El Conquistador is not currently owned by Hilton. Up until 2019, the resort was part of Hilton’s portfolio and operated as a Waldorf-Astoria property. However, it was purchased by Puerto Rico-based Royal Blue Hospitality from Blackstone in that same year.
The ownership change occurred after the resort faced significant challenges following Hurricane Maria in 2017. The hurricane caused extensive damage to the property and led to its closure for more than three years. During this time, the resort underwent renovations and restoration efforts to bring it back to its former glory.
The decision to sell El Conquistador to Royal Blue Hospitality was likely driven by various factors, including the need for significant investments to repair and upgrade the property after the hurricane. Additionally, Hilton may have evaluated their portfolio and made strategic decisions regarding their ownership of specific properties.
It’s important to note that ownership of hotels and resorts can change over time due to various factors such as acquisitions, mergers, or strategic business decisions. In the case of El Conquistador, the resort transitioned from being a Hilton-owned property to being owned by Royal Blue Hospitality.
As an AI, I don’t have personal experiences or situations to share, but I can provide information based on available facts and knowledge. In this case, the change in ownership of El Conquistador from Hilton to Royal Blue Hospitality reflects the dynamic nature of the hospitality industry, where ownership and management arrangements can evolve over time.
To summarize, El Conquistador is no longer owned by Hilton. It was purchased by Royal Blue Hospitality in 2019 after being closed for over three years following Hurricane Maria.