Carnival Cruise Line made its first official call to Ocho Rios on Wednesday as Carnival Sunrise arrived in port, marking the resumption of cruise visits to Jamaica following Hurricane Melissa. Local officials and community partners greeted the ship as operations continued to stabilize across the north coast — with cruise guests officially returning to the […]
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 Sitrling Global Financial as an equity investor. “I have always been passionate about Wymara […]
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 Caribbean region. Braemar has also acquired the income stream attributable to 14 luxury residential units […]
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 across both carriers to arrive at a combination of two complementary businesses that together will […]
