Coral Hotels & Resorts and Hilton Hotels Corporation announced that effective 31 October the Coral by Hilton brand would be dissolved after a three-year relationship. Hilton president Matthew Hart described the relationship as successful, and Simon Suarez, executive vice president of Coral Hotels said the de-branding was a mutually agreed and amicable decision. Coral by Hilton operated four all-inclusive hotels in the DR – Boca Chica, Juan Dolio, Bayahibe and Puerto Plata.
DR1 sources indicate the properties have been purchased by a sister company of the Spanish airline, Air Europa. The sale of the hotels is part of the divesting the new Dominican monetary rules require of finance conglomerates. The hotels were owned by an affiliate of the BHD bank.