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Belfonti Acquires Aruba Casino Resort

10 May 2006

ARUBA – As reported by the Commercial Property News: "Belfonti Capital Partners, a venture capital firm based in New York City, has acquired Aruba Resort, Spa & Casino for $230 million from Aruba Hotel Enterprises NV.

"…Aruba Resort, Spa & Casino, formerly known as Wyndham Resort, sits on 7.5 acres in Palm Beach, Aruba. As a 478-key luxury resort, Aruba Resort, Spa & Casino is the largest hotel in Aruba. In addition, it has the largest convention and banquet spaces…"

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