Situated in Rio Grande, the new Hyatt Regency Grand Reserve Puerto Rico opened, following a multimillion transformation of the property.

The 579-room resort is on 72 acres on the island’s northeast coast near the famed El Yunque National Forest.

“We are thrilled to announce the opening of Hyatt Regency Grand Reserve Puerto Rico, which promises empathetic service that anticipates the needs of our global guests,” said George Vizer, senior vice president, Americas franchise operations, Hyatt. “With this new addition, Hyatt continues its strong brand growth in the region and introduces the Hyatt Regency brand to Puerto Rico.”

Formerly known as the Gran Meliá Hotel, and relaunched as The Resort at Coco Beach, a Hyatt affiliate, Hyatt Regency Grand Reserve Puerto Rico was acquired in 2019 by Monarch Alternative Capital in partnership with Royal Palm Companies and an affiliate of Aimbridge Hospitality, LLC.

The resort then underwent an extensive multimillion-dollar renovation and is the first entity of RPC Holding’s development plans for the 946-acre peninsula, set to be renamed as Grand Reserve.

“We are excited with the opening of this important hotel for Puerto Rico under the Hyatt Regency brand,” said Carla Campos, executive director of the Puerto Rico Tourism Company.

“Tourism development is a key driver of economic growth and a priority for the Government of Puerto Rico. The Island offers highly competitive incentive packages and benefits, which makes us an ideal destination for investors, developers, and hotel management leaders such as Aimbridge Hospitality. We’re looking forward to all that is to come for the future of Hyatt Regency Grand Reserve Puerto Rico.”

Tucked away in the pristine tropical paradise of the northeast coast of the island, Hyatt Regency Grand Reserve Puerto Rico is the closest full-service luxury resort from the San Juan International Airport.

The oceanfront oasis also offers convenient access to nearby attractions such as Old San Juan, El Morro Castle, and Bio Bay Fajardo.

The property offers 31,200 square feet of meeting and event space with the ability to accommodate up to 800 guests in a ballroom with vaulted ceilings and a video mapping wall.

The ballrooms in the conference center, including the nearly 12,000-square-foot PR Ballroom, each feature multiple breakout rooms for groups of 30 to 200 guests.

The new Hyatt Regency Grand Reserve Puerto Rico joins four select-service Hyatt hotels open in Puerto Rico: Hyatt House San Juan, Hyatt Place Manati, Hyatt Place San Juan Bayamon and Hyatt Place San Juan City Center.

This information is based off a press release from Hyatt Regency Grand Reserve Puerto Rico.