Indianapolis based Caribbean Cove Hotel & Water Park Sold

Sept. 14, 2011 - PRLog -- The sale of Caribbean Cove Hotel & Water Park is effective September 14, 2011. With the sale completed, the new ownership group is now considering options with respect to re-branding and renovating the property.

“We are pleased with the outcome of the sale for the benefit of the associates,” said Jim Dora, Jr., General Hotels Corporation President and Chief Executive Officer.  The 266 hotel employees are expected to continue working for the new owners of Caribbean Cove Hotel & Water Park.

The hotel originally opened as Holiday Inn North at the Pyramids.  Having recently changed its name to Caribbean Cove Hotel & Water Park, the property features 344-guest rooms, over 16,000 square feet of meeting and event space, two restaurants and an indoor recreation center along with an attached 50,000 square foot indoor water park. More information on Caribbean Cove Hotel & Water Park is available by visiting www.CaribbeanCoveWaterPark.com.

General Hotels Corporation operates 12 hotels representing 1819 hotel rooms throughout Indiana. In Indianapolis these properties include Crowne Plaza at Historic Union Station, Crowne Plaza Indianapolis Airport, Homewood Suites by Hilton-Keystone at the Crossing, Staybridge Suites Fishers and Holiday Inn Express South. Throughout Indiana, General Hotels Corporation operates Homewood Suites by Hilton and Hampton Inn in Lafayette, Courtyard by Marriott in Kokomo, Holiday Inn and SpringHill Suites by Marriott in Terre Haute, Hampton Inn in Scottsburg and Holiday Inn in Columbus. Visit GenHotels.com for more information.

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General Hotels Corporation provides a full range of progressive hotel management services for full, select service and extended stay hotels.