Check out market updates on the resort business
Club Med is building a new 93 acre $100 million Club Med resort in the Dominican Republic. From Hotel Management: “Resort owner and operator Club Med is set to open its second resort in the Dominican Republic later this year in Miches, approximately a 90-minute drive from its 40-year-old sister property in Punta Cana. At…
This is great news for the St Croix resort and hotel business…. By the Caribbean Journal staff An historic Caribbean resort is set to make its long-awaited comeback next year, Caribbean Journal has learned. Marriott’s Renaissance St Croix Carambola Beach Resort and Spa is set to return in the spring of 2020, according to the…
According to CBRE the Mexico resort market is still on fire. In the next three years there are plans for 352 new hotels and resorts in Mexico. “Marriot, the NH Group, Hoteles Misión and the Intercontinental Hotels Groups have, in that order, the next most ambitious plans. The four chains will collectively open around 150…
This is another great development for the Belize resort business. This story is from Hotel Management magazine with their exclusive on Margaritaville developing a resort on Ambergris Caye. “Hotel Management on Thursday learned resort hotel brand Margaritaville is developing a new property on Ambergris Caye, Belize’s largest island. Rick Cunningham, VP of hotel development at Margaritaville, told HM his…