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Local Partners Take Over Operations of Nikki Beach Playa Blanca

MIAMI Feb. 10, 2011 $40 million Panama Miami

Panama December 2006 Panama May 2007

Maru Galvez

Nikki Beach has experienced other problems in its international expansion. In 2008, a Nikki Beach hotel in Turks and Caicos declared bankruptcy. Ten other Nikki Beach projects in the region, including a hotel in Roatan, failed to materialize.

December 2011 October 2010

Juan J. Rodriguez

Panama City Panama Miami Boca Raton Washington DC

SOURCE Carey Rodriguez Greenberg & Paul LLP

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