hyatt-affiliated Luxury Resort
Owned and operated by Coco Hotel 1 LLC, the property was known as the Melia Coco Beach prior to the extensive renovations. The formally independent luxury resort is located just over a half hour from San Juan-Luis Munoz Marin International Airport (SJU), the primary commercial airport serving the island.
The soon-to-be Hyatt-affiliated property features beachside accommodations including direct access to a private beach. When the resort is reopened as a Hyatt-affiliated property, the resort will feature 486 guest rooms including standard rooms, deluxe rooms, and higher-end suites.
Of the 486 guest rooms, 93 rooms will be upgraded suites featuring kitchenettes and in-room whirlpool tubs.
The Hyatt-affiliated Coco Beach resort will also include a club lounge and multiple restaurants serving "locally inspired" cuisine. Guest will also have access to a large outdoor pool.
The resort is situated on a 1,000-acre peninsula in the Coco Beach development. The Coco Beach development also includes a 36-hole golf course which has hosted numerous professional golf tournaments.
The upcoming Hyatt resort is currently in the midst of renovations and improvements. According to Caribbean Business, the renovations and improvements cost Hyatt an estimated $120 million. Additional hotels and resorts not affiliated with Hyatt are planned for the Coco Beach development. In total, the Coco Beach peninsula will see an estimated $1.5 billion in development, according to the report.
Booking The Resort at Coco Beach, a Hyatt-affiliated Property
For travelers looking to stay at Hyatt's first luxury resort in Puerto Rico, the hotel is already accepting reservations. Though Hyatt's official press release has the hotel opening next month, reservations are not available until mid-September.
The first night with availability is currently Sept. 15th. The nightly rate with taxes and fees for World of Hyatt members when booked directly through Hyatt's website starts at $230.70. Unusual for a hotel like The Resort at Coco Beach, the property does not appear to charge a resort fee.
For World of Hyatt members hoping to redeem points for a stay at The Resort at Coco Beach, award redemptions are not currently available. Hyatt has not specified a date by which the hotel chain will allow members to redeem points for The Resort at Coco Beach.
Related: World of Hyatt Credit Card
In an official press release, Camilo Bolaños, Hyatt's vice president of development and real estate in Latin America and the Caribbean said of The Resort at Coco Beach:
“The expansive redevelopment of this premiere beachfront property is a testament to the confidence among owners and developers in the destination of Puerto Rico and the Hyatt brand. We are pleased to continue our strong brand growth in the region, proudly supporting Puerto Rico’s upward tourism sector, which we believe has an even brighter future ahead.”
While this is Hyatt's first luxury and full-service property in Puerto Rico, it is not the brand's first hotel. Hyatt currently operates four other hotels including three Hyatt Place hotels and one Hyatt House hotel. There's also the Hyatt Residence Club Dorado, Hacienda del Mar, which is located about 30 miles west of San Juan.
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It's hard to find a card that competes with the mile-long list of benefits that come with the Amex Business Platinum. While it's certainly not the card for the average consumer, a business owner with tons of expenses -- especially related to travel -- will find this card incredibly valuable. This card is similar to the consumer version that Amex offers, but with more business-oriented perks around statement credits and earning rates that are a better fit for business owners.Pros
- An up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
- Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
- Gold status at Marriott and Hilton hotels (enrollment required)
- Access to the Fine Hotels & Resorts program and Hotel Collection
- Extended warranty protection
- International Airline Program and Cruise Privileges Program
Cons
- Steep annual fee
- Difficulty meeting $15,000 welcome offer for smaller businesses
- Limited high-bonus categories outside of travel
- The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.
- Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.
- $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership. CLEAR® is available at more than 50 U.S. airports and stadiums.
- The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
- $695 Annual Fee.
- Terms Apply.