Search Result for: sales agreement

47 results found.

Owners of St Croix’s HOVENSA Seek Extension on Sales Agreement

Above: the HOVENSA refinery in St Croix By the Caribbean Journal staff The owners of the HOVENSA oil facility in St Croix have asked for an extension of the agreement governing the sales process for the property, the US Virgin […]

USVI Governor Sends HOVENSA Sales Agreement to Legislature

Above: the HOVENSA refinery By the Caribbean Journal staff United States Virgin Islands Governor John de Jongh has submitted the new agreement with the HOVENSA refinery to the legislature for approval. The agreement, which is the fourth Amendment Agreement between […]

St Barth Is Seeing a Real Estate Sales Surge

Across the Caribbean, high-net-worth buyers continue to acquire real estate, often seeing the region as a safe, secluded destination amid the global uncertainty. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive […]

Interval Renews Agreement with Ocean Hotels

Interval International and Ocean Two Partnership Limited, a subsidiary of Barbados hospitality group Ocean Hotels, announced the extension of their affiliation agreement. The multi-year contract includes Ocean Two Resort and Residences, a mixed-use resort on the south coast of Barbados. […]

Vitol Signs Agreement For Propane Energy Generation in US Virgin Islands

Above: the USVI By the Caribbean Journal staff The Virgin Islands Water and Power Authority has voted to approve an agreement with the Vitol Group to supply propane for energy generation in the territory. The project, which is slated for […]

US Virgin Islands and HOVENSA Finalize 14-Month Sales Timetable

Above: the HOVENSA refinery By the Caribbean Journal staff The United States Virgin Islands and HOVENSA have reached an agreement to govern a 14-month sales process for what was formerly the Caribbean’s largest oil refinery. The sales process will begin […]

Bahamas Government to Buy Grand Lucayan Resort

By the Caribbean Journal staff As part of a wider push to revive the island of Grand Bahama, the government of The Bahamas has announced plans to purchase the Grand Lucayan Resort. Bahamas Prime Minister Dr. Hubert Minnis said the […]

Elegant Is Expanding to Antigua, St Lucia

Elegant Hotels Group is expanding in the Caribbean. The hotel company, which has a collection of six luxury hotels in Barbados, has announced the signing of a marketing and sales agreement with The Landings in St. Lucia and is also planning […]

HOVENSA Shutdown Leads to Significant Drop in US Virgin Islands’ GDP

Above: the USVI By the Caribbean Journal staff The real GDP of the United States Virgin Islands fell by 13.2 percent in 2012, according to the United States Bureau of Economic Analysis. That was due almost entirely to the shutdown […]

Demand for St Barth Real Estate Keeps Rising

By Joe Pike, Special Contributor to CJI 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 for travel agents and advisors. Subscribe […]

10 Caribbean Hotel and Residential Projects to Keep an Eye On

Christie’s Looking to Build Caribbean Real Estate Alliance

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. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal […]

Wyndham Is Opening a New All-Inclusive in the Mexican Caribbean

Wyndham Hotels and Resorts is opening a new all-inclusive resort in the Mexican Caribbean, Caribbean Journal has learned. The company’s newest all-inclusive resort is the Wyndham Grand Cancun All-Inclusive Resort and Villas, which is slated to open its doors on […]

Playa to Manage Seadust Cancun All-Inclusive

Playa Hotels and Resorts is taking over management of the Seadust Cancun Family Resort, an all-inclusive on the Caribbean coast of Mexico. Playa will be managing all operations, sales and marketing of the property. The 502-room Seadust, set in the […]

CJI Conversation: Best Western CEO Larry Cuculic on the Caribbean Market

By Guy Britton Larry Cuculic took over as the newest chief executive officer of Best Western Hotels and Resorts towards the end of 2021, overseeing a company that is in the midst of a broad expansion push in the Caribbean […]

A Major New Caribbean Airport Project

One Caribbean island is set for a dramatic new international airport. 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 for travel […]

How to Build a Hotel in the Caribbean

By Timothy Peck, Chairman of OBMI 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 for travel agents and advisors. Subscribe today […]

Choice Hotels Adds New VP for the Caribbean

Choice Hotels has named a new regional Vice President of franchise sales development for the Ascent Hotel Collection, the company said this week. Choice Hotels has tapped Glenn Gordon to the role, in which he will lead the growth of […]

What Does the Future Hold for Sandals Resorts International?

By Joe Pike, Special Contributor 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 for travel agents and advisors. Subscribe today to […]

Playa Sells Mexican Caribbean Resort for $34.5 Million

By Alexander Britell 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 for travel agents and advisors. Subscribe today to unlock this […]

A New Luxury Real Estate Push in Barbados

By Dana Niland CJ Contributor The only new oceanfront and harbor-frotn real estate developments in Barbados are planning a major new sales push. As part of its agreement with the Barbados-based construction and development firm JADA Group, IMI Group will […]

How to Live at Camana Bay

By the Caribbean Journal staff A major real estate project is coming to Grand Cayman’s Camana Bay mixed-use development. Dart Real Estate and NCB Group have entered into a joint venture partnership to develop the first for-sale residential community in […]

Elegant Hotels Group Acquires Barbados’ Treasure Beach

One of the Caribbean’s top hotel companies has added another property to its portfolio. Barbados-based Elegant Hotels Group has announced the acquisition of the Treasure Beach hotel, a deal finalized last week. The four-star, 35-room property is located on Paynes […]

Margaritaville Is Expanding in the Caribbean

Margaritaville is expanding in the Caribbean, thanks to a new partnership with Karisma Hotels and Resorts, the company announced. The agreement introduces “Margaritaville, An All-Inclusive Experience,” which will include new resorts in beachfront destinations around the Caribbean. “Our partnership with […]

The Caribbean Has an Air Tax Problem

By George Nicholson Op-Ed Contributor The regional airline industry has been characterised by a high degree of commercial difficulties. The last three decades has seen the Caribbean airspace littered with the remains of more than thirty carriers – some of […]

A New $94 Million Luxury Project Is Coming to the Bahamas

One of the most exclusive corners of the region is getting a major resort project. The government of the Bahamas has executed a Heads of Agreement for a new $94 million luxury resort at South Cat Cay. The project will […]

Startup Caribbean Airline BlueSky Eyes New Aircraft Source

By the Caribbean Journal staff Grand Cayman-based airline startup BlueSky has pushed back its launch date due to the recent demise of European plane lessor Eurolot, it said this week. The company said Eurolot had been contracted to supply the […]

In Antigua and Barbuda, a Must-Visit Caribbean Event for Foodies