The Hyatt Regency Grand Reserve Puerto Rico opened on the island's northeast coast on a 1,000-acre peninsula near El Yunque National Forest.
The 579-room property, the former Gran Melia Hotel, was acquired in 2019 by Monarch Alternative Capital in partnership with Royal Palm Companies and an affiliate of Aimbridge Hospitality.
The property was relaunched as the Resort at Coco Beach, a Hyatt affiliate, last August, and it recently completed a multimillion-dollar renovation project and is the first entity of Royal Palm's development plans for the 946-acre peninsula, which will be renamed Grand Reserve.
The resort says it is the closest full-service luxury resort to the San Juan airport and offers convenient access to Old San Juan, El Morro Castle and the bioluminescent bay at Fajardo.
Facilities include five restaurants and bars, a large lagoon-style pool, the 12,000-square-foot Rainforest Spa, fitness center, basketball court and two golf courses.