Antigua.news Antigua and Barbuda Two major hotel brands to purchase a section of the Jolly Beach Resort
Antigua.news Antigua and Barbuda Two major hotel brands to purchase a section of the Jolly Beach Resort

Two major hotel brands to purchase a section of the Jolly Beach Resort

22 September 2023 - 07:49

Two major hotel brands to purchase a section of the Jolly Beach Resort

22 September 2023 - 07:49

By Abigayle McIntosh

 

Negotiations are currently taking place between the government and two hotel brands for the acquisition of a portion of the unutilized space at Jolly Beach Resort.

The interested brands are looking to purchase around 2 acres of the inactive resort. It’s worth noting that a different portion of the hotel, located on the island’s southern side, was previously sold to Ambassador Calvin Ayre for a Nikki Beach-style venture.

Tourism Minister Charles Max Fernandez did not provide specific details but assured that the Cabinet of Antigua and Barbuda and Prime Minister Gaston Browne are actively exploring options.

He mentioned that the government has received offers from the interested brands, but nothing has been finalized yet. The Prime Minister was present in one of the meetings this week.

The Minister declined to disclose the names of the interested hotel brands until a formal agreement has been reached, but he confirmed that the negotiations are real.

He said, “Once we have something firm, then we will make the announcement.”

Last year, Elite Island Resort leased a part of the property. With the hope that the rest of the property will soon be in operation, the government is keen to explore all available options.

About The Author

Editorial Staff

The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication. Contact: [email protected]

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Antigua News - Breaking stories that captivate
Privacy summary

This website uses cookies so that we can provide you with the best possible user experience. Cookie information is stored in your browser and performs functions such as recognising you when you return to our site or helping our team understand which parts of the site you find most interesting and useful. More information in Privacy Policy