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Showing posts with the label Resort

Royal Caribbean Announces New $300 Million Cruise Destination in Freeport, Bahamas

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Grand Lucaya Resort Today Will Be Transformed into a Resort and Shore Excursion for Cruises Calling at Freeport in the Bahamas. Royal Caribbean's new joint venture, Holistica Destinations, announced on 3/2/2020 a $300 million investment in Freeport, Grand Bahama that will redevelop the Freeport cruise ship terminal to bring a new world-class destination with a one-of-a-kind hotel, convention center, water adventure park and more. The new project will span two locations including the enhancement and expansion of the port terminal, to be called Harbour Village, and the Lucaya Property, which will be situated at the current Grand Lucayan resort. The first phase of the Lucaya Property will be a world-class beachfront destination with a 526-room hotel, shopping village, spa and wellness center, water-based family entertainment including a massive water and adventure theme park, a 40,000-square-foot convention center, adventure activities such as zip lines and off-roa...

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

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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...