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Hotels and Development

How to Build a Hotel in the Caribbean

Hotels

I Stayed at the Best Luxury Resort in the Dominican Republic, With 3 Golf Courses, an 18,000-Square-Foot Spa, and a Cliffside Mediterranean Village

I was halfway down a stone lane in Altos de Chavón when I remembered that I was technically at a beach resort. A woman was opening the doors to a small gallery. Bougainvillea hung over the walls above the plaza. Beyond the village, the Chavón River wound through the countryside toward the Caribbean Sea. There […]

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St Regis Residential Resort Set to Make Debut in Bermuda

The first-ever St Regis in Bermuda is set to open its doors in May, Caribbean Journal Invest has learned. The new residential resort by Hotelco Bermuda is planning May 2021 opening, according to parent company Marriott International. Set above St Catherine’s Beach in the St George’s area, the property includes two pools, a spa called […]

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Watch the Caribbean Hotel Outlook 2021 Conference

Caribbean Journal Invest held the Caribbean Hotel Outlook 2021 conference this week, a high-level gathering of some of the Caribbean’s leading executives held exclusively for CJI members. The panel included Adam Stewart, Executive Chairman of Sandals Resorts International; Rico Louw, Senior Client Account Manager at STR; USVI Tourism Commissioner Joseph Boschulte; CBRE Hotels SVP Paul […]

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A New Hotel Boom in Dominica

By Joe Pike, Special Contributor Roosevelt Skerrit, prime minister of Dominica, recently announced that the island will be boosting its local economy through $950 million worth of hotel projects. And Caribbean Journal Invest (CJI) was able to get some crucial details involving those hotel developments. A spokesperson for Dominica tourism told CJI that the most […]

Watch the Caribbean Hotel Outlook 2021 Conference

By Alexander Britell It’s the hottest and newest private-island development in the Caribbean: Montage Cay, the first-ever Caribbean project for Montage International. Set on Matt Lowe’s Cay in Abaco, it’s at the forefront of the region’s design movements: low-density, private-island, secluded, capitalizing on the surging demand for private destinations in the market. To learn more, […]

Namron Expands With Fourth Boutique Hotel in Tulum

Namron Hospitality Group has added its fourth boutique hotel in the Mexican Caribbean, Caribbean Journal Invest has learned. The company has added Radhoo Tulum to its portfolio. The 14-room, adults-only resort is set in the heart of Tulum’s Hotel Zone. “We are pleased to introduce a new Tulum property to guests and to continue sharing […]

$61 Million Refinancing for Ritz-Carlton Reserve in Puerto Rico

Knighthead Funding has provided a $61 million first mortgage loan secured by Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico. The loan was underwritten to about 46 percent loan to value, according to Knighthead. The property is the only Ritz-Carlton Reserve in the Caribbean. “Despite displacement and impact from external factors, the hotel has been […]

The Bahamas' Fountain Bay Resort Is For Sale

The Bahamas’ Fountain Bay beach resort is on the market, Caribbean Journal Invest has learned. The Cat Island property is now listed for $11.49 million with Bahamian real estate firm CA Christie. That’s a reduction form an earlier listing of 14 million. The property includes 28 acres of real estate in the New Bight area […]

Caribbean Hotel Outlook Conference Set for March 30

The Caribbean Hotel Outlook virtual conference is free for Caribbean Journal Invest subscribers. To register for the conference, click here. If you’re not a CJI subscriber, click here. A major new virtual conference will look at what’s ahead for the Caribbean hotel industry in 2021. Caribbean Journal Invest’s Caribbean Hotel Outlook will run on March […]

The Baha Mar Just Launched Real Estate Sales

The Baha Mar resort in The Bahamas has entered the real estate world, Caribbean Journal Invest has learned. The three-resort destination on Cable Beach in Nassau has launched the Baha Mar Residences, a residential component that will include units by both Rosewood Hotels and Resorts and SLS Hotels. The offering ranges from one to six-bedroom […]

Playa Is Adding Another Resort in the Caribbean

By Alexander Britell Playa Hotels and Resorts is adding another new Caribbean resort, Caribbean Journal has learned. The company will manage the former Live Aqua Playa del Carmen as a new hotel called The Yucatan Resort Playa del Carmen, Tapestry Collection by Hilton. The expansion is the product of Playa’s strategic alliance with Hilton, one […]

New $2 Billion Resort Project Launches in the Caribbean

By Joe Pike, Special Contributor to CJI A new resort project in Grenada, which represents a roughly $2 billion hotel investment, has launched construction, Caribbean Journal Invest has learned. In a recent interview with Cathyann Alexander-Pierre, senior specialist for the Grenada Investment Development Corporation, CJI was told that the main hotel highlight of what’s for […]