Hyatt Hotels Corporation (H) recently announced that a Hyatt affiliate inked a management agreement with an affiliate of Island Hospitality Partners, LLC to unveil Hyatt Place Manatí, Puerto Rico in early 2014. This is not the first time Hyatt is collaborating with Island Hospitality. In March of this year, Hyatt ventured with Island Hospitality to unveil Hyatt Place Bayamón and El Tropical Casino. The property, slated to open in 2014, had marked the come back of Hyatt-branded hotels in Puerto Rico after a nine-year hiatus. The new property will feature 104 luxurious guest rooms as well as an 11,500 square feet casino along with various other amenities. The hotel, located near San Juan, is easily accessible by guests. Further, the location is home to several leading multinational corporations and pharmaceutical
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