CINEX announces the acquisition of the Plaza Hotel by Seaside G.M.
WILLEMSTAD – In their third bulletin, the Curaçao Investment & Export Promotion Agency (CINEX) announced that the Curaçao Plaza Hotel & Casinto, located in downtown Punda, has executed a purchase contract with Seaside G.M LTD for the acquisition of the hotel and casino.
According to CINEX this has been a year long journey, in which they as a government agency, has been instrumental in bringing all stakeholders together to achieve a favorable agreement for all parties involved.
CINEX also indicated that Seaside G.M LTD is not only interested in the acquisition of the hotel, but also, with the assistance of the government investment agency, to remain committed to expanding into other venues in Curaçao for years to come.
Seaside intends to enter a management agreement with a renowned three-star hotel chain to operate the hotel and casino, which is set for 2016.