Puerto Rican company Green Isle Inc., which owns and operates several small hotels in the Isla Verde area, has filed for Chapter 11 bankruptcy, listing nearly $8.1 million in debt.
The twin-island nation of St. Kitts & Nevis — one of the world’s smallest independent countries — will add some 1,000 upper-end hotel rooms to inventory during 2013, said Prime Minister Denzil Douglas.
Despite a U.S. State Department travel advisory warning Haiti-bound Americans about violent crime, infectious diseases and substandard medical facilities, several large tourism projects are proceeding as planned in the Western Hemisphere’s poorest country.