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Transactions

cap cana CJ Invest

Golf Legend Miguel Angel Jimenez Buys Cap Cana Condo

The new St. Regis Cap Cana luxury development in Punta Cana, Dominican Republic was created with golf lovers in mind and will soon be home to one of the best golfers in the world. Miguel Angel Jimenez, world-famous pro golfer and 21-time […]

CJ Invest

Choice Hotels Acquiring Radisson Americas for $675 Million 

punta cana radisson aimbridge

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.  It comprises nine Radisson brands, part of what Choice […]

CJ Invest

LionGrove Acquires Another Caribbean Resort

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By Alexander Britell LionGrove has purchased another Caribbean resort, Caribbean Journal Invest has learned. It’s the third property in the Caribbean for the company, and the second transaction in the last year. The company has purchased the Wyndham Grand Rio […]

CJ Invest

Major Caribbean Resort Sold for $100 Million 

caribbean resort sold

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.  The […]

CJ Invest

Top Caribbean Resort Seeking Sale or Partner

puerto rico sale

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. The Royal Isabela Resort, perhaps the crown jewel of Costa Isabela, […]


Top Caribbean Resort Sold; Will Join Hyatt Portfolio 

hyatt alg amr

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 management […]


New Ownership at Turks and Caicos’ Wymara Resort 

wymara

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.  To complete the transaction, Maclaren partnered with […]

CJ Invest

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

puerto rico braemar

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 the […]


Two Major Low-Cost Airlines to Merge 

airlines 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.  “We worked jointly with the Board of Directors and senior management team […]


Nocturne Acquires WIMCO, Forging a New Caribbean Villa Power 

wimco st barth

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 St […]

Caribbean

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

turks and caicos grace bay

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.  The […]


Major Caribbean Ritz-Carlton Resort Sold

ritz major sold

By Alexander Britell The leading Ritz-Carlton resort in the Caribbean has been sold, Caribbean Journal Invest has learned.  Dorado Beach, a Ritz-Carlton Reserve, the preeminent hotel in Puerto Rico, has been sold to Braemar Hotels and Resorts.  The 96-key resort, […]


Popular Aruba Hotel Sold

aruba hotel sold popular

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 strong […]


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