Located in the heart of the city’s financial district, Aloft Asuncion marks the first Aloft hotel in Paraguay and the sixth in Latin America.

Elegant Hotels Group is adding to its portfolio of properties on the island of Barbados with the acquisition of Waves Hotel & Spa for $18 million. The Waves is a 4-star all-inclusive resort.

The Deep Water Cay resort community in the Bahamas is planning a major expansion, the country’s government announced this week. Deep Water Cay is off the eastern end of Grand Bahama.

International Design Concepts is expanding its reach in the Caribbean, with several new projects in the works.

The Divi Flamingo Beach Resort and Casino has a new look.

The former 19th century Palace - which is right in the heart of city’s historical quarter – has been brilliantly transformed into a 146-room, five star hotel.