Well it appears the foundation of this story is true.

They are now answering the phone as Grand Lido, plan on keeping the cove C/O, and adding 200 rooms.

I am hard pressed to imagine where they are going to find room for 400 more people on their beaches. Occasionally the cove would be near capacity under the old construct, it would be tight with another 20 people (5% of expansion).

The other facilities (restaurants, pools, gym, etc) will also probably be stressed with the additional rooms/guests.

Promises to be interesting...