InterContinental Hotels Group recently announced the opening of its second property in Cabo San Lucas – the Holiday Inn Express® Cabo San Lucas hotel, a beautiful property with 94 rooms.

This is the fourth deal closed by the leading hospitality company in 2014, which has grown 20 percent in the past year. The contract also brings AMResorts’ award-winning brand, Dreams® Resorts & Spas, to St. Thomas for the first time.

Cuba’s government said Friday that an estimated $350 million hotel and tourism project was coming to the island. The five-star project is called the Carbonera Club, and it would be located near the island’s famous Varadero Beach.

The latest venture is the relaunch of its family vacation brand of Sol Hotels & Resorts, of which there are currently 70, with the creation of innovative concepts that aim to reinvent the traditional “sun and beach” experience, enhancing the customer value proposition.