HP Grand Reserve companies buy Río Grande's Hyatt Regency Grand Reserve resort for $163.3 million
Two HP Grand Reserve Investments companies bought the Hyatt Regency Grand Reserve Puerto Rico resort in Zarzal, Río Grande, in two deeds recorded on June 3, 2026, for a combined $163,262,953.
In deed 22, Hp Grand Reserve Investments 1 LLC bought the hotel property at 200 Beach Boulevard from Coco Hotel 1 LLC for $160,000,000. In deed 23, Hp Grand Reserve Investments 3 LLC bought the resort's vacation club property from Coco Condominium 1 LLC for $3,262,953.
The hotel
The hotel's single permit, approved on April 25, 2026 under the buyer's name, covers a 486-room hotel with pools, a spa and a gym. At $160,000,000, the hotel deed works out to $329,218 a room. The hotel property covers 177,054 m2 / 1,905,795 sq ft, and Coco Hotel 1 LLC bought it in a deed recorded on March 29, 2019, for $42,260,000.
The vacation club
The second property, 9,841 m2 / 105,926 sq ft, holds the vacation club's buildings 23 to 26. Their single permit for a tourist facility with parking was approved on March 9, 2026, and a second filing under Hp Grand Reserve Investments 3 LLC was approved on May 13, 2026. Its land and structures carry an assessed value of $709,736 in the property-tax records.
Most of both properties is zoned DTS, a district for selective tourism development. In March 2025, El Nuevo Día reported that Grand Reserve Puerto Rico was reviving the resort's decades-old master plan, with about $100 million to be invested in luxury residences.