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Former La Concha Hotel To Be Converted To Marriott International's Renaissance Brand

22 February 2005

PUERTO RICO -- As reported by the Hotel News Resource: "The former 248-room La Concha Hotel on Condado Beach will become the Renaissance La Concha Hotel & Casino following an extensive restoration program under a franchise agreement with International Hospitality Associates, S. en C. por A. The renamed hotel is expected to open in Spring 2006.

"With the addition of the Renaissance La Concha Hotel Hotel & Casino, the Marriott International lodging brands portfolio in San Juan will grow to four brands representing properties in the luxury, deluxe and moderate tiers, giving travelers a wide choice in accommodations at varying price points and travel experiences. The portfolio will number 1,449 rooms.

"The hotel is located on a prime beachfront site on Ashford Avenue in the heart of San Juan's Condado District. Nearby are the Hato Rey financial district, Old San Juan and the new Puerto Rico Convention Center which is currently under construction. The International Airport is about a 20-minute drive away.

"...The Renaissance La Concha Hotel & Casino will have three restaurants, a health club/fitness center with a full view of the Condado Beach, a swimming pool, a casino and a retail arcade. Conference facilities will include 10,200-square feet of space in varying configurations..."

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