Royal Caribbean Makes A Play For Freeport's Grand Lucaya Resort.

Royal Caribbean in Negotiations to Purchase the Grand Lucaya Resort in Freeport in the Bahamas Here is a news story that I had missed. It appears that Royal Caribbean is expanding its presence in the Bahamas and has made an offer to purchase the Grand Lucaya Resort in Freeport. It appear that the negotiations began before Hurricane Dorian hit Freeport hard and the resort remains closed today due to storm damage. As of this time, It is uncertain where negotiation sit today. Royal Caribbean hinted that they intended to covert the resort into an experience very close to the "Perfect Day at Coco Cay". It is unclear if the amenities of the renovated resort will be available to hotel guests only - or be offered to cruise passengers and sold as part of a shore excursion. Here are some additional details on the negotiations from March 27, 2019. Lucayan Renewal Holdings Ltd. today signed a Letter of Intent with Royal Caribbean Cruises Ltd. (RCL) and the ITM Group to beg...