Cayo largo a done deal.The Cayo Ca´yo n. 1. A small island or ledge of rock in the water; a key. Largo Largo, town (1990 pop. 65,674), Pinellas co., W Fla., on the Pinellas peninsula and the Gulf Coast, across the bay from Tampa; settled 1853, inc. 1905. It is a packing, canning, and shipping center in a citrus fruit and fishing area. Hotel & Resort saga is officially over. It's a done deal, reports Caribbean Business (June 14, 2007). Effective May 30, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. and Flagship Services took over the project that has been on hold, caught up in a tangle of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. since Jan. 2003. The opening of the hotel and resort project, which is 90% complete, has been one of the primary objectives of the administration's tourism development strategy for Puerto Rico's eastern region. InterContinental in·ter·con·ti·nen·tal adj. 1. Extending or taking place between or among continents: intercontinental exploration; intercontinental cooperation. 2. Hotels is back as the operator of the hotel and resort, now scheduled to open in 2009. Insiders estimate an investment of some US$18 million to US$25 million will be required before this happens. The project began in 1999 but, by 2002, it was not only behind schedule but facing overruns in the millions of dollars. Originally, the US$118 million hotel and resort consisting of 314 rooms, a convention center and an 18-hole golf course was going to be operated by InterContinental Hotels. |
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