Occidental finalizes purchase of Allegro Resorts
Occidental Hoteles finalized the purchase of Allegro Resorts. The Spanish hotel chain reportedly paid US$455.2 million for the 22 hotels (6,300 rooms) that Allegro operates in 10 countries. Occidental is now the largest hotel operator in the Caribbean. The company has worldwide 85 hotels, 20,390 rooms in 54 destinations in Europe, America and Africa. In …