Rosim Development, representing a local group, will invest a total of US$ 33 million in the existing Coconut Inn, by expanding the Bed and Breakfast from 40 rooms with 160 rooms, additional.
Project scheduled to be completed in 2008. www.CoconutInn.com
Coconut Inn is located in the heart of Noord in close proximity to Palm Beach. The picture depicts Prime Minister of Aruba, Hon. Mr. N. Oduber, Mr. A. Rojer and Mr. W. Croes from Rosim Development.
RIU Palace Aruba, a Spanish based RIU Hotels and Resorts, is scheduled to open on July 20, 2007.
RIU Palace Aruba has an investment of US$ 120 million for a total of 450 guest rooms, specialized in the all-inclusive market.
RIU Palace Aruba is located on Palm Beach.