CJ Invest Index
Historic Abaco Hotel Site Sold
The former Hope Town Harbor Lodge in Abaco, The Bahamas has been sold, Caribbean Journal Invest has learned. The site of the Hope Town Harbor Lodge, much of which was destroyed during Hurricane Dorian, has a new owner. The hotel …
Subscribe or Log in to read.Major Luxury Hotel Brand Sold
A major luxury hotel brand has been sold, in a move that will impact several hotels in the Caribbean region. Highgate has entered into an agreement to buy Viceroy Hotels and Resorts, as the company continues to grow its …
Subscribe or Log in to read.Hyatt Is Buying Dream Hotel Group
Hyatt Hotel Corporation is making another high-profile hotel company purchase, Caribbean Journal Invest has learned. The company has announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s hotel brand and management platform. This story is part …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.$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 …
Subscribe or Log in to read.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, …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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. …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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 …
Subscribe or Log in to read.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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