Search results for : Timeshares
Blue Water Resort plans expansion
October 29, 2013
Blue Water Resort plans expansion
MIAMI, Florida -- Timeshare units in the Blue Water Resort at Cable Beach are expected to be sold out by early 2014 and plans to expand the project are underway.
However, a resort executive is calling on the government to update laws relating to timeshare properties if it hopes to attract more investments of this sort, noting that industry stakeholders are aiming to provide recommendations to the ...
Old land laws 'impact' economic growth
January 08, 2013
Old land laws 'impact' economic growth
A leading attorney says that laws governing the transfer of real property are outdated and failure to update the legislation negatively impacts economic growth. Sharlyn Smith, an attorney at Sharon Wilson and Co., insisted that the lack of "comprehensive changes" to the process of transferring real property tax hinders an individual's ability to diversify their property, which isn't favorable fro...
Royal Oasis in Talks for Redevelopment
January 08, 2013
Royal Oasis in Talks for Redevelopment
The Royal Oasis Resort in Grand Bahama is in discussions for redevelopment, with no plans to sell the 965-room property in the foreseeable future. According to top sources, Harcourt Development Group, based in Ireland, has been approached by a "number of people" to join in this redevelopment.
CIBC FirstCaribbean 'Very Active' In Lending
November 13, 2012
CIBC FirstCaribbean 'Very Active' In Lending
One of the country's leading banking institutions says it will continue to be very active in its lending for hospitality and real estate projects.
Govt to bolster laws on foreign ownership
November 12, 2012
Govt to bolster laws on foreign ownership
The government is reviewing new legislation to boost timeshare and other offerings in an effort to strengthen and diversify the country's tourism product.
According to Khaalis Rolle, the minister of state for investments, amendments to the proposed timeshare legislation is part of a comprehensive agenda. He noted to Guardian Business that bringing such an agenda and business plan to Parliament is ...
Shared Ownership To Diversify Offerings
September 24, 2012
Shared Ownership To Diversify Offerings
Orlando, Florida - The country's tourism product could be getting a major boost from the shared ownership investment market, as that sector reportedly averages high occupancies year-round, according to an industry analyst.
Executives Eye Shared Ownership In Family Islands
September 24, 2012
Executives Eye Shared Ownership In Family Islands
Orlando, Florida - Top executives in the shared ownership investment industry are looking to expand their reach into The Bahamas.
Study: 74 Cite Bahamas as Top Destination
September 21, 2012
Study: 74 Cite Bahamas as Top Destination
ORLANDO, Florida - The Bahamas is a destination that remains in high demand for active leisure travelers looking to purchase shared ownership investments, according to a recent survey.
Shared Ownership Hurt by Poor Legislation
September 21, 2012
Shared Ownership Hurt by Poor Legislation
Orlando, Florida - Many developers and buyers are reluctant to enter the shared ownership investment market in places like The Bahamas, as it lacks the necessary legislation that would protect them.
Realtors see potential in shared ownership
September 19, 2012
Realtors see potential in shared ownership
The real estate industry has not benefitted much from shared ownership investments in the past, but top realtors are confident about its place in the sector to generate sales and employment.
John Christie and Larry Roberts admitted to Guardian Business that shared ownership has not been popular in the local market, noting that internationally-based companies tend to benefit. Christie, vice presid...
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