Search Result for: purchase
596 results found.
Belize Requiring All Visitors to Purchase Travel Insurance
Belize has announced new entry requirements for travelers, set to take effect Feb. 15, Caribbean Journal has learned. The centerpiece is a requirement for an application for Belize Travel Health Insurance, a mandatory health insurance that “helps protect travelers against […]
Deal to Purchase Bahamas’ Grand Lucayan Resort Won’t Go Forward
The deal by a joint venture between Royal Caribbean and ITM Group to purchase Grand Bahama’s Grand Lucayan resort won’t go forward. In a statement, Bahamas Port Investments, Royal Caribbean’s join venture with ITM, announced that it had mutually agreed […]
AccorHotels Closes on Purchase of SBE Stake
By the Caribbean Journal staff Paris-based hotel giant AccorHotels has closed on its purchase of a significant interest in hospitality firm sbe [sic]. The deal includes a 50 percent interest in sbe, whose portfolio of hotel brands includes SLS, Delano, […]
Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas
Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million, the company announced. Concurrent with the completion of the deal, Ashford has financed the hotel with a $42 million non-recourse mortgage loan. The property will […]
Genting Completes $550 Million Purchase of Crystal Cruises
Above: a Crystal Cruises ship By the Caribbean Journal staff Genting Hong Kong has officially completed its $550 million acquisition of Crystal Cruises from Nippon Yusen Kabushiki Kaisha. The transaction was first announced in March. Genting has also announced the […]
Grenada Planning to Purchase Majority Stake in GRENLEC Utility
Above: Grenada By the Caribbean Journal staff Grenada’s government is planning to purchase a majority stake in the GRENLEC electric utility. The government said Friday it had advised Grenada Private Power of its intentions. Grenada Private Power had issued a […]
Playa Hotels Says Purchase of Montego Bay Ritz-Carlton “Not Complete”
Above; the Ritz-Carlton Rose Hall By the Caribbean Journal staff The purchase of the Ritz-Carlton Rose Hall in Jamaica’s Montego Bay is not yet complete, according to Playa Hotels & Resorts, which had been reported to have purchased the property. […]
Owners of Bermuda’s Fairmont Hamilton Purchase Site of Former Sonesta Hotel
Above: the former Sonesta in Bermuda By the Caribbean Journal staff The site of the former Sonesta Hotel in Bermuda has been sold, according to global brokerage Jones Lang LaSalle, which handled the transaction with Bermuda’s Rego Sotheby’s International Realty. […]
Couples Resorts Close to Purchase of Almond Casuarina Resort in Barbados
Above: the Almond Casuarina Beach Resort in Barbados By the Caribbean Journal staff Jamaica-based Couples Resorts is in “firm negotiations” concerning the purchase of the 280-room Almond Casuarina Beach Resort in Barbados, Couples CEO Glenn Lawrence and Casuarina Chairman Anthony […]
Sandals Coming to Grenada Following Purchase of LaSource Resort
Above: the La Source property in Grenada By Alexander Britell Grenada will soon be home to a Sandals resort, following the purchase of the LaSource Resort property, the company announced Thursday. The agreement, which was reached after “ongoing discussions” with […]
In Caribbean Luxury Real Estate Market, a Shift Toward Gated Communities
Single family homes in the Caribbean are particularly popular these days for those looking for secure villas and enclaves, real estate experts say. And the emphasis is on security. To access this content, subscribe now. Choose from two tailored subscription […]
US Virgin Islands Tourism IS Off to a Strong Start in 2024
US Virgin Islands tourism is off to a very strong start this year, according to data provided by the Caribbean Hotel and Tourism Association. Overseas arrivals in the USVI were up 21 percent in the first quarter of 2024, as […]
CJ Travel Advisor
This Subscriber Agreement and Terms of Use (this “Agreement”) governs your use of all digital products and services from Caribjournal.com and newsletters (“Caribbean Journal Invest”) that are made available from time to time, including without limitation, any Web pages, services, […]
Is Canouan the Next Caribbean Luxury Real Estate Hotspot?
Whether stepping foot on Canouan for the first time or seeing its green Mount Royal peak and coastal posh surroundings from afar, there’s a visible vibe. And, that vibe is ultra-luxurious. To access this content, subscribe now. Choose from two […]
From a St Regis to a JW Marriott, AB Living Keeps Growing Its Mexican Caribbean Pipeline
Developer AB Living debuted its new SHA Mexico project in January, a new kind of hybrid wellness clinic and resort. But that’s just the tip of the iceberg for the company, which continues to develop new properties in the Mexican […]
Why Marriott is Bullish on All-Inclusive
Consider Marriott among the entities that are most bullish on the all-inclusive space. Among its 30-plus brands and nearly 9,000 properties globally, nine of its brands here in 2024 – including the likes of The Luxury Collection, Delta Hotels and […]
Is This the Best All-Inclusive Restaurant in Jamaica?
Its name is Zenith. It’s perched on the top floor of a stately, open-air white building with panoramic vistas of the aqua Caribbean below, hut-dotted white sand beaches below and pops of forest green mountains in the approachable distance. It’s […]
The Mexican Caribbean’s Newest Beach Hotel Was a “Joy to Bring to Life”
“Lula has been a joy to bring to life,” says property designer and general manager Laura Avila. “Every color, every bite of food and every program offering has been created to bring a sense of wonder and inspiration to our […]
The Great Grand Bahama Comeback
Approaching five years post-Hurricane Dorian, it appears Grand Bahama is having a major moment in the sun. The northernmost Bahamian island was ground zero for the 2019 storm, which caused an estimated $7 billion in damage Bahamas-wide. Today, according to […]
The Private Investment Firm That’s Betting Big on Exuma
“For the next 25 to 30 years, we see ourselves investing in and focusing on Exuma – we were lucky enough to find a jewel that is basically untouched and has tremendous potential.” To access this content, subscribe now. Choose […]
Spirit, JetBlue Terminate Merger Agreement
Spirit and JetBlue have officially terminated their merger agreement, a few months after a federal judge prevented Jetblue’s purchase after an antitrust challenge by the US Justice Department. The move was done by “mutual agreement,” according to a statement. “After […]
Journeying to Francis Ford Coppola’s Rainforest Lodge in Belize
The barman at the Jaguar Bar is happy to tell you the recipe for Jaguar Juice. It’s simple, so he says: One Barrel rum; pineapple juice; and a local liqueur called Nanse that’s made from a Belizean fruit called craboo. […]
The Bahamas Is the Caribbean’s Hottest Spring Destination
The Bahamas is the most popular destination in the Caribbean for spring travel, according to a new report from travel insurance company Squaremouth. The Bahamas was the only Caribbean destination to make the top 10 among the most popular destinations […]
St Barth Real Estate Market Keeps Pushing Ahead
When it comes to the upper echelon of luxury in the Caribbean, no conversation is complete without Saint Bathélemy. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean […]
Two Hyatt-Branded Caribbean Hotels Sold
A pair of Hyatt-branded Caribbean hotels has been purchased by California-based JRK Property Holdings, Caribbean Journal Invest has learned. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean […]
New Owner for 369-Room Cancun Resort
The Royal Islander Cancun resort has been sold, Caribbean Journal Invest has learned. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content […]
Jamaica Makes Push for Global Tourism Resilience Fund
Jamaica is continuing its call for the creation of a tourism resilience fund, one that would help vulnerable Caribbean nations build up their resilience to the effects of climate change. It’s the brainchild of Jamaica Tourism Minister Edmund Bartlett, who […]
Hyatt Is Getting into the Vacation Rental Business
Hyatt is getting into the short-term vacation rental business, the company announced this week. Hyatt Hotels is planning a new short-term vacation rental platform called Homes & Hideaways by World of Hyatt, which will include private homes and remote hideaways. […]
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