Curacao Business
The Curaçao Marriott Beach Resort entered its final phase of renovations, and with that comes the announcement of the appointment of their new General Manager. Seasoned hospitality executive, Craig Martin will assume the new position of General Manager under the new franchise agreement to lead the hotel to its grand re-opening scheduled for December 2019. Prior to joining Curaçao Marriott, Mr. Martin began his successful hotel career in 2009 at the Hard Rock Hotel in San Diego, and as of September 2018 was the General Manager of Hotel Le Méridien in San Francisco.
As the Curaçao Marriott renovations involved modernization and expansion, Mr. Martin effectively recruited a dynamic team of hospitality professionals in time for the re-opening.
The hotel was purchased last year by the company Piscamar Beach Resort. Piscamar is owned by Bastiaan Guis known from the Orco Bank in Curaçao, Bonaire, St. Maarten and the Aruba Bank in Aruba. The private equity company was established specifically for the acquisition of the Marriott complex with an investment of $21.5 million, and an additional investment of $34.5 million in external financing from a syndicate of banks led by Maduro & Curiel’s Bank.