PHILADELPHIA, PA—With the US government's recent moves to relax tensions with Cuba, the entire Caribbean region is getting new attention as investment opportunities for commercial real estate development expand, particularly in the hospitality sector, according to Alejandro (Alex) Zozaya, chief executive officer of Apple Leisure Group, holding company for a number of vertically integrated hospitality companies.
Apple Leisure Group, through AMResorts, operates 37 resorts with over 13,960 rooms in 15 beach destinations across the Caribbean, Mexico, the Dominican Republic, Costa Rica and Panama.
In an exclusive interview with GlobeSt.com, Zozaya says through the first half of 2014, more than $84 billion was invested in the region, and more can be expected this year.
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