100M-150M boost for San Salvador

Fri, Dec 17th 2010, 01:00 PM

 

Construction could begin as early as September 2011 on Phase One of the $100-$150 million real estate project "The Residences at Columbus Isle".
Partner of Club Med and owner of Sand and Oceans Investments Limited Jean-Marc Daigle told Guardian Business yesterday that the new development will not only reap benefits for San Salvador's economy, but will increase the marketability and transparency of Club Med on the island.
"We just like the competition and to increase the activity of tourists on the island," Daigle said. "We have a phase to put around 300 new rooms, so it's twice as much as Club Med is offering. It's good for the island, it...

Construction could begin as early as September 2011 on Phase One of the $100-$150 million real estate project "The Residences at Columbus Isle".

Partner of Club Med and owner of Sand and Oceans Investments Limited Jean-Marc Daigle told Guardian Business yesterday that the new development will not only reap benefits for San Salvador's economy, but will increase the marketability and transparency of Club Med on the island.

"We just like the competition and to increase the activity of tourists on the island," Daigle said. "We have a phase to put around 300 new rooms, so it's twice as much as Club Med is offering. It's good for the island, it...

 

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