|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Caribbean

Grand Lucayan Resort in Bahamas to Be Sold in Sealed Bid Auction

SAN JUAN – The HVS Capital group announced on Tuesday that the Grand Lucayan Resort, the largest in Grand Bahama, is being sold in a sealed bid auction.

The bidding for one of the main resorts in The Bahamas, owned by a subsidiary of Hong Kong-based Cheung Kong Property Holdings, will be open until June 10, 2016, and the assets could all be bought, the firm said in a statement.

Although no specific reasons were given for the sale of the 1,271-room resort, HVS Capital representative Stan Kozlowski said that they “see significantly more favorable economic investment opportunities for Grand Lucayan, no matter what options a potential buyer may consider.”

“There are a number of investment opportunities for an interested buyer,” said Mike Sullivan, a representative of HVS Capital Corp.

Sullivan added that “some of those options include expanding and/or relocating the casino, converting additional accommodations to an all-inclusive product or converting some accommodations to vacation or whole ownership.”

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved