Transactions

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Apple Leisure Group Sold for $2.7 Billion

Travel giant Apple Leisure Group has been sold for $2.7 billion.  The buyer? Hyatt Hotels Corporation, which has entered into a definitive agreement to acquire ALG and its assets from affiliates of KKR and KSL Capital Partners.  The deal is […]

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Playa Selling Caribbean Resort for $55 Million

caribbean resort playa selling

By Alexander Britell Playa Hotels and Resorts has entered into a “binding agreement” to sell the Secrets Capri Riviera Cancun, Caribbean Journal Invest has learned.  The property has been sold for $55 million in cash, according to Playa. “Upon closing, […]

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Another Private Island Sold in The Bahamas

bahamas private island sold

By Alexander Britell The Caribbean’s hottest private island market has seen another sale, Caribbean Journal Invest has learned.  Prince Cay, a 9-acre island in the Abacos, was sold this week in a transaction handled by HG Christie’s John Christie and […]

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Three Private Islands Sold in The Bahamas

bahamas private islands

A collection of three private islands in The Bahamas has been sold, Caribbean Journal Invest has learned.  Little Hawksbill Cays, which includes a 39-acre island, a 10-acre island and a five-acre island, have been sold in a transaction handled by […]

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Playa Completes $34.5 Million Sale of Dreams Puerto Aventuras

dreams puerto

Playa Hotels and Resorts has completed its sale of the Dreams Puerto Aventuras resort in the Mexican Caribbean, Caribbean Journal Invest has learned.  The company sold the resort back in November for a total consideration of $34.5 million in cash.  […]


Top Turks and Caicos Villa Sold

turks estate sold

A five-bedroom estate in Turks and Caicos listed for $13 million has been sold, Caribbean Journal Invest has learned.  It’s yet another transaction for what is one of the region’s most active real estate markets.  The Emerald Pavilion is a […]


Anguilla's CuisinArt Resort Has Been Sold

st martin anguilla ferry

By Alexander Britell Anguilla’s CuisinArt luxury resort has been sold, Caribbean Journal Invest has learned. CBRE Hotels arranged the sale of the 181-key resort complex to Olympus Ventures, the family office of Best Buy founder Richard M. Schulze. CBRE Hotels’ […]

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Playa Sells Mexican Caribbean Resort for $34.5 Million

caribbean mexican resort playa

By Alexander Britell Playa Hotels and Resorts has announced the sale of the Dreams Puerto Aventuras resort on the Caribbean coast of Mexico.  The company said it had entered into a binding agreement with a third party to sell the […]


Highgate Acquires Trust Hospitality, Increases Caribbean Footprint

caribbean highgate trust

Real estate investment and hospitality management company Highgate has acquired leading Caribbean-focused hotel company Trust Hospitality, Caribbean Journal Invest has learned.  Highgate has assumed management of Trust Hospitality’s portfolio of 22 hotels and resorts comprising 3,100 rooms across the United […]


Final Lot at Turks and Caicos’ Beach Enclave Grace Bay Sells for $3.2M

turks and caicos beach enclave

The final lot at the new Beach Enclave Grace Bay project in Providenciales has been sold, Caribbean Journal Invest has learned.  Lot 10 at the development sold last month for $3.2 million, according to Turks and Caicos Sotheby’s International Realty.  […]

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San Juan, Puerto Rico Penthouse Sells for $3.4 Million

puerto rico san juan penthouse

A four-bedroom, 5.5-bathroom penthouse in San Juan, Puerto Rico’s hip Condado Beach neighborhood has been sold for $3.4 million, Caribbean Journal Invest has learned.  Unit 901 at the Acquamarina condominium at 1315 Ashford Avenue sold for a record-breaking $693.03 per […]


Playa Sells Two Jamaica Resorts

jamaica resorts playa

In a move to “enhance” its liquidity, all-inclusive company Playa Hotels and Resorts has closed on the sale of two of its resorts in Jamaica.  The company has sold the Jewel Dunn’s River Beach Resort and Spa in Ocho Rios […]


St Kitts’ Ocean Terrace Inn Closes Permanently

st kitts ocean terrace inn

In the first major casualty of the Caribbean hotel industry due to the novel coronavirus, St Kitts’ Ocean Terrace Inn has announced its permanent closure, Caribbean Journal Invest has learned.  In a letter by Ocean Terrace Inn Chairman Earle A. […]