Top Bahamian Resort Sold

By: - August 6th, 2015

The Cove, Eleuthera changes hands

By Dana Niland
CJ Contributor

One of the Bahamas’ leading resorts has been sold.

The Cove, a beachfront property on the island of Eleuthera, recently was acquired by the Enchantment Group.

“Eleuthera offers the appeal of a somewhat under-the-radar island with a magnificent shoreline, peaceful beaches, and crystal-clear water,” said Marcos Casillas, vice president of Enchantment Group.  “The Cove captures the essence of an idyllic island getaway in a place of stunning natural beauty. It is a great fit for our company’s growth and investment strategy.”

The property was acquired from New Orleans-based businessman Sidney Torres and IV Capital.

“After 10 months of construction and two years of operation, the opportunity to partner with Enchantment Group was a perfect fit,” said Torres, who will continue to develop property on the island while handing over ownership of The Cove resort to the team at Enchantment Group.

Enchantment Group manages a host of top properties in Arizona and Virginia, most notably the Enchantment Resort in Sedona.

News

The Caribbean's First Airplane Pizza Delivery Service

Pizza by air By the Caribbean Journal staff It’s the Caribbean’s most unique delivery service. Caribbean carrier WINAIR has launched what it almost certainly the Caribbean’s first-ever airplane pizza delivery. The company has partnered with Domino’s to deliver pizza to residents on the islands of both Saba and St Eustatius. Pizza seekers can call Domino’s […]

News

The Best Caribbean Beaches for Weddings

It’s one of the great Caribbean fantasies — getting married on a Caribbean beach. But it’s much easier than you think. But when you think about planning a Caribbean beach wedding, why not start with the beach itself? We have you covered with 10 of our favorite strands of sand perfect for the wedding of your […]

News

Caribbean Home: How You Can Own a Piece of Goldeneye

Own a piece of the birthplace of Bond By the Caribbean Journal staff James Bond was born in the Caribbean, in the mind of creator Ian Fleming, who owned a villa called Goldeneye in Jamaica. Today, of course, the villa is a top resort operated by Island Outposts. But the property is now launching a […]

Troon to Manage Aruba Golf Course

 A new manager for Tierra del Sol By the Caribbean Journal staff Aruba’s Tierra del Sol Resort and Golf has tapped global golf giant Troon to manage its golf operations, the company announced. Troon has announced the return of Oliver Riding as director of golf operations at the property as part of the change. “Troon […]

American Airlines Launching Charlotte-Curacao Flights

 New service to the Dutch Caribbean By the Caribbean Journal staff American Airlines is launching weekly service from Charlotte to Curacao. The flights will run every Saturday, complementing existing service from Charlotte on Insel Air. The new AA service will launch Dec. 19, 2015, according to a release. American already operates flights from Miami to […]

Jamaica Has Big Plans for Animation Industry

 A new manager for Tierra del Sol By the Caribbean Journal staff Aruba’s Tierra del Sol Resort and Golf has tapped global golf giant Troon to manage its golf operations, the company announced. Troon has announced the return of Oliver Riding as director of golf operations at the property as part of the change. “Troon […]

New Luxury Hotel Coming to Puerto Rico

 A New luxury brand on the island By Dana Niland CJ Contributor Costa Rican luxury hotel company Nayara has launched construction on its newest location in Puerto Rico’s Toro Verde mountain country. The Tourism Company of Puerto Rico (PRTC) is estimating that it will directly lead to the creation of 100  jobs during the construction and […]