bahamas villas
Bahama Islands News, Articles and Information
McDonald is on board
Senior Vice President of the Royal Bank of Canada, Ross McDonald has been appointed to the Board of Eleuthera Properties, a Bahamian-owned Investment Company it was announced recently.The news of his appointment was revealed at a press conference held at the Bahamas' Ministry of Social Services and Investments to announce RBC's partnership with the company in a deluxe multi-million development called Cotton Bay Villas.
Eleuthera Properties Chair-man, Franklyn Wilson, considers this a huge move for his company in building the confidence for potential Bahamian and foreign investors.
He said that for people around the world who would enquire about Cotton Bay Villas online, his name as a developer means nothing.
However, an affiliation with RBC, he said, gives his organisation a certain degree of credibility that they could never pay for.
RockResorts gets Bahamas bid
RockResorts, the luxury hotel subsidiary of Vail Resorts Inc., announced Thursday it has been awarded the management contract for the new $700 million Rum Cay Resort Marina in the Bahamas.The 870-acre Rum Cay will become RockResorts' first international property. It is being developed by Nassau, Bahamas-based Montana Holdings.
RockResorts will manage the hotel and spa facilities, along with a marina village and golf facility.
"We continue to focus on resorts in and around our ski resorts, but we're also looking to extend that reach to other unique settings," said said Jeffrey Jones, senior executive vice president at Vail Resorts. "This is one of those."
The Rum Cay hotel, which will open in 2009, will feature approximately 100 rooms and 80 fractional-ownership villas.
Gencom-Led Partnership to Develop The Ritz-Carlton Rose Island ...
MIAMI- Gencom Group, an investment and development firm, announced that through a joint venture partnership it will develop The Ritz-Carlton Rose Island, Bahamas, which is just four miles off Nassau and Paradise Island in the Caribbean.The exclusive luxury resort, which is scheduled to open in late 2009, will sit on a 230-acre private island. The resort will feature a 180-room Ritz-Carlton hotel and more than 400 residential units that will include condo hotel units, villas, townhouses, private estate homes and a 40 Ritz-Carlton Club fractional product. It is envisioned that there will be rental programs available to all the homeowners.
Other features will include a 300 slip marina that will provide full retail and marina services, a helipad and a ferry from Nassau and Paradise Island for homeowners, guests and visitors, various swimming pools, a luxury spa and several dining alternatives, including specialty and casual restaurants.