Markets

$300 Million Private Island Project Breaks Ground in The Bahamas
A new $300 million private-island residential resort project has broken ground in The Bahamas. The new Montage Cay, a partnership between Sterling Global and Montage International, held its groundbreaking this past week on what was formerly known as Matt …
LATEST NEWS
How to Move to St Croix, Explained
By Joe Pike, Special Contributor to CJI For Jill Cherubin, managing broker for Christie’s International Real Estate US Virgin Islands, the best part about her decision to live in St. Croix, U.S. Virgin Islands, was the diverse cultures and …
10 Small Resorts to Visit in the Dominican Republic Right Now
The Dominican Republic is a big country, and sometimes it can feel like everything about the DR’s resort areas can seem super-sized, too: big beaches, mega resorts, and all-inclusive hotels with giant buffets and endless dining options. There’s nothing …
Listing of the Week: A $16 Million Abaco Private Island Villa
By Joe Pike, Special Contributor to CJI The Hibiscus Estate Residence, one of roughly 50 residences that will be located on Montage Cay in The Bahamas, has listed for $16 million. This story is part of Caribbean Journal Invest, …
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 …
Bonefishing Lodge on Bahamas’ Long Island Hits the Market
A boutique bonefishing lodge is on the market in The Bahamas, Caribbean Journal Invest has learned. The Long Island Bonefishing Lodge on Long Island is listed for $895,000. This story is part of Caribbean Journal Invest, the authority on …
Jamaica Hotel Lists for $16 Million
By Joe Pike, Special Contributor to CJI The Hotel Four Seasons, not to be confused with Four Seasons Hotels & Resorts, in Kingston, Jamaica was recently listed on the market for $16 million, Caribbean Journal Invest has learned. This …
$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 …
Caribbean Hotel Occupancy, Rates Continue to Surge
Caribbean hotel occupancy and daily rates continue to climb, according to the latest data report from hotel analytics firm STR. Caribbean hotel occupancy stood at 59.9 percent in May, a more than 43 percent jump from the same period …
More Details Revealed on InterContinental Grenada Project
IHG Hotels and Resorts has revealed more details on the new InterContinental Grenada Resort project, which just broke ground. The hotel, which is being developed by Range Developments, is slated to include 150 rooms and 30 private suites in …
New 250-Room Residential Resort Project Planned in Jamaica
A new 250-room residential resort project is being planned in Jamaica, Caribbean Journal Invest has learned. The project, slated to debut in late 2024, is being designed by architectural firm Leo A Daly. This story is part of Caribbean …
Hyatt Is Opening a New-Build Resort in Cancun
Hyatt is planning to open a new-build Grand Hyatt-branded beach resort in Cancun, Caribbean Journal Invest has learned. The new Grand Hyatt Cancun Beach Resort is slated to open its doors in 2024, with 500 rooms, 28 of which …
Robert De Niro’s Nobu Is Opening Another Caribbean Hotel
Robert De Niro’s Nobu Hospitality is opening another hotel in the Caribbean, Caribbean Journal Invest has learned. The company, which already has the Nobu Beach Inn in development on the island of Barbuda, is adding a second hotel in …
Former Caribbean Margaritaville Resort to Be Sold
The former Margaritaville Beach Resort in Grand Cayman will be sold. Cayman-based FTI Consulting announced that David Griffin and Iain Gow have been appointed receivers of the former Margaritaville Beach Resort Grand Cayman. This story is part of Caribbean …
CMC, Highgate to Open New Courtyard by Marriott in Curacao
By Joe Pike, Special Contributor to CJI During Curacao’s recent Global Trade Symposium, the island was able to showcase some of its newest hotel product including the destination’s first Courtyard by Marriott. This story is part of Caribbean Journal …
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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