Live & Life in Palmas New October Edition 2021

Wyndham Candelero acquired...becomes
Wyndham Palmas Beach & Golf Resort
A partnership co-owned and managed by LionGrove has acquired the
Wyndham Candelero Beach Resort from Palmas Hill Partners, LLC. The
property is being rebranded as the Wyndham Palmas Beach and Golf
Resort. An affiliate of LionGrove will manage the resort.
“We are very excited to now co-own and manage the Wyndham Palmas
Beach and Golf Resort and to offer our hotel guests with new and elevated
experiences, while serving as the perfect getaway for our guests
to enjoy the many offerings of our hotel and our luxurious Palmas del
Mar resort community”, said Andro Nodarse-León, Founder & CEO of LionGrove.
“We are thrilled to be a part of the Palmas del Mar community and we
look forward to building upon the recent renovation that Palmas Hills
completed to add new and unique experiences at the Wyndham Palmas
Beach and Golf Resort for the enjoyment of the residents of the Palmas
del Mar community and the many guests that visit us from within Puerto
Rico, the US and internationally”, expressed Mr. Chris Sariego, Managing
Director & COO of LionGrove.
Nestled alongside a picturesque golf course and a beautiful golden
sand beach, the Wyndham Palmas Beach and Golf Resort offers endless
possibilities for guests to enjoy over the course of a weekend or weeks
long stay. The resort community has two golf courses designed by PGA
4-time champion Gary Player and renowned architect Rees Jones; Puerto
Rico’s largest tennis complex, horseback riding adventures, Pterocarpus
forest, as well as, an expansive beach and a Yacht Club Marina. The
multiple food and beverage options offered on property include two
bars, a wine cellar room, a wonderful restaurant featuring a combination
of traditional Puerto Rican and International cuisine, as well as delicious
wood oven pizzas and a Coffee Shop featuring the delicious local coffees
from Gusto’s.
With nearly 18,000 sq. ft. of banquet space, Wyndham Palmas Beach
and Golf Resort, offers indoor and outdoor settings that will be the perfect
complement for all your business or social events. Thinking about
the business travelers; boardroom and new banquet facilities are the
perfect setting for any corporate event. The hotel will receive an immediate
infusion of capital in order to augment the recently completed
enhancements at the hotel and, with that, further elevate guest experiences.
“As part of our management of the hotel, we are committed to
having a highly guest-centric culture and expanding employee benefits
and training, while being a great citizen within the Palmas del Mar
community, implementing multiple green initiatives and serving as a
cultural and social gathering point for all” concluded Mr. Samuel Hugli,
Vice President of Operations.
The Wyndham Palmas Beach and Golf Resort brings an economic impact
in the area, generating about 140 direct and indirect jobs. The hotel
is located in the heart of Palmas de Mar in Humacao, less than an hour
away from San Juan.
About LionGrove...
LionGrove is a leading hospitality investment firm whose professionals
have over 150 years of combined investment, financing
and operational experience forged at some of the most prestigious
private equity, investment banking and hotel companies
in the world. The LionGrove team brings together the tenacious
investment focus of seasoned Wall Street professionals with the
eye for creating great environments and the passion for service of
world-leading hoteliers. LionGrove seeks to acquire and add value
to hotels ranging from midscale to luxury and from limited service
to full service located in fundamentally strong markets in the United
States. Affiliates of LionGrove co-own and asset manage the
Fairmont El San Juan Hotel and co-own, asset manage and manage
the Wyndham Palmas Beach and Golf Resort. LionGrove and
its affiliates have offices in Miami, Florida and San Juan, Puerto
Rico.