PI timeshare 97 sold-out

Thu, Sep 30th 2010, 11:00 PM

By CHESTER ROBARDS

Business Reporter

crobards@tribunmedia.net

Timeshare units in the Harborside complex on Paradise Island are now 97 per cent sold-out, Tribune Business was told yesterday, with Kerzner International expecting Atlantis's group business to make a marginal comeback next year before returning to a semblance of pre-recession levels in 2012.

George Markantonis, Kerzner International (Bahamas) managing director and president, said Atlantis's overall year-over-year occupancy levels show a rebound in stopover visitor numbers.

And while the group business dynamics have changed since the global financial crisis and ensuing recession, bookings for 2011 will be above 2010. ...

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