CJ Invest Index

Grenada’s Mount Cinnamon Resort Sold 

  Grenada’s Mount Cinnamon resort has been sold.  Investor Barry Collymore has acquired total ownership of the boutique resort from longtime owner Peter de Savary.  This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate …

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Grand Bahama’s Grand Lucayan Resort Sale “Continues to Progress” 

  The sale of the Grand Lucayan resort in Grand Bahama is expected to close on Nov. 15, 2022.  Owner Lucayan Renewal Holdings says the sales process “will be completed consistent with our revised timelines.” This story is part of …

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MarineMax Is Buying 8 Marinas in the Caribbean 

  By Alexander Britell In a move that could shake up the Caribbean yachting landscape, MarineMax has announced that it is buying a major owner of global marinas. This story is part of Caribbean Journal Invest, the authority on Caribbean …

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Major Caribbean Four Seasons Resort Sold 

  By Alexander Britell A prominent Four Seasons resort in the Caribbean has been sold, Caribbean Journal Invest has learned.  This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism business news. Join …

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143-Room Caribbean Hotel Sold for $40M 

  By Joe Pike, Special Contributor to CJI A 143-room Caribbean hotel has been sold for $40 million, Caribbean Journal Invest has learned.  This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism …

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$55 Million Private Island Under Contract in The Bahamas 

  A private island listed for $55 million in The Bahamas is now under contract, Caribbean Journal Invest has learned.  Cave Cay, the exclusive private island in the Exuma chain of The Bahamas, has found a buyer, according to Damianos …

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Choice Hotels Acquiring Radisson Americas for $675 Million 

  Choice Hotels International is acquiring Radisson Hotel Group Americas for approximately $675 million, Caribbean Journal Invest has learned.  The transaction includes Radisson Hotel Group Americas’ franchise business, operations and intellectual property.  This story is part of Caribbean Journal Invest, …

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LionGrove Acquires Another Caribbean Resort

  By Alexander Britell LionGrove has purchased another Caribbean resort, Caribbean Journal Invest has learned. This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism business news. Join to access this and other …

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Major Caribbean Resort Sold for $100 Million 

  A major Caribbean resort has been sold for $100 million, Caribbean Journal Invest has learned.  The iconic Grand Lucayan resort in Grand Bahama, The Bahamas, has been sold to Electra America Hospitality Group, the government of The Bahamas confirmed.  …

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Top Caribbean Resort Seeking Sale or Partner

  By Joe Pike, Special Contributor to CJI JLL’s Hotels & Hospitality Group has been retained to offer for sale the fee-simple interest in the Costa Isabela in Puerto Rico. This story is part of Caribbean Journal Invest, the authority …

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Top Caribbean Resort Sold; Will Join Hyatt Portfolio 

  A top all-inclusive resort in the Caribbean has been sold, Caribbean Journal Invest has learned.  The St James’s Club Morgan Bay Resort has been sold to Mullen Real Estate Capital, a Caribbean and Latin America hospitality investment and asset …

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New Ownership at Turks and Caicos’ Wymara Resort 

  There’s a new ownership structure at Turks and Caicos’ Wymara Resort and Villas, Caribbean Journal Invest has learned.  Longtime Wymara managing director Bruce Maclaren has purchased the shares of former co-owner Rob Ayer.  This story is part of Caribbean …

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Braemar Completes $193M Acquisition of Ritz-Carlton Dorado Beach 

  Braemar Hotels and Resorts has completed its acquisition of the 96-room Dorado Beach, a Ritz-Carlton Reserve resort in Puerto Rico.  The company said it had paid $193 million in total consideration for the property, the only Ritz-Carlton Reserve in …

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Two Major Low-Cost Airlines to Merge 

  The two fastest-growing airlines in the Caribbean are merging.  Spirit Airlines and Frontier Airlines have agreed to a definitive merge agreement under which the two airlines will combine.  This story is part of Caribbean Journal Invest, the authority on …

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Nocturne Acquires WIMCO, Forging a New Caribbean Villa Power 

  In December, leading Caribbean villa provider WIMCO Villas was purchased by Nocturne Luxury Villas. The deal follows last year’s acquisition by Nocturne of another major St Barth villa provider, St Barth Properties, forging a significant new villa player for …

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Beachfront Lot on Turks and Caicos’ Grace Bay Sells for $10.4 Million

  A prime stretch of beachfront real estate on Turks and Caicos’ Grace Bay Beach in Providenciales has been sold, Caribbean Journal Invest has learned.  The transaction for a 2.89-acre lot was handled by Turks and Caicos Sotheby’s International Realty.  …

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Major Caribbean Ritz-Carlton Resort Sold

  By Alexander Britell The leading Ritz-Carlton resort in the Caribbean has been sold, Caribbean Journal Invest has learned.  This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism business news. Join to …

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Popular Aruba Hotel Sold

  A leading hotel in the Dutch Caribbean has been sold, Caribbean Journal has exclusively learned.  A deal to purchase the Brickell Bay Beach Club hotel in Aruba has closed.  The 97-key hotel includes a 16,000-square-foot retail complex, in a …

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Deal to Purchase Bahamas’ Grand Lucayan Resort Won’t Go Forward

  The deal by a joint venture between Royal Caribbean and ITM Group to purchase Grand Bahama’s Grand Lucayan resort won’t go forward.  In a statement, Bahamas Port Investments, Royal Caribbean’s join venture with ITM, announced that it had mutually …

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