Press Releases

Morgans Hotel Group Signs 10-year Management Contract for 78-key San Juan Water and Beach Club Hotel in Puerto Rico

Morgans Hotel Group Co. today announced a long-term management agreement for the San Juan Water and Beach Club Hotel, a 78-key beachfront hotel in Isla Verde, Puerto Rico. Among other awards, San Juan Water and Beach Club Hotel has been listed on Conde Nast Traveler’s Gold List as one of the “World’s Best Places To Stay” and has been number three on Conde Nast Traveler’s top ten list of Caribbean/Atlantic hotels.

Sandals Resorts International Purchases Four Seasons In Great Exuma, Bahamas

Sandals Resorts International (SRI), parent company of Sandals Resorts, Beaches Resorts, The Royal Plantation Collection and Grand Pineapple Beach Resorts, today announced the purchase of the recently shuttered Four Seasons Resort Great Exuma at Emerald Bay for an undisclosed sum. According to Sandals Resorts Founder and Chairman, Gordon "Butch" Stewart, the 500-acre property, which features a championship Greg Norman golf course and world-class marina, is set to become a Sandals Resort and will be called Sandals Emerald Bay, Great Exuma, Bahamas. Following certain enhancements customary to the Sandals Resorts brand, including an expansive new pool complex and additional dining establishments, the resort will open January 22, 2010.

Island Outpost Breaks Ground At Goldeneye, Jamaica

Island Outpost, a collection of distinctive hotels and villas in Jamaica, began the expansion of its famed GoldenEye resort with an official groundbreaking ceremony held on August 14th, 2009. Entertainment mogul Christ Blackwell; the Honorable Bruce Golding, Prime Minister; the Honorable Daryl Vaz, Minister of Projects and Implementation; and Jason Henzell, president of Island Outpost attended the official ceremony.

Luxury Market Hit By Economic Crisis | The Royal Gazette

The luxury hospitality market is feeling the full impact of the global economic downturn in more ways than one, as companies cut back on lavish trips to top hotels and resorts in offshore destinations. But it is less to do with the money needed to finance the excursion and more about the public's perception of how it is being spent that is putting firms off visiting the likes of Bermuda.