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USVI hotel reopens as Marriott with $15M govt aid

USVI hotel reopens as Marriott with $15M govt aid

A U.S. Virgin Islands hotel that struggled after Hurricane Hugo in 1989 and eventually shut its doors is back in business with the help of $15 million from the government.
The Marriott Renaissance Carambola Beach Resort and Spa in St. Croix expects to employ 130 workers.
Gov. John de Jongh says about 40 percent of the resort is still under construction.
De Jongh says the government grant financed construction and erased an outstanding debt from the hotel's previous owner.
The resort opened Thursday.
The global financial crisis has forced the closure of several luxury resorts across the Caribbean in recent years.