Bethesda-based Marriott International Inc. (NASDAQ: MAR) announced Friday it has an agreement to buy Elegant Hotels Group, which owns and operates seven hotels and a beachfront restaurant on the island of Barbados. Per a release, Marriott’s all-cash offer values Elegant at roughly $199 million, including its $68.9 million in total net debt. Elegant’s seven hotels total 588 rooms,...
From a stable rate of return, appealing tax advantages and a step in building your wealth, Real Estate offers an appealing advantage. Here are 5 reasons why you should choose real estate: Not Volatile: Property has historically proven to be the sound choice. Your risk of loss is minimized by the length of time you hold on to your real estate. Real estate gives you more control of your investment...
Regular Barbados Companies (RBCs) are generally incorporated under the Companies Act of Barbados and may only carry on international business with permission of the Central Bank of Barbados. Societies with Restricted Liability (SRLs) are organised under the Societies with Restricted Liability Act and may only carry on international business with permission of the Central...