The Caribbean’s Top Hotel Transactions

By: - May 12th, 2016

By Guy Britton

What were the top hotel deals of the past year?

The recently-concluded Caribbean Hotel and Resort and Investment Summit had the answers, announcing awards for several high-profile transactions and developments this week in Miami.

The CHRIS Development of the Year Award went to the Marriott Port-au-Prince in Haiti, a 175-key, $45 million development.

The Single Asset Transaction of the Year Award went to the Hilton Aruba Caribbean Resort & Casino, the former Radisson Resort which was sold to Aruba Growth Fund JV Goldman Sachs by affiliated entities of Carlson Hotels Real Estate Inc. for an undisclosed amount, and brokered by Eastdil Secured.

Liam Day of BCQS International chaired the award committee, with Kent Schwarz of Colliers Interantional Hotels chairing the Single Asset Transaction of the Year award committee.

The committees were comprised of hotel industry leaders who selected, reviewed, and nominated deals, with CHRIS delegates making the final votes.

News

The Art of Caribbean Design

By Stephanie Tyler CJ Contributor When people envision the Caribbean, they think of nature at its best—sparkling waters, white sand beaches, lush tropical forests, and sunny weather for days. Whether venturing off to a resort suite or luxurious vacation home, vacationers flock toward fresh, radiant spaces that allow the main attraction—nature—to take center stage. Over […]

News

In Grenada, A Festival of Chocolate

By Dana Niland CJ Contributor Grenada Chocolate Fest is back for a third year of celebrating the island’s organic and ethically produced dark chocolate and cocoa products. This year’s activities, which are themed around “Creating Generation Cocoa,” will take place across Grenada from May 13-22. These include a “Be a Farmer for a Day” cocoa […]

News

VIDEO: A Backflip Artist at The Cliff in Negril

If you’ve ever watched the cliff divers at Rick’s Café in Negril, Jamaica, you’ve no doubt been awed by their fearless feats and wondered about the secret of their prowess. Shavon Drummond, a lifeguard and pool attendant at The Cliff, a charming new enclave on Negril’s West End, has the answer: “It’s all about height, […]

How to Make a Soursop Martini

 By Sarah Greaves-Gabbadon CJ Travel Editor A martini is just a martini. Unless it’s made with the delectable Jamaican fruit, soursop. And then it’s heaven on earth. Find out for yourself at The Cliff, a five-month-old resort in Negril, where bartender Ryan “RayRay” Hammond will whip you up the fruity libation faster than you can […]

Five Caribbean Accommodations to Visit Right Now

 By Alexander Britell There are so many different kinds of Caribbean hotels, depending on the time of year, the kind of trip, the budget and the needs of the traveler. But ultimately what we’re always looking for is a hotel with personality, a hotel with a soul. Our latest look at hotels gives you five […]

An Extraordinary Restaurant in Negril, Jamaica

 By Sarah Greaves-Gabbadon CJ Travel Editor A martini is just a martini. Unless it’s made with the delectable Jamaican fruit, soursop. And then it’s heaven on earth. Find out for yourself at The Cliff, a five-month-old resort in Negril, where bartender Ryan “RayRay” Hammond will whip you up the fruity libation faster than you can […]

Hilton’s Newest Caribbean Hotel

 Hilton Worldwide has added another new property in the Caribbean. The company has announced the signing of the Indura Beach & Golf Resort in Honduras to its Curio — A Collection By Hilton portfolio. The 60-suite beach and golf resort is Curio’s first property in Honduras and its first in the Western Caribbean. The hotel […]