Fairmont Barbados Resort Sold

By: - September 26th, 2014

Above: the Fairmont Royal Pavilion Barbados Resort

By Alexander Britell

The Fairmont Royal Pavilion Barbados Resort has been sold, global real estate brokerage CBRE Hotels announced.

The 72-room hotel had recently undergone an extensive renovation programme. It is located on a 17-acre site.

London & Regional purchased the property from owner Ivanhoe Cambridge, with CBRE representing the seller.

“This property includes a 2.78-acre beachfront lot that is ripe for development,” said CBRE’s Christian Charre. “In addition, the Fairmont branding offers strong distribution channels and guests’ loyalty. Assets of this quality, prestige and reputation rarely come to market, and the property’s high underlying real estate value is supported by a robust residential market.”

The property is located in St James on Barbados’ Platinum Coast.

Charre, who is based in Miami, and London-based Owen-Pritchard represented the seller.

Terms of the deal were not disclosed.

The Fairmont is among CJ’s top-ranked Barbados hotels.

Barbados

British Airways Planning Expansion of Service to Antigua

Above: a British Airways plane By the Caribbean Journal staff British Airways will be ramping up service to Antigua in the summer of 2015, Antigua and Barbuda Tourism Minister Asot Michael announced this week. The expansion will include an additional daily flight, increasing service from six to seven each day from London. The news was […]

Barbados

10 Gourmet Caribbean Beach Bars

A rum punch and a magret de canard? Yes, you can find them together in the Caribbean. Sure, there are great beach bars all across the Caribbean. But at certain sandy outposts in the Caribbean, you can find something more: legitimate gourmet cuisine. We call them gourmet beach bars, and here are 10 of our […]

Barbados

The Bahamian Bronx Bomber

Above: Antoan Richardson By the Caribbean Journal staff Nassau, Bahamas-born outfielder Antoan Richardson is back in Major League Baseball, and this time for the league’s preeminent franchise: the New York Yankees, aka the Bronx Bombers. Richardson made news when he was first called up by the Atlanta Braves in 2011, as the sixth-ever Bahamian to […]

Island Shop: The Caribbean's Most Expensive Panama Hat

Above: the Caribbean’s most expensive Panama hat at Olé (All photos by CJ) By Sarah Greaves-Gabbadon CJ Travel Editor Would you pay $3,000 for this Panama hat (above)? Chances are someone will. After all, the most expensive hat ever sold by Olé, the milliner, craft and souvenir store here in Old San Juan, Puerto Rico, had […]

Sustainable Tourism Conference Begins in St Eustatius

Above: St Eustatius (CJ Photo) By Alexander Britell ST EUSTATIUS — Particularly for small islands, tourism development needs to begin in the community. That’s the overarching theme of the third annual Statia Sustainable Conference & Exhibition, which began on Thursday here in Oranjestad on the Dutch Caribbean island. This year’s conference, which covers “tourism and […]

L'Occitane's New Caribbean Spa

Above: the Caribbean’s most expensive Panama hat at Olé (All photos by CJ) By Sarah Greaves-Gabbadon CJ Travel Editor Would you pay $3,000 for this Panama hat (above)? Chances are someone will. After all, the most expensive hat ever sold by Olé, the milliner, craft and souvenir store here in Old San Juan, Puerto Rico, had […]

10 Secret Caribbean Hotels

 By Sarah Greaves-Gabbadon CJ Travel Editor Some Caribbean hotels get all the love, making headlines for their swanky suites, spectacular views and over-the-top amenities. But island insiders know that there are many equally amazing properties that don’t make it to the pages of your favorite travel mag. Perhaps they’re in less-traveled Caribbean destinations. Maybe their […]

SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You