CJ Invest, Hotels and Development, News, Projects

Bahamas’ Margaritaville Resort Project Relaunching Construction

By Joe Pike, Special Contributor

A spokesperson for the Nassau Paradise Island Promotion Board told Caribbean Journal Invest (CJI) on Thursday that the much-anticipated Margaritaville Beach Resort in Nassau, The Bahamas will resume construction on May 11 with plans to open in the summer.

The resort, like all Caribbean resorts under construction in March, had its building plans delayed by the ongoing coronavirus (COVID-19) pandemic.

It is the centerpiece of a major project in the heart of downtown Nassau called The Pointe. The project also includes a residential resort component called One Particular Harbour.

In fact, Margaritaville Beach Resort was just one of 133 hotel projects stalled in the Caribbean due to the coronavirus, according to stats provided by Frank Comito, CEO and director general of the Caribbean Hotel and Tourism Association (CHTA), back in April. 

Comito, who credited all statistics to STR, said about 15,000 hotel rooms were under construction and about 15,000 hotel rooms were in the early stages of development.

The Margaritaville Beach Resort will be located at The Pointe in Nassau. Located on seven acres, the 284-room resort will feature an open-air shopping concourse, a movie theater, a bowling alley, a cascading water pool, a spa and a private beach. 

Aside from the Bahamas, it appears as though other Caribbean islands are beginning their reopening plans. Turks and Caicos recently announced it has begun a phased reopening of the destination. The plan, which launched May 4, is headlined by the reopening of beaches — with strict social distancing in place.  

— CJI

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Jamaica Has Big Tourism Development Plans in Negril 

CJ Invest, News, Projects

  Jamaica has big tourism plans for Negril on the island’s northern coast.  Both Negril and the city of Lucea are pegged for major development, according to Jamaica Tourism Minister Edmund Bartlett.  This story is part of Caribbean Journal Invest, …

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Major Caribbean Hotel Investment Conference Coming to Miami

CJ Invest, Hotels and Development, News

  By Joe Pike. Special Contributor to CJI The Caribbean Hotel & Resort Investment Summit (CHRIS) is set to kick off its 14th annual event in Florida this May, bringing together an unrivaled collection of the region’s top hotel and …

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WorldHotels Eyes Caribbean Expansion

CJ Invest, CJI Conversations, Hotels and Development, News

  By Alexander Britell “The Caribbean is high on our list,” WorldHotels President Gregory Habeeb tells Caribbean Journal. And with a portfolio of independent hotels in 200 different destinations globally, the region is a natural fit for expansion for WorldHotels, …